Press & News

The rebranded community traded with the assistance of a LoanCore Capital acquisition financing. Sunroad Enterprises has acquired Parcland Crossing, a 383-unit Class A property in Chandler, Ariz., for $125 million. CBRE represented the seller, PrivatePortfolio Group. The new owner rebranded the community as The Laurel Apartments. According to Maricopa County records, LoanCore Capital provided a… Read more »

San Diego-based Sunroad Enterprises has purchased The Mezz at Fiddler’s Green, a 149-unit Class A apartment building in Centennial, for $47.78 million, CBRE announced. Dan Woodward, David Potarf and Matt Barnett with CBRE Capital Markets in Denver arranged the sale on behalf of the seller, The Garrett Companies. Rocco Mandala of CBRE’s Phoenix office secured… Read more »

With Las Vegas’ heated apartment market showing no signs of cooling, investors recently bought two complexes for nearly $70 million combined. Sunroad Enterprises said Friday that it acquired the 320-unit Avery Park rental complex at 2200 N. Torrey Pines Drive at Smoke Ranch Road. The San Diego Company said it would renovate the common areas… Read more »

San Diego-based developer Sunroad Enterprises, Inc. has secured $165 million in refinancing on two recently-built luxury multifamily complexes totaling 555 units in the city’s Kearny Mesa neighborhood. Mesa West Capital of Los Angeles originated the short-term mortgage debt, with Mesa West holding the $145 million A-note and New York-based Clarion Partners holding the $20 million… Read more »

The 302-unit Vive on the Park is situated in the master-planned community of Sunroad Centrum in the Kearny Mesa submarket. Sunroad Enterprises has obtained $165 million in short-term, first-mortgage loans to refinance two new luxury apartment complexes in San Diego. Financing was secured for the 253-unit Ariva and the 302-unit Vive on the Park. The properties are… Read more »