One of the assets in the 12-property portfolio was 245 Leavenworth with 48 units.
SAN FRANCISCO—A 12-property 455-unit multifamily portfolio with 13 ground-floor retail suites just received $113.5 million in financing. The borrower was Mosser Capital.
The financing was a six-year (including extension options) floating-rate loan through an affiliate of Walton Street Capital LLC. The loan included interest-only payments through the first five years of the term.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
