Photo: Luke van Zyl / Unsplash. Illustrative stock photograph; not a property or company discussed in this article. A lender took these San Francisco apartments back in 2024. A new owner just paid $440 million for most of them. Fort Point Real Estate Partners bought 59 residential buildings with 928 units for about $440 million, The Real Deal reported, citing the San Francisco Business Times. That’s roughly $474,000 per apartment. The buildings sit in Pacific Heights, Russian Hill, the Marina,…
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RBC Took These San Francisco Apartments Back. Fort Point Just Paid $440 Million for Most of Them.
Fort Point reportedly buys 59 San Francisco apartment buildings with 928 units for about $440 million from a portfolio previously taken back by Royal Bank of Canada.
