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May 18, 2018  

Financing Set for SF Student Housing

CapitalSource has originated an $82.3 million construction loan package for a San Francisco student-housing project.Local firm Panoramic Interests will use the proceeds to finance development of a 200-unit complex at 333 Twelfth Street, in the South of Market neighborhood. CapitalSource, a division of Pacific Western Bank, originated the floating-rate loan last month. It has a three-year term and a pair of one-year extension options.The...

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