Multifamily news in Market Rate Housing - San Francisco
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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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Presidio Bay Ventures Scores $120M for San Francisco Project
The AFL-CIO Housing Investment Trust provided the senior construction loan for the mixed-income development.
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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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CIM Group Completes Oakland Project
The new property includes 288 units and 4,000 square feet of retail space in the city's downtown.
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Suffolk Breaks Ground on San Francisco Mixed-Use Project
The first phase of the development is expected to be completed in early 2022 and will include market-rate and supportive housing units.
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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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San Francisco Mixed-Use Project Lands $22M Refi
Located three blocks from the global headquarters of Twitter and Uber, the project includes 42 micro units, first floor retail and a full level of office space.
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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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East Bay Value-Add Property Trades for $27M
HomeStreet Bank originated more than $17 million in acquisition financing for the 102-unit community.
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Bay Area Community Receives $35M Loan
The 10-year Fannie Mae financing will retire existing debt at the 144-unit Valley Plaza Village Apartments.
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Colliers Closes Bay Area Portfolio Sale
Executive Vice Presidents Ryan Wagner and Brandon Geraldo represented the seller and procured the buyers.
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Levin Johnston Arranges Bay Area 1031 Exchange
Adam Levin and Robert Johnston facilitated the sale of an 18-unit community in San Jose, Calif., and the acquisition of a 15-unit asset in San Carlos, Calif.