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973 Market Street

Tom Shapiro Of GTIS Partners And Bryan Baskin Of GreyBrick Partners Acquire 67-Unit Multifamily Property In San Francisco
SOLDMultiFamily

Tom Shapiro Of GTIS Partners And Bryan Baskin Of GreyBrick Partners Acquire 67-Unit Multifamily Property In San Francisco

973 Market Street

Building Size

Asset Type

MultiFamily

Closing

Jul 28, 2026

AI

The Wilson is a 67-unit multifamily property located at 973 Market Street in San Francisco, CA. Constructed in 1904, the property was acquired by GTIS Partners and GreyBrick Partners, which signifies their continued strategy of targeting downtown residential assets within the market. The partners plan to implement targeted upgrades and retail improvements as part of the repositioning strategy, focusing on the improving fundamentals of the San Francisco apartment market and the limited housing supply.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: Not specified
  • Units: 67
  • Address: 973 Market Street, San Francisco, CA
  • Market: San Francisco, CA

Tom Shapiro represents GTIS Partners, while Bryan Baskin represents GreyBrick Partners in this transaction. This acquisition marks the ninth venture partnership between these two firms as they continue to enhance their portfolio in the downtown area.

Players

Tom Shapiro

GTIS Partners

Broker

$37.5M

vol

2 deals

Broker

Tom Shapiro

GTIS Partners

Buyer

$37.5M

vol

2 deals

Buyer

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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93