TDA Investment Group & AFL-CIO Provide $80M Construction Loan For San Francisco Development Site | 99 Ocean Avenue | TDA Investment Group | Mark Ritchie, Jeff Wilcox, Charlie Kokernak | Development Site | Loan

Summary

Loan

CALIFORNIA

Development Site

1,166 sqft

99 Ocean Ave in San Francisco has secured a construction loan of $80,000,000 from TDA Investment Group and AFL-CIO. The loan terms are set for four years. The development site will consist of 193 units.

Summary of transaction details:

Property Type: Development site
Transaction Amount: $80,000,000
Units: 193
Loan Terms: Four years

Gantry brokers Jeff Wilcox, Charlie Kokernak, and Mark Ritchie represented the buyer/seller/landlord/tenant in this deal

Players

All
5

Agents
3
Agencies
1
Lenders
1

Details

Deal Summary

FINANCED

IMAGE: LOAN IMAGE: Jeff Wilcox, Charlie Kokernak & Mark Ritchie DATE: 02/09/2021 ADDRESS: 99 Ocean Ave MARKET: San Francisco ASSET TYPE: Development site LENDER: TDA Investment Group & AFL-CIO LANDLORD: Presidio Bay Ventures BROKERS: Jeff Wilcox, Charlie Kokernak & Mark Ritchie - Gantry LOAN AMOUNT: $80,000,000 UNITS: 193 LOAN TERMS: four-year

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Address99 Ocean Avenue

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