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STATION 16 APARTMENTS

Millbrae, CA

Property Type
Loan Type
Loan Purpose
Closing Date
Mixed-Use
Mezzanine
Refinancing
April 2024

Active

Loan Amount
$26,500,000

About

Located in the heart of the San Francisco Peninsula, the property has 320 multifamily units and 13,616 SF of ground-floor retail and is part of the Gateway at Millbrae Station master development plan. The newly constructed property is steps away from the BART and Caltrain stations, and one mile from SFO.

The apartment mix ranges from studio to 3 bed, featuring energy-efficient stainless steel appliances, dishwashers, garbage disposals, in-unit laundry, walk-in closets, and private balconies. Building amenities include a roof deck with a pool and lounge, fitness center, dog park and pet spa, package lockers, garage parking, EV charging stations, bicycle storage and repair, and elevators.

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