Keystone Mortgage Arranges $21.3M Refinancing for SALT Oceanside Multifamily Community Near San Diego
OCEANSIDE, CALIF. — Keystone Mortgage has arranged a $21.3 million loan for the refinancing of SALT Oceanside, an apartment property located in downtown Oceanside. Pelican Communities is the borrower. PGIM Real Estate provided the three-year loan, which will be used to refinance the existing construction loan.
The newly constructed SALT Oceanside features 52 apartments and 7,200 square feet of ground-floor retail space.