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Investment volume in San Francisco's multifamily market remains high

Falling vacancy and rising rents boost buyer interest
Northwestern Mutual Life Insurance Co. sold this 307-unit multifamily property to Essex Property Trust for $161,375,000, or $525,652 per unit. (CoStar)
Northwestern Mutual Life Insurance Co. sold this 307-unit multifamily property to Essex Property Trust for $161,375,000, or $525,652 per unit. (CoStar)
CoStar Analytics
April 10, 2025 | 4:51 P.M.

The investment sales community laments that persistently high lending costs have dampened sales in San Francisco’s multifamily investment market.

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