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Calendar >  Wells Fargo Provides $57.9M Total Financing Wakeland’s Affordable Seniors Housing Community In Vista

Wells Fargo Provides $57.9M Total Financing Wakeland’s Affordable Seniors Housing Community In Vista

By   /  April 19, 2024  /  2 Comments

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Vista Wells Fargo’s Community Lending and Investment (CLI) group provided a total of $57.9 million in financing to Wakeland for the new construction of La Sabila, an affordable housing community located in the San Diego suburb of Vista. CLI provided a $30.5 million construction loan and $27.4 million equity investment.

The project will consist of 85 residential units reserved for low-income seniors (55+). The property will feature on-site management, vehicular parking, community room with computer area and kitchen, laundry facilities, on-site resident services, courtyard/picnic area, and a conference room.

Timothy McCann, Terence Cordero, and Jessica Gonzalez, of CLI arranged the financing.

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  • Published: 1 month ago on April 19, 2024
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  • Last Modified: April 19, 2024 @ 12:12 am
  • Filed Under: Local
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2 Comments

  1. E Schrenk says:

    Does anyone know the address of this housing project?

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