PNC ARCS secures $22.523 million loan

Glendale, CA PNC ARCS, a PNC Real Estate Finance company, arranged $22.523 million in financing for the Hampton Place Apartments, a 132-unit property.

The loan was for a 10-year term/30-year amortization at a rate of 6.12%. The loan was originated by PNC ARCS' Calabasas Hills office through Fannie Mae.