CBRE Provides Fannie Mae Refinancing for 126-Unit Community in Sacramento

SACRAMENTO, Calif. — CBRE has provided the refinancing of Campus Commons, a 126-unit independent living community in Sacramento. The amount of the loan was not disclosed.

Kevin Randles of CBRE’s Debt and Structured Finance office in Sacramento and Aron Will of CBRE National Senior Housing arranged the transaction through the company’s Fannie Mae DUS multifamily loan origination program. 

The borrower is Ray Stone Inc., which has owned and operated the property since 1991.