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
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