Legado Companies Secures $128M Loan for Santa Ana Development

Santa Ana is poised for a transformative addition to its landscape as Legado Companies secures a significant financing milestone for its latest multifamily residential development project. With construction financing now in place, Legado at the Met is set to redefine modern living in the heart of Santa Ana, offering a blend of upscale amenities and contemporary design.

Rendering Courtesy of Legado Companies

The Beverly Hills-based developer has announced the successful procurement of a $128 million loan for Legado at the Met, marking a pivotal step forward in the project's development. Situated at 200 E. First American Way on a currently vacant site, this ambitious venture is slated to introduce a six-story residential building boasting 270 thoughtfully designed apartments.

The development's residential offerings are set to cater to a diverse range of lifestyles, with studio, one-, two-, and three-bedroom dwellings spanning between 600 to 1,800 square feet in size. Each residence is envisioned to blend functionality with style, featuring modern finishes, spacious layouts, and an array of desirable amenities aimed at enhancing the resident experience.

In addition to its well-appointed apartments, Legado at the Met will offer ample parking facilities to accommodate residents' needs. A garage with three subterranean levels and one at-grade level will provide parking for 617 vehicles, ensuring convenient access for residents and visitors alike.

The development's strategic location in Santa Ana positions residents within easy reach of the city's vibrant cultural scene, bustling shopping districts, and diverse dining options. With convenient access to major transportation arteries and nearby amenities, Legado at the Met offers the perfect balance of urban convenience and suburban tranquility.

As construction commences on this exciting project, Legado Companies remains committed to delivering a best-in-class residential experience that exceeds the expectations of Santa Ana residents. With its blend of upscale living spaces, modern amenities, and prime location, Legado at the Met is poised to set a new standard for contemporary living in Southern California's vibrant urban landscape.