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California: Goldmine Condominiums
85 Ora Way #106E - San Francisco

Gross Building Size: 204 units in eight buildings

Investment History: Seagate acquired this attractive apartment complex located in the Twin Peaks neighborhood of San Francisco with the intention of converting the individual units to condominiums. Seagate obtained all necessary local and state governmental approvals to allow conversion of the complex to condominiums. The project represents the largest condominium conversion ever completed in the City of San Francisco. The success of the project was evidenced by the sale of 100% of the units available within 18 months of receipt of final approvals.

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