SAN FRANCISCO—CBRE Capital Markets' Debt and StructuredFinance team has secured $44.6 million in constructionfinancing for Eviva Mission Bay, a 129-unitmultifamily community located in Mission Bay. BradyO'Donnell of CBRE's Denver office, along withAndrew Behrens and Jesse Weber ofCBRE's San Francisco office, arranged the financing for EvivaMission Bay on behalf of the developer, The IntegralGroup and Argosy Real Estate. Financingwas provided by East West Bank.

Weber tells GlobeSt.com: “Eviva Mission Bay is going to be builton the last remaining parcel available for development in MissionBay along King Street in San Francisco. There is a tremendousamount of demand for housing in this neighborhood and addingadditional housing units will allow the neighborhood to continueits maturity and support for the surrounding businesses in thearea.”

Construction of the building, which is located at 6th and Berrystreets, has commenced. The property is scheduled for completion inthird quarter 2016 and will be comprised of 72 one-bedroom, 53two-bedroom and four three-bedroom units, along with 82 garageparking spaces.

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Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.