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Real Estate/Development

May 28, 2003

Equity Financing Closes on North Beach Multifamily Housing

BY TONI VRANJES Special to CREJ SAN FRANCISCO - A new housing development in San Francisco is one step closer to becoming reality. Attorneys closed the equity financing for the development, located in the North Beach area near Fisherman's Wharf. The development - consisting of 341 housing units and some businesses - will replace a run-down, low-income housing project that was torn down last year.

BY TONI VRANJES
Special to CREJ

SAN FRANCISCO - A new housing development in San Francisco is one step closer to becoming reality. Attorneys closed the equity financing for the development, located in the North Beach area near Fisherman's Wharf. The development - consisting of 341 housing units and some businesses - will replace a run-down, low-income housing project that was torn down last year.

The funding came from public and private sources, i...

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