April 27, 2024
Loans

CBRE secures $35.25M loan for construction of build-to-rent community in Peoria

Commercial real estate firm CBRE has secured a $35.25 million construction loan for Bella Olivia, a 112-unit build-to-rent community in Peoria. Bella Olivia will be located at 9625 W. Olive Ave. in the southwest part of the city. The property is currently under construction and will open this summer, according to a news release. Bruce

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