Multifamily news in San Francisco
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San Francisco Multifamily Report – Winter 2021
While the metro's economy has been improving, rates were still down 9.4 percent year-over-year.
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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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Top California Markets for Construction Activity
While deliveries were down 4.9 percent last year nationwide, some metros on this list saw significant upticks in the number of units completed.
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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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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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Sequoia Living Opens East Bay Senior Community
The four-story property in Walnut Creek, Calif. offers nearly 200 independent living, assisted living and memory care 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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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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San Francisco Multifamily Report – Summer 2020
While the U.S. average stayed flat, rates across the Bay Area recorded significant contractions into the third quarter.
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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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BRIDGE Breaks Ground on San Francisco Fully Affordable Project
The 137-unit community is one of the first major projects in the Excelsior District in nearly 25 years.
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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.