Sudberry Properties has obtained nearly $60 million in construction financing for Circa 37, an apartment complex that will be the first element at the larger mixed-use Civita development in Mission Valley.

Sudberry Properties has obtained nearly $60 million in construction financing for Circa 37, an apartment complex that will be the first element at the larger mixed-use Civita development in Mission Valley.

The latest quarterly distress report from brokerage and consulting firm Atlas Hospitality Group finds many California hotels still suffering debt hangovers stemming from the Great Recession, even though overall hotel business has been on the upswing for much of the past year...

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