Multifamily news in Deals - San Francisco
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Catalyst, CalCHA Acquire 2 California Communities for $231M
The partnership will convert nearly 600 units into rent-restricted apartments for middle-income households.
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Panoramic Interests Secures $104M Refi for San Francisco Property
JLL arranged the loan for a micro-unit community in the Western Mission/SOMA neighborhood.
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Walker & Dunlop Secures $86M Financing for Senior Housing Communities
The company arranged two loans for properties in Palo Alto, Calif., and Honolulu.
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Facebook Commits $150M to Bay Area Affordable Housing
The company is targeting 2026 to complete distribution of the fund, which is expected to support the creation of at least 2,000 affordable units.
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Alliant Capital Closes Investment in California Affordable Projects
The new communities in Contra Costa and Santa Rosa counties are targeting Northern California’s acute affordable housing shortage.
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Affordable Housing JV Pays $72M for California Community
The fully affordable senior property once served as housing for the California School for the Deaf and Blind.
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Bay Area Community Trades for $23M
Colliers International represented the seller, Pierron Properties, in the transaction with MC Investment Partners.
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DM Development Completes $120M Condo Project
Union House, a $120 million community in San Francisco, is now 30 percent sold and has welcomed its first move-ins.
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PGIM Real Estate Arranges $482M West Coast Refi
The Fannie Mae credit facilities involve six apartment properties in the San Francisco Bay area and Seattle.
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Trion Properties Purchases Bay Area Community for $21M
The deal marks the first time the property was made available for sale since being built in 1969.
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Northern California Office Park Begins Multifamily Conversion
The under-utilized office complex known as Waters Technology Park will be redeveloped into four neighborhoods in San Mateo.
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Greystone Arranges Refi for San Francisco-Area Community
The Fannie Mae loan refinances two existing loans on the property in Sausalito, Calif.
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Forge JV Begins San Francisco Adaptive Reuse Project
In partnership with Fifth Church of Christ, Scientist, the developer will convert a church project into a mixed-use community.
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Decron Properties Expands in California
The company paid $71.5 million for a 188-unit community located in Fremont.
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East Bay Value-Add Property Trades for $27M
HomeStreet Bank originated more than $17 million in acquisition financing for the 102-unit community.