Ventana al Sur

Overview

Deal Type Construction
Size $49.3 Million
New Construction of Seniors Housing

Summary

Ventana al Sur is a new construction, affordable seniors housing community scheduled for development in the San Ysidro Historic Village District, California. The property will include 100 one- and two-bedroom apartments for seniors 62 and over with 20-50% of area median income, with 25 units reserved for seniors experiencing chronic homelessness, supported by vouchers from San Diego Housing Commission (SDHC). Unhoused seniors will be referred through the County’s Coordinated Entry System, with supportive services provided from on-site offices by Father Joe’s, one of the largest such providers in San Diego. Services include case management, health and wellness, access to financial and other resources, household stability, aging in place, and eviction prevention. Amenities include easy access to shopping, community center, community clinic and transit.

The project receives $49.3 million of construction financing from KeyBank, $4.4 million from SDHC, $5 million from San Diego Economic Development, $20 million from California State Multifamily Housing Program and $30.4 million from California Housing Accelerator funds as part of the state’s efforts to address areas in greatest need of affordable housing.

Recent Deals

February 2023

talos energy inc 

$1.5 Billion

Senior Secured Credit Facility

Issuing Bank
Joint Lead Arranger
Joint Bookrunner
Co-Syndication Agent

talos-energy-inc
February 2023

talos energy

has acquired

enven energy 

$1.1 Billion

Buy-Side Advisor

talosenergy-inc
February 2023

Nextracker 

$734 Million

Initial Public Offering

Joint Bookrunner

nextracker-inc
February 2023

sitio royalties corp 

$1.5 Billion

Senior Secured Credit Facility

Joint Lead Arranger
Joint Bookrunner

sitio-royalties-corp
February 2023

Amp

has been acquired by

Fiera Infrastructure

and

Palisade

Exclusive Sell-Side Advisor

amp-us
January 2023

a portfolio company of

Crestview 

Senior Secured Credit Facilities

Joint Lead Arranger
Joint Bookrunner

atc-drivetrain
January 2023

a portfolio company of

has been acquired by

Exclusive Sell-Side Advisor

hasa-inc
December 2022

Poseidon

$600 Million

Senior Secured Credit Facilities

Coordinating Lead Arranger
Administrative Agent

sunrun-poseidon
December 2022

a portfolio company of

has been acquired by

 

$1 Billion

Sell-Side Advisor

scout-clean-energy
December 2022

amplify energy 

$1 Billion

Senior Secured Credit Facility

Administrative Agent

amplify-energy-corp
December 2022

Woodcreek

$32.16 Million

Acquisition

woodcreek
December 2022

 

Casa Del Mar

$53.24 Million

Refinance

casa-del-mar

Connect With Us

Find an Expert