OCEANSIDE, CALIF. — JLL Capital Markets has arranged a $5.1 million refinancing for 330 S. Home Street, a 21-unit community in Oceanside, approximately 40 miles north of San Diego. The borrower was a joint venture between Westview Real Estate and Pace Properties. JLL worked on behalf of the borrower to secure the three-year, fixed-rate loan through a regional bank. Chris Collins and Emily Pohlman led the JLL Capital Markets Debt Advisory team.
The property consists of 17 apartments that were built in 1970 and renovated in 2023, as well as four newly constructed accessory dwelling units. The average unit size is 715 square feet. Amenities include a surf shower, secure electric bike parking, grilling area and LA-inspired artwork featured throughout the community.