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2000 Broadway The multifamily communities include such landmark assets as 2000 Broadway in Pacific Heights.

SAN FRANCISCO—An approximately $300 million refinancing package has been recently arranged on behalf of Trinity Properties, secured by eight multifamily communities throughout San Francisco totaling 1,154 units. The recapitalization is replacing debt that was previously originated between 2012 and 2013.

The communities include such landmark assets as 2000 Broadway in Pacific Heights, 350 Union atop Russian Hill with unobstructed views of the Bay and Golden Gate Bridge, and Trinity Place II, the second phase of Trinity’s 1,900-unit Mid-Market development. The portfolio is nearly 98% leased and was built between 1955 and 2013. The communities have 24-hour front-door security, bicycle storage and resident lounges.

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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.

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