Cyrus Sanandaji And Deborah Harmon Acquire Multifamily Asset At 1401 Mission Street For $39.75M

The asset involved in the transaction is a multifamily property located at 1401 Mission Street in San Francisco. The building is 95% leased and was acquired for $39.75 million.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $39,750,000
• Buyer: Cyrus Sanandaji - Presidio Bay Ventures
• Buyer: Deborah Harmon - Artemis Real Estate Partners
• Brokers: Fatai Alashe, Matt Kroger & Ryan Wagner - JLL

Presidio Bay Ventures partnered with Artemis Real Estate Partners for the acquisition of the Olume apartment building. JLL facilitated the transaction, and the management of the property will be under Presidio Bay's platform, The Main Post.