BUSINESSglobal
Decron Properties Lands $83M Fannie Mae Refi for SoCal Multifamily Complex
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Updated 3 hours ago
First seen March 20, 2026 20:39:00Stay on top of this story
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Quick Summary
Multifamily activity is rare in Southern California’s Simi Valley, but a Los Angeles-based development firm just secured a hefty refinancing package tied to one of its apartment communities in the sleepy enclave. Decron Properties landed $82.9 million in Fannie Mae financing tied to River Ranch Apartments, a 398-unit, garden-style complex at 1518 Patricia Avenue. The […]