SAN FRANCISCO—A much-needed rehabilitation is on the way. Crucial funding has been secured for the rehabilitation of three historic Single Resident Occupancy hotels: Hotel Madrid, Park View and Gran Oriente, according to Mission Housing.

All three SROs are located on South Park Street less than a quarter-mile from Oracle Park. The next steps are the construction and temporary relocation of current residents.

"Our mission isn't just to build more homes," said Sam Moss, Mission Housing executive director. "We also work hard to ensure the quality of life for our tenants is the highest available."

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

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.