Bay Area housing complex lands key loan despite sour real estate scene

Bay Area housing complex lands key loan despite sour real estate scene

a week ago
Anonymous $6hYC3Wwiad

https://www.siliconvalley.com/2024/04/23/real-estate-house-home-build-real-estate-bay-area-peninsula-millbrae/

MILLBRAE — A big transit-oriented development has landed a crucial loan that will buoy the financial fortunes of a residential complex next to a BART station, the project’s developer said.

Station 16 Apartments, located near the Millbrae BART station, landed financing to replace a previous construction loan for the apartment complex, according to Republic Urban Properties, the developer of the residences.