Home Finance PGIM Provides $125MM Floating-Rate Refinance for Hanover’s 377-Unit San Francisco Apartment Community
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PGIM Provides $125MM Floating-Rate Refinance for Hanover’s 377-Unit San Francisco Apartment Community

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Photo by Aubrey Odom on Unsplash
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PGIM has extended $125 million in core floating-rate debt to refinance a 377-unit San Francisco apartment community owned by Houston-based Hanover Company, a loan that appears tied to the developer's Hanover SoMa West and that lands as the city posts the fastest apartment rent growth in the country.

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