Northmarq closes sale of Terre at Creekside in Santee, CA
Terre at Creekside
SANTEE, Calif. — Northmarq’s San Diego Multifamily Investment Sales team successfully closed the sale of Terre at Creekside, a 62-unit, value-add, garden-style multifamily property located at 9349-9360 Creekside Ct. in Santee, California.
Tyler Sinks, Ed Rosen and John Chu led the transaction. The seller was Delaware-based 9349-9360 Creekside (CA) LP. The buyer was San Diego-based Carv Properties, LLC. The property was 97% occupied at the time of sale.
Built in 1987, the property features two-bedroom units and boasts convenient access to the 67 freeway — connecting to major San Diego interstates throughout the region. It is located approximately 21 miles from downtown San Diego.
About Northmarq
Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.
