Parse Capital Announces Closing of a $8.9 Million Mezzanine Investment In Pomona, California Multifamily Development

July 2013 – Parse Capital (“Parse”) announces the closing of a $8.9 million mezzanine investment in the development of Monterey Station (“Project”), a luxury apartment project in Pomona, California. Once complete, the project will consist of 349 market-rate apartment homes in a four-story low-rise multifamily housing community.