Pacific Development and PGIM Real Estate Land $97 Million Construction Loan for Landmark Mixed-Housing Project in Santa Rosa
Today, Pacific Development – a prominent, west coast-focused real estate investment and development firm – and its institutional investment partner PGIM Real Estate, announced that they have secured a $97 million construction loan – from Comerica Bank, California Bank & Trust, and First Hawaiian Bank – to bring their latest multifamily and mixed-housing project to life in Santa Rosa, Calif.
