Wakeland Acquires Del Sol Apartments
February 1, 2006
Wakeland has acquired Del Sol Apartments, a 90-unit complex in San Ysidro. A comprehensive rehabilitation will get underway in Fall 2006 with completion slated for late 2007. The rehab will encompass substantial landscaping improvements, major upgrades within the units and development of a new community center. The acquisition is being financed by Washington Mutual and Low Income Investment Fund (LIIF). Wakeland will apply for tax credits, tax exempt bonds, Multi-family Housing Program funds and a loan through the San Diego Housing Commission.
Wakeland has acquired Del Sol Apartments, a 90-unit complex in San Ysidro. A comprehensive rehabilitation will get underway in Fall 2006 with completion slated for late 2007. The rehab will encompass substantial landscaping improvements, major upgrades within the units and development of a new community center. The acquisition is being financed by Washington Mutual and Low Income Investment Fund (LIIF). Wakeland will apply for tax credits, tax exempt bonds, Multi-family Housing Program funds and a loan through the San Diego Housing Commission.