Affordable Housing - San Francisco
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Walker & Dunlop Arranges $16M Loan for Affordable CA Asset
Bridge Housing is building a 68-unit property in San Mateo, dubbed Bay Meadows Apartments, that is scheduled for completion in June 2020.
02 April 2019 13:36 -
Reliant Group Pays $116M for Bay Area Portfolio
The deal includes more than 600 workforce housing units spread across seven properties. The new owner plans to convert four of the assets into affordable housing communities.
15 March 2019 13:53 -
83-Unit Affordable Housing Project Opens in San Francisco
After a decade in the making, 1036 Mission Street welcomed its first residents. Tenderloin Neighborhood Development Corp. is the building’s owner, developer, service provider and property manager.
14 March 2019 12:31 -
The Answer to the Bay Area’s Affordable Housing Crisis
Enterprise Community Partners’ Rich Gross and Kaiser Permanente’s Bechara Choucair talk about their joint projects. The two companies launched a $100 million loan fund to create and preserve multifamily rentals.
21 February 2019 14:56 -
California Expands Affordable Housing Finance Incentives
The new program aims to incentivize affordable housing development for residents with a mix of incomes.
07 February 2019 15:22 -
NorCal Apartments Change Hands
Burbank Housing Development purchased the 56-unit Class C community for $15 million. Two lenders facilitated the transaction with acquisition and development financing.
06 February 2019 08:12 -
$500M Fund Targets Bay Area Affordable Housing Shortage
A consortium of leading Bay Area philanthropy, business and community advocates—including the organization co-founded by Facebook's CEO—is launching one of the largest housing investment funds in the U.S.
28 January 2019 10:12 -
Suburban San Francisco Community Refinances
Ravello Holdings completed work on the 128-unit luxury property in June. The new, $42 million financing package retires a nearly $30 million construction loan.
02 November 2018 13:30 -
Bellwether Enterprise Secures $21M for SF Affordable Housing Portfolio
The five properties, which include 370 units, received a Freddie Mac Freddie Mac Targeted Affordable Housing Preservation Loan that will go toward deferred maintenance to allow for safe affordable housing in high-cost markets for the long term.
27 September 2018 18:33 -
R.D. Olson Construction Completes Affordable Project in CA
In addition to the 37-unit Citrine Apartments, the company also finished building Hotel Trio, a 122-key property that is located adjacent to the community.
26 September 2018 18:33 -
Related Breaks Ground on SF Property
The 299-unit project, known as 1601 Mariposa, will include 60 affordable apartments and more than 9,400 square feet of street-level retail.
25 July 2018 15:49 -
SF Affordable Property Lands Refi
The new loan, provided by JPMorgan Chase, pays down $11.3 million in construction financing provided by the city in 2001.
23 July 2018 13:29 -
Are ADUs the Answer to San Francisco’s Affordable Housing Crisis?
While the Bay Area is often referred to as the heart of unaffordability, San Francisco has been working to provide more cost-effective housing by making the planning, permitting and building processes for accessory dwelling units easier.
25 April 2018 15:19 -
CapitalSource Provides Construction Loan for CA Asset
The Nexus will offer 70 units and 238 beds, including a few affordable apartments. The community is in close proximity to University of California, Berkeley's main campus.
09 November 2017 14:52 -
Bay Area Senior Living to Break Ground
Embarking on a five-year, multi-phase project, Wilson Investment Properties will build Paradise Value Estates, a 140-unit assisted living community in Fairfield, Calif.
19 October 2017 16:07