Preferred Equity Investment
11 URBAN TOWNHOMES
McKinley committed $2.6MM in preferred equity to fund the land acquisition and horizontal and vertical construction of this infill project. Sponsored by The Address Company, these 11 townhomes are within walking distance to Walnut Creek downtown, a highly desired suburb of the Bay Area. The short walk to Broadway Plaza, downtown shops and restaurants, and close proximity to Highway 24, which takes commuters directly to greater San Francisco, make this project’s location ideal for Bay Area workers seeking a more quaint, suburban home life. The townhomes range from 1,590-2,030SF with 3 bedrooms and 2-car garages. Selling in the lower-mid millions, these residences were amongst very few new homes offered in Walnut Creek. Analisa sold out in March 2020.