Home Finance Prometheus Lands $105MM New York Life Refinance for 272-Unit Madrone Apartments in Mountain View
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Prometheus Lands $105MM New York Life Refinance for 272-Unit Madrone Apartments in Mountain View

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Apartment building facade
Photo by Adrien Olichon on Unsplash
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Prometheus Real Estate Group secured a five-year, interest-only $105 million loan from New York Life for its 272-unit Madrone Apartments in Mountain View, a deal underwritten in part on rent from eight two-bedroom accessory dwelling units the owner has yet to build on the property.

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