California CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


California  + Bay Area  + Apartments  | 

More Affordable Multifamily Proposed for Tenderloin

More affordable multifamily housing is being proposed for the Tenderloin neighborhood. Mosser Capital Management is looking to build a new 11-story apartment building in the area at a cost of $21 million.

The project, on a current parking lot, would have 70 rental units totaling just over 48,000 square feet. It would also have room for a small retail space. Mosser already owns a 112-unit building next door.

Units would be about 350 square feet and exact pricing has not been determined yet by the firm. The facility would be considered group housing. Individual apartments in these development don’t usually have full kitchens, but often offer common areas for dining and socializing.


Inside The Story

Read More at San Francisco Business Times

About Connect CRE

  • ◦Development
New call-to-action
New call-to-action
New call-to-action