New Apartment Project in Sunnyvale
A new 75-unit multi-family housing project is planned for downtown Sunnyvale. With $40.7MM in non-recourse construction financing and preferred equity, Lane Partners and Bay West Development are partnering to develop the project.
The 5–story apartment building at 311 S. Mathilda St. will include a landscaped courtyard and roof deck, state-of-the-art fitness center and clubhouse, according the plans submitted by the developers.
Ground breaking is set to occur in the 2nd quarter of 2019.
Keystone Commercial Brokerage serves the needs of commercial real estate investors in the Santa Clara and San Mateo counties, specializing in commercial property, multi-unit residential, office space, and multi-use property. Paul Phangureh has over 16 years of experience in buying and selling in the Santa Clara and San Mateo County areas. Contact Paul at 650-924-2544, or email at [email protected]