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218-unit apartment development planned for Santa Ana
A two-building, 218-unit apartment development is being planned for an Opportunity Zone in the heart of Orange County.
EJF Capital and Toll Brothers Inc, (NYSE: TOL), through its Toll Brothers Apartment Living (TBAL) division, have formed a joint venture to develop the Rafferty in Santa Ana.
The joint venture between EJF OpZone Fund ILP and TBAL will develop two land parcels, totaling about 1.44 acres, into two mixed-use buildings with 12,350 square feet of ground-floor retail in addition to the…
Source: Arizona Business Journal