KIRE Group Receives $13.3M Loan for Refinancing of Multifamily Community Near San Diego

NATIONAL CITY, CALIF. — KIRE Group has received $13.3 million in refinancing for Talas Apartments, a multifamily property located at 2114 E. 7th St. in National City, approximately five miles southeast of San Diego. Built in 2025, Talas Apartments features 48 studio, one- and two-bedroom units with modern finishes, in-unit washers/dryers and private balconies and patios.

Aaron Beck and Bryce Quezada of Northmarq’s San Diego Debt + Equity arranged the financing for the borrower through the firm’s in-house Fannie Mae DUS platform. The permanent fixed-rate loan is structured on a five-year term with full-term interest-only payments.