REAL ESTATE DEVELOPMENT

Walnut Windmere Apartments

 
 
 

The Walnut Windmere Apartments in Davis, CA is a Scattered Site three property renovation owned by CHOC refinanced with 4% Tax Credits and PBV. The project renovations included updating building envelope, interior accessible units, new energy equipment conservation and property site improvements. The project is nearing completion with permanent loan closing scheduled for May 2021.

 

Development Schedule:

  1. Permits: Approved Feb. 2019

  2. Re-Financing: 4% Tax Credits and PBV

  3. Tax Credit Award: April 2019

  4. Total Renovation Costs: $18 Million

  5. Construction Start: Oct. 2019

  6. Occupancy: Dec. 2020

For questions or more information on this project, please email info@chochousing.com.