HFF Arranges $113.5M in Financing for 12-Property Multifamily Portfolio in San Francisco
SAN FRANCISCO — HFF has arranged $113.5 million in financing for a 12-building multifamily portfolio in San Francisco. The borrower is Mosser Capital.
Peter Smyslowski and Bercut Smith of HFF secured the six-year (including extension options), floating-rate loan through an affiliate of Walton Street Capital. The financing includes interest-only payments through the first five years of the term. The planned use of the funding was not disclosed.
The portfolio features a total of 455 residential units and 13 ground-floor retail suites. The properties are located at 775 (36 units) and 1029 (58 units) Geary St.; 17 Decatur St. (eight units); 840 (50 units) and 2360 (21 units) Van Ness Ave.; 245 Leavenworth St. (48 units); 305 Hyde St. (38 units); 347 Eddy St. (40 units); 371 Turk St. (25 units); 575 O’Farrell St. (47 units); 618 Bush St. (38 units); and 891 Post St. (46 units).