PROVIDENCE – Citizens Financial Group Inc. recently financed a $98.7 million loan for a California housing project.
The loan to Hanover Co., based in Houston, Texas, will help pay for the construction of a six-story, 309-unit multifamily building in Laguna Niguel, Calif.
Citizens through its commercial real estate team served as joint lead arranger and administrative agent for the loan.
Nancy Lavin is a PBN staff writer. You may reach her at Lavin@PBN.com.