OXNARD APARTMENT COMPLEX RECEIVES $10M LOAN

OXNARD, CALIF. — An 80-unit multifamily project in Oxnard has received a $10-million construction loan. The loan features a three-year term, a 5.5 percent interest rate and a 60 percent loan-to-value. The loan was arranged by Jake Roberts and Anita Paryani of Marcus & Millichap Capital Corporation’s West Los Angeles office.