The Latigo Group has plans to construct a mixed-use development located in Thousand Oaks, Calif.
Dekel Capital has arranged $59 million in construction financing.
Situated on 3.2 acres, 299 Thousand Oaks will feature 142 class A apartments, 9,820 square feet of ground-floor retail space and parking for 239 vehicles. The four-story property will offer studio, one- and two-bedroom units, with 11 units designated as affordable housing for low-income families. Community amenities will include a 3,000-square-foot fitness center, pool, garden courtyards and open space. Additionally, the project will feature smart technology, including keyless entry and remote thermostat control.