Merchants Capital Provides $35M Construction Loan For Mixed-use Property On Market Street In San Francisco
1000 Market Street
Summary
The property at 1000 Market Street in San Francisco has recently undergone a closed transaction. The mixed-use asset, which includes both residential and commercial spaces, has been involved in a loan deal.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $35,000,000
- Loan Type: Construction Loan
Merchants Capital, represented by Lee Oiler, provided a loan of $35,000,000 for the property at 1000 Market Street. This loan is specifically a construction loan, indicating that it was likely used to finance renovations or new construction on the mixed-use asset.
The landlord of the property is HomeRise, represented by Rick Aubry. While no additional information about the deal or the individuals involved was provided, this transaction highlights the financial investment made in the property and the support it received from a reputable lender.
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