U.S. Census-at-a-Glance Widget

Friday, September 26, 2008

Bond issue for AvalonBay Communities (Contra Costa County) JV with Millennium Partners

from today's California Real Estate Journal In Sites (9/26):

AvalonBay Communities Secures $135 Million Through Bond Allocation

"SAN FRANCISCO - AvalonBay Communities Inc., the developer of a multifamily project in Contra Costa, secured a total of $135 million in bond funds.

The state issued $10 million in tax-exempt multifamily housing revenue bonds, and remarketed $116 million in tax-exempt and $9 million in taxable multifamily housing revenue bonds, proceeds of which will be lent to AvalonBay for the construction of the 422-unit Avalon Walnut Creek at Contra Costa."

for the complete story

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