SAN FRANCISCO—“We have gotten a lot of volume outside of theCity of San Francisco because that is where the opportunities liefrom the standpoint of multifamily sales volume… There is lots ofcapital chasing product.” That is according to AlexaMizrahi, loan originator of Lone OakFund.
Mizrahi recently spoke with the RealShare Bay Area conference, athe RealShare Conference Series event, which is produced by ALM'sReal Estate Media Group, which also publishes Real EstateForum and GlobeSt.com.
According to Mizrahi, there has also been a resurgence ofconstruction financing in the area, but she stressed that risingconstruction costs as well as rising interest rates were a concern.“But for development in coastal markets, San Francisco, Los Angelesand up and down the coast, we feel confident with the developmentthat is going on. We don't foresee an issue.”
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