The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
March 28, 2024
 Search RENTV
   Go!
 The REview
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



HOME PAGE NEWS
Printer-friendly Version   Email an Associate
Downtown San Francisco Res Project Lands $77 Mil in Construction Money

7/17/19

A planned, 109-unit condominium project located in downtown San Francisco is one step closer to getting underway as the developer, Z&L Properties Inc, has secured $76.8 mil in construction money. The development, 1554 Market Street, is a fully-entitled project positioned near the intersection of Market St and Van Ness Ave, directly across from the Van Ness Muni Metro Station in San Francisco’s Hub District.

The transit-oriented development’s prime location has earned it a Walk Score® of 99, a Transit Score of 100 and a Bike Score of 99, and positions it within eight blocks of more than 400 restaurants and bars. Due for completion in 2021, the property will encompass two 12-story buildings connected by a concrete corridor that will house 109 condominium units situated above a ground-floor lobby and 5k sf of retail space as well as a 28-space subterranean parking garage.

Brandon Roth and Charles Halladay with JLL Capital Markets arranged the five-year, floating-rate construction loan with Barings, on behalf of one of its managed accounts.Roth notes that the San Francisco condo market continues to be strong with record pricing achieved in the second quarter of 2019.





Return to the Archive page


 


 


 


 
 



Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2024 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media