North Park Nest

Naturally Affordable Housing Secures $10.1 Million Bridge Financing for San Diego Asset

by Channing Hamilton

SAN DIEGO — Locally-based Naturally Affordable Housing has received $10.1 million in construction takeout financing for North Park Nest, a 39-unit property located at 4233 Kansas St. in San Diego’s North Park neighborhood. The community features a mix of studio and one-bedroom apartments. The average unit size is 486 square feet. Amenities include a rooftop deck with a barbeque and lounge area. Brad Vansant and Ben Choromanski represented the borrower in arranging the short-term, floating rate bridge loan.

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