The Hines affiliate paid $57 million for the apartment complex, which is located at 1380 North California Boulevard in Walnut Creek.
It appears Rescore managed to recoup its basic investment in the property, as evidenced by a review of multiple county documents.
The $57 million that the Hines affiliate paid for The Rise would more than cover Rescore's combined $47.3 million in costs to buy the McDonald's restaurant site and pay off the construction loan's original amount.
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