Financing is in place for completion of a high-end apartment project that stalled during the pandemic in Santa Maria, a small city on California's Central Coast where housing costs are rising quickly.
Stalled by Pandemic, Central California Coast Apartment Project Reboots
Local Developer Starts 167-Unit Project in Working-Class City Seeing 20% Rent Increases
CoStar News
April 4, 2022 | 8:37 P.M.
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IN THIS ARTICLE
- Properties
- Bldg 1
3070 Skyway Dr, Santa Maria, CA
- Companies
- Vernon Construction, Inc.
Construction
- Thorofare Capital
Finance and Insurance
- Contacts
- Felix Gutnikov
Principal, Head of Originations, Thorofare Capital