News

Presidio Bay Ventures Receives $120M in Construction Financing for Ventana Residences Multifamily Project in San Francisco

Presidio Bay Ventures has received on $120 million in construction financing for the development of Ventana Residences, an apartment community located at 99 Ocean Avenue in San Francisco’s Outer Mission and Excelsior District.  The project is a joint venture between Presidio Bay and American Realty Advisors, TDA Investment Group (TDA) and the AFL-CIO Housing Investment Trust (AFL-CIO HIT) provided the construction financing.

THE AFL-CIO HOUSING INVESTMENT TRUST (HIT)

is an internally managed fixed-income mutual fund focused on high credit quality securities, primarily multifamily mortgage-backed securities (MBS).

CONTACTS:
Media

1227 25th Street, NW
Suite 500
Washington, DC 20037
Phone: 202-331-8055

National Office (Main)

1227 25th Street, NW
Suite 500
Washington, DC 20037
Phone: 202-331-8055