Post Street Towers

Post Street Towers
San Francisco, California

Property Address:
737 Post St.,
San Francisco, CA 94109

BPG was developing a major office building in San Francisco. Rather than pay housing linkage fees, BPG took on the challenge of actually providing the requisite housing which met the goal of the San Francisco Office of Housing Production.

BPG partnered with a local residential developer and Vintage Properties to acquire the land, gain the necessary entitlements, arranged financing, and build the residential units. To facilitate the goals of the city, BPG set aside 20% of the project for low-to-moderate income qualified tenants and obtained attractive tax-exempt low-floater financing.