Bradford Square Receives Phase 1 Building Loans

The sum of $4 million in construction financing, backed by $4 million in permanent financing for Phase 1 of Bradford Square Retirement Center in Placentia, has been provided by First Interstate Mortgage Co. .

Located at the southeast corner of Bradford Avenue and Doverfield Drive, the two-story building will encompass 2.49 acres and contain 54,852 square feet.

Completion of Phase 1 is expected in December. The center will be licensed for 120 residents and will feature an interior courtyard area and a large park-like area adjacent to the building, complete with recreation amenities.

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