{"id":1004372936,"date":"2019-12-04T14:42:05","date_gmt":"2019-12-04T22:42:05","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004372936"},"modified":"2021-05-15T05:55:52","modified_gmt":"2021-05-15T13:55:52","slug":"san-francisco-mixed-use-building-receives-7m-financing","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/san-francisco-mixed-use-building-receives-7m-financing\/","title":{"rendered":"San Francisco Mixed-Use Building Receives $7M Financing"},"content":{"rendered":"<div id=\"attachment_1004372939\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/620-Commercial-St.png\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004372939\" data-attachment-id=\"1004372939\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/san-francisco-mixed-use-building-receives-7m-financing\/620-commercial-st\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/620-Commercial-St.png\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"620 Commercial St\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;620 Commercial St. Image via Google Maps&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/620-Commercial-St.png?w=800\" loading=\"lazy\" class=\"wp-image-1004372939 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/620-Commercial-St.png\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/620-Commercial-St.png 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/620-Commercial-St.png?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/620-Commercial-St.png?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004372939\" class=\"wp-caption-text\">620 Commercial St. <em>Image via Google Maps<\/em><\/p><\/div>\n<p>Continental Partners has secured $6.6 million in financing for the acquisition of a 10,384-square-foot historic mixed-use asset in San Francisco. Continental&nbsp;<a href=\"https:\/\/www.commercialsearch.com\/news\/qa-the-key-to-competitive-financing-for-retail\/\">President Mitch Paskover<\/a> and Associate Delaney Crawford arranged the bridge loan on behalf of the buyer, M31 Capital. The loan is priced at 30-day LIBOR + 350 with no prepayment penalty.<\/p>\n<p>Situated at 620 Commercial St., the mixed-use property is in San Francisco\u2019s Financial District, less than 3 miles from downtown. The building is located within a 10-minute walk from the Montgomery BART station on Market Street, which enables access to the wider Bay Area. Additionally, the area provides access to several restaurants and cafes, such as City View and Chapel Hill Coffee.<\/p>\n<p>The five-story building encompasses ground floor retail and office space, four additional floors of office space and a storage basement. The buyer plans to renovate each floor and lease the spaces to a new mix of tenants.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>M31 Capital obtained the loan to acquire and renovate a 10,384-square-foot historic building in the Financial District. <\/p>\n","protected":false},"author":871,"featured_media":1004372939,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21825,21752,21742,1609,15],"tags":[34392,34731],"class_list":["post-1004372936","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","category-mixed-use","category-latest","category-san-francisco","category-west","tag-continental-partners","tag-mitch-paskover"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>San Francisco Mixed-Use Building Receives $7M Financing - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/san-francisco-mixed-use-building-receives-7m-financing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"San Francisco Mixed-Use Building Receives $7M Financing\" \/>\n<meta property=\"og:description\" content=\"M31 Capital obtained the loan to acquire and renovate a 10,384-square-foot historic building in the Financial District.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/san-francisco-mixed-use-building-receives-7m-financing\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2019-12-04T22:42:05+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-15T13:55:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/620-Commercial-St.png\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Evelyn Jozsa\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/san-francisco-mixed-use-building-receives-7m-financing\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/san-francisco-mixed-use-building-receives-7m-financing\\\/\"},\"author\":{\"name\":\"Evelyn Jozsa\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/7a1fad8f1e02fa4d8f81f7e9ad21736a\"},\"headline\":\"San Francisco Mixed-Use Building Receives $7M Financing\",\"datePublished\":\"2019-12-04T22:42:05+00:00\",\"dateModified\":\"2021-05-15T13:55:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/san-francisco-mixed-use-building-receives-7m-financing\\\/\"},\"wordCount\":168,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/san-francisco-mixed-use-building-receives-7m-financing\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2019\\\/12\\\/620-Commercial-St.png\",\"keywords\":[\"Continental Partners\",\"Mitch Paskover\"],\"articleSection\":[\"Finance\",\"Mixed Use\",\"News\",\"San Francisco\",\"West\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/san-francisco-mixed-use-building-receives-7m-financing\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/san-francisco-mixed-use-building-receives-7m-financing\\\/\",\"name\":\"San Francisco Mixed-Use Building Receives $7M Financing - 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