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Wednesday, November 28, 2012

Mesa Lane Partners launches $500M fund for urban, green, mixed-use projects

SANTA BARBARA, CA:  Following the completion of the LOOP, Mesa Lane Partners launched a $500M fund toward building similar projects in other locations on the South Coast and in other coastal college towns.  Mesa Lane Partners will use their "magic formula" for funky, urban, green buildings and replicate the success of the LOOP in other college communities.  With $50M already seeded in the fund, the developer is currently accepting commitments of $250,000 to $25M from investors for the blind pool. 

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