Potrero Hill Apartments Fetch One of San Francisco’s Highest Per-Unit Prices
Stockbridge Capital Group has acquired the 172-unit Alta Potrero apartments at 1301 16th St. in San Francisco’s popular Potrero Hill neighborhood for $132 million from developer Wood Partners, the San Francisco Business Times reported. At $767,000 per unit, it’s among the…
Stockbridge Capital Group has acquired the 172-unit Alta Potrero apartments at 1301 16th St. in San Francisco’s popular Potrero Hill neighborhood for $132 million from developer Wood Partners, the San Francisco Business Times reported. At $767,000 per unit, it’s among the…
BELLINGS Intelligence Score: 12
Why it matters
This is a notable real estate transaction reflecting high per-unit pricing in a key San Francisco neighborhood, but it is routine market activity with limited broader credit-market implications.
Sources
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Potrero Hill Apartments Fetch One of San Francisco’s Highest Per-Unit Prices
Stockbridge Capital Group has acquired the 172-unit Alta Potrero apartments at 1301 16th St. in San Francisco’s popular Potrero Hill neighborhood for $132 million from developer Wood Partners, the San Francisco Business Times reported. At $767,000 per unit, it’s among the…