{"id":1004374658,"date":"2019-12-10T06:54:30","date_gmt":"2019-12-10T14:54:30","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004374658"},"modified":"2021-05-15T05:58:02","modified_gmt":"2021-05-15T13:58:02","slug":"bay-area-tod-receives-336m-loan","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/bay-area-tod-receives-336m-loan\/","title":{"rendered":"Bay Area TOD Receives $336M Loan"},"content":{"rendered":"<div id=\"attachment_1004371940\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/11\/Gateway-at-Millbrae-Station.-Image-courtesy-of-Republic-Urban-Properties.png\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004371940\" data-attachment-id=\"1004371940\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/principal-jv-to-build-bay-area-tod\/gateway-at-millbrae-station-image-courtesy-of-republic-urban-properties\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/11\/Gateway-at-Millbrae-Station.-Image-courtesy-of-Republic-Urban-Properties.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=\"Gateway at Millbrae Station. Image courtesy of Republic Urban Properties\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Gateway at Millbrae Station. Image courtesy of Republic Urban Properties&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/11\/Gateway-at-Millbrae-Station.-Image-courtesy-of-Republic-Urban-Properties.png?w=800\" loading=\"lazy\" class=\"wp-image-1004371940 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/11\/Gateway-at-Millbrae-Station.-Image-courtesy-of-Republic-Urban-Properties.png\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/11\/Gateway-at-Millbrae-Station.-Image-courtesy-of-Republic-Urban-Properties.png 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/11\/Gateway-at-Millbrae-Station.-Image-courtesy-of-Republic-Urban-Properties.png?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/11\/Gateway-at-Millbrae-Station.-Image-courtesy-of-Republic-Urban-Properties.png?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004371940\" class=\"wp-caption-text\">Gateway at Millbrae Station.<em> Image courtesy of Republic Urban Properties<\/em><\/p><\/div>\n<p>JLL has raised a total of $335.6 million capital for the development of Gateway at Millbrae Station, a mixed-use project in Millbrae, Calif. JLL worked on behalf of the developer, Republic Urban Properties, to arrange joint venture equity from Principal Real Estate Investors and a floating-rate construction loan through U.S. Bank.<\/p>\n<p>Republic Urban Properties announced its <a href=\"https:\/\/www.commercialsearch.com\/news\/principal-jv-to-build-bay-area-tod\/\">partnership with Principal Real Estate Investors<\/a> at the end of November and broke ground on the development last week, on December 4, after six years of seeking approvals from the city and local authorities, according to <em>San Francisco Business Time. <\/em><\/p>\n<p>The transit-oriented development will be located at the Millbrae BART station to assist in developing sustainable transit ridership. Through easy access to public transportation, Gateway at Millbrae Station provides connections to employment centers in Silicon Valley and San Francisco. Scheduled to open during Summer 2022, the mixed-use development will feature office, residential and retail components.<\/p>\n<p>JLL\u2019s Capital Markets equity and debt placement team included Scott Bales, Brandon Roth, Peter Yorck and Nolan Moore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>JLL arranged the joint venture equity and construction loan for the development of Gateway at Millbrae Station, a mixed-use project in Millbrae, Calif. <\/p>\n","protected":false},"author":871,"featured_media":1004371940,"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":[44006,33706,48008,33231],"class_list":["post-1004374658","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","category-mixed-use","category-latest","category-san-francisco","category-west","tag-jll-capital-markets","tag-principal-real-estate-investors","tag-republic-urban-properties-llc","tag-u-s-bank"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bay Area TOD Receives $336M Loan - 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\/bay-area-tod-receives-336m-loan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bay Area TOD Receives $336M Loan\" \/>\n<meta property=\"og:description\" content=\"JLL arranged the joint venture equity and construction loan for the development of Gateway at Millbrae Station, a mixed-use project in Millbrae, Calif.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/bay-area-tod-receives-336m-loan\/\" \/>\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=\"2019-12-10T14:54:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-15T13:58:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/11\/Gateway-at-Millbrae-Station.-Image-courtesy-of-Republic-Urban-Properties.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\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/bay-area-tod-receives-336m-loan\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/bay-area-tod-receives-336m-loan\/\",\"name\":\"Bay Area TOD Receives $336M Loan - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/bay-area-tod-receives-336m-loan\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/bay-area-tod-receives-336m-loan\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/11\/Gateway-at-Millbrae-Station.-Image-courtesy-of-Republic-Urban-Properties.png\",\"datePublished\":\"2019-12-10T14:54:30+00:00\",\"dateModified\":\"2021-05-15T13:58:02+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/7a1fad8f1e02fa4d8f81f7e9ad21736a\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/bay-area-tod-receives-336m-loan\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/bay-area-tod-receives-336m-loan\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/bay-area-tod-receives-336m-loan\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/11\/Gateway-at-Millbrae-Station.-Image-courtesy-of-Republic-Urban-Properties.png\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/11\/Gateway-at-Millbrae-Station.-Image-courtesy-of-Republic-Urban-Properties.png\",\"width\":800,\"height\":620,\"caption\":\"Gateway at Millbrae Station. Image courtesy of Republic Urban Properties\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/bay-area-tod-receives-336m-loan\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bay Area TOD Receives $336M Loan\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/7a1fad8f1e02fa4d8f81f7e9ad21736a\",\"name\":\"Evelyn Jozsa\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Evelyn-Jozsa-1.jpg?w=96\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Evelyn-Jozsa-1.jpg?w=96\",\"caption\":\"Evelyn Jozsa\"},\"description\":\"Evelyn is a creative writer covering commercial real estate trends and insights in the U.S. Evelyn was previously a senior associate editor at Multi-Housing News and Commercial Property Executive. She has an academic background in Journalism and Irish Studies. Evelyn has been covering the CRE industry since 2017. Reach her via email.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/evelynjozsa\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Bay Area TOD Receives $336M Loan - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/bay-area-tod-receives-336m-loan\/","og_locale":"en_US","og_type":"article","og_title":"Bay Area TOD Receives $336M Loan","og_description":"JLL arranged the joint venture equity and construction loan for the development of Gateway at Millbrae Station, a mixed-use project in Millbrae, Calif.","og_url":"https:\/\/www.commercialsearch.com\/news\/bay-area-tod-receives-336m-loan\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2019-12-10T14:54:30+00:00","article_modified_time":"2021-05-15T13:58:02+00:00","og_image":[{"width":800,"height":620,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/11\/Gateway-at-Millbrae-Station.-Image-courtesy-of-Republic-Urban-Properties.png","type":"image\/png"}],"author":"Evelyn Jozsa","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/bay-area-tod-receives-336m-loan\/","url":"https:\/\/www.commercialsearch.com\/news\/bay-area-tod-receives-336m-loan\/","name":"Bay Area TOD Receives $336M Loan - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/bay-area-tod-receives-336m-loan\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/bay-area-tod-receives-336m-loan\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/11\/Gateway-at-Millbrae-Station.-Image-courtesy-of-Republic-Urban-Properties.png","datePublished":"2019-12-10T14:54:30+00:00","dateModified":"2021-05-15T13:58:02+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/7a1fad8f1e02fa4d8f81f7e9ad21736a"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/bay-area-tod-receives-336m-loan\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/bay-area-tod-receives-336m-loan\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/bay-area-tod-receives-336m-loan\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/11\/Gateway-at-Millbrae-Station.-Image-courtesy-of-Republic-Urban-Properties.png","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/11\/Gateway-at-Millbrae-Station.-Image-courtesy-of-Republic-Urban-Properties.png","width":800,"height":620,"caption":"Gateway at Millbrae Station. Image courtesy of Republic Urban Properties"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/bay-area-tod-receives-336m-loan\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Bay Area TOD Receives $336M Loan"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/7a1fad8f1e02fa4d8f81f7e9ad21736a","name":"Evelyn Jozsa","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Evelyn-Jozsa-1.jpg?w=96","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Evelyn-Jozsa-1.jpg?w=96","caption":"Evelyn Jozsa"},"description":"Evelyn is a creative writer covering commercial real estate trends and insights in the U.S. Evelyn was previously a senior associate editor at Multi-Housing News and Commercial Property Executive. She has an academic background in Journalism and Irish Studies. Evelyn has been covering the CRE industry since 2017. Reach her via email.","url":"https:\/\/www.commercialsearch.com\/news\/author\/evelynjozsa\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/11\/Gateway-at-Millbrae-Station.-Image-courtesy-of-Republic-Urban-Properties.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004374658","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/871"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004374658"}],"version-history":[{"count":6,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004374658\/revisions"}],"predecessor-version":[{"id":1004533587,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004374658\/revisions\/1004533587"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004371940"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004374658"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004374658"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004374658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}