HFF secures USD113.5m financing for San Francisco multi-housing portfolio

HFF has secured USD113.5 million in financing for a 12-property, 455-unit multi-housing portfolio with 13 ground-floor retail suites in San Francisco, California.

The HFF team worked on behalf of the borrower, Mosser Capital (Mosser), to secure the six-year (including extension options), floating-rate loan through an affiliate of Walton Street Capital. The loan included interest-only payments through the first five years of the term.
 
The HFF debt placement team representing the borrower included senior managing director Peter Smyslowski and associate Bercut Smith.
 
“The sound economic fundamentals of this multi-housing portfolio and the San Francisco market attracted a diverse array of domestic and foreign capital providers,” says Smyslowski. “Mosser could not have been more impressed by Walton Street’s expert loan execution.”