Regions West | San Francisco
Silicon Valley M-F High-Rise Gets Fannie Mae Financing
Sept 23, 2008

Vendome Place, an upscale apartment community in San Jose, Calif., has been refinanced to the tune of $12.4 million. Developed by Barry Swenson Builder, the 76,000-square-foot Silicon Valley property sits at 750 Miller St. and contains 75 apartments. Cohen Financial orchestrated the transaction on behalf of the borrower, securing the loan with Fannie Mae through national multifamily lender Green Park Financial. The fully leased tower, located along the area's light rail system, constitutes just one segment of a multi-phase development endeavor that will be boosted by the recent closing of the refinancing deal.

 
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