Brokers with JLL Capital Markets in San Diego have arranged a $17.5 million loan for the purchase of a Hayward manufactured home community.
The JLL Capital Markets team representing Hometown America in securing the 10-year fixed-rate Fannie Mae loan for the acquisition of the 21-acre community of Eden Roc was led by Managing Director Zach Koucos and Analyst Bharat Madan.
With 200 home sites, Eden Roc is fully occupied.
Amenities include a clubhouse, fitness center, recreation area, pool, spa, sauna, and children’s playground.
The loan will be serviced by JLL Real Estate Capital, LLC.
“Eden Roc is a great addition to Hometown’s portfolio and fits very well within our investment strategy of acquiring high-quality communities in target markets such as California,” said Matt Sears, Vice President of Hometown America.