$7,590,000 Construction Financing Secured for Multifamily Property in Lakeside, CA
Apr 16, 2026 Bank
Deal Summary
Western Alliance Bank recorded a $7,590,000 construction deed of trust on a multifamily property at 9212 Westhill Road in Lakeside. The loan was executed April 16, 2026 and recorded April 16, 2026 in San Diego County under document 106765 (APN 382-121-05-00). County records list the owner as Robert E Germann.
Get a lender shortlist for a comparable Multifamily property
See which lenders are actively financing multifamily in San Diego, and get a confidential read on proceeds, structure, and pricing for your property. No fee to talk, and nothing is published without your consent.
Transaction Details
- Closing Date
- Apr 16, 2026
- Loan Amount
- $7,590,000
- Loan Type
- Bank
- Loan Purpose
- Construction
- Capital Type
- Senior Debt
- Asset Type
- Multifamily
- Source
- County record
Property
- Address
- 9212 Westhill Rd
- City, State
- Lakeside, CA
- Market
- San Diego
Property Facts
- Lot Size
- 228,254 sq ft (5.24 ac)
- Year Built
- 2000
- Buildings
- 1
- Zoning
- RS
- Subtype
- Multi Family (General)
- Units
- 2
Sale History
Last sold for $1,300,000 on Feb 11, 2026. Prior owner Private party.
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| Apr 16, 2026 | WESTERN ALLIANCE BK | $7,590,000 | Construction Deed Of Trust | |
| Feb 11, 2026 | Private party lender | Deed Of Trust | PRIVATE PARTY LENDER | |
| Apr 1, 1997 | COAST FED'L BK | $129,500 | Deed Of Trust | CONVENTIONAL |
| Sep 9, 1994 | COAST FED'L BK | $110,500 | Deed Of Trust | CONVENTIONAL |
| Oct 21, 1993 | HEADLANDS MTG INC | $157,000 | Deed Of Trust | CONVENTIONAL |
| Mar 10, 1993 | SANTEL CU | $70,000 | Deed Of Trust | CONVENTIONAL |
Recorded mortgage history from county records. Amounts are original recorded principal, not current balances.
Similar Recent Loans
All multifamily loans →Construction · Multifamily · Beverly Hills, CA
View deal →Acquisition · Multifamily · Alhambra, CA
View deal →Construction · Multifamily · Los Angeles, CA
View deal →Financing a similar property?
See what lenders are active on multifamily in California, or request a confidential loan review with Andrew Sawyer, commercial real estate capital markets advisor.
Transaction details are compiled from public announcements, press releases, industry reporting, or information submitted by parties to the transaction, and have not been independently verified by LoanList CRE. Terms shown may be approximate. Nothing on this page constitutes a quote, offer, or guarantee of financing terms. Full disclaimer.