Cris Lamas Of Urban Capital Of San Francisco Represents Buyer In $7.25M MultiFamily Sale In San Francisco
860 Geary Street
$7,250,000
Units
41
Asset Type
MultiFamily
Closing
Mar 24, 2025
AI
The property involved in this transaction is a MultiFamily asset located at 860 Geary Street in San Francisco. The sale was finalized on March 24, 2025, for a total price of $7,250,000. The property comprises 41 units, contributing to its multifamily classification in the market.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $7,250,000.00
- Address: 860 Geary Street
- Market: San Francisco
- Units: 41
- Buyer's Representative: Cris Lamas (Urban Capital of San Francisco)
- Seller's Representatives: Sanford G. Skeie (Marcus & Millichap), Gino Franco (Marcus & Millichap)
This transaction highlighted the involvement of notable representatives, specifically Cris Lamas, who represented Urban Capital of San Francisco as the buyer's representative. On the seller's side, the deal was managed by Sanford G. Skeie and Gino Franco, both affiliated with Marcus & Millichap, emphasizing their dual representation in this transaction.
Players
San Francisco MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.19%
Cash-on-Cash
-0.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93