Värde Partners Provides $105 Million Refinancing for Artisan Crossing in Belmont, California

BELMONT, CALIF. — Värde Partners has provided $105 million in construction takeout refinancing for Artisan Crossing, a 250-unit asset in Belmont, 23 miles south of San Francisco. Chris Gandy and Tom Gilliland of JLL arranged the loan, which features a three-year initial term with two one-year extension options. The borrower was Windy Hill Property Ventures.

Artisan Crossing was recently completed in 2023, according to Apartments.com. The property offers amenities such as a fitness center, pool, dog spa, clubroom with rooftop deck, conference room, work pods and underground parking.