Regions West | San Francisco
Rincon Residential Towers Ready for Occupants
May 6, 2008

Capital Properties said today that the Rincon Residential Towers located in San Francisco's financial disctrict are now ready for occupancy. The two multi-use towers, located at 88 Howard Street, include 320 residential and extended-stay units. Amenities include cable Internet access, maid service, 24-hour doorman, concierge services, on-site parking, and a full-service grocer located on the lobby level. Additionally, Capital Properties  announced the expected launch date of San Francisco's Altavie Suites, a luxury boutique residence concept currently under construction within the Rincon Towers. The 85 premium apartments are scheduled to debut in August 2008.

 
Recent San Francisco Headlines
Boston Properties Closes $375M Financing of Four Embarcadero Center
Using the proceeds to pay down its unsecured line of credit, Boston Properties Inc. has closed on an eight-year, $375 million loan secured by Four Embarcadero Center in San Francisco. The loan was provided by a syndicate of life insurance companies and bears interest at a fixed rate of 6.10 percent annum.
Turnberry Group 24 Joins Turnberry in $300M San Fran Condo High-Rise
Group 24 L.L.C. has become a 50 percent partner with Turnberry Ltd. in the latter’s Turnberry Tower, a $300 million, 40-story luxury residential condo (pictured) in San Francisco’s Rincon Hill district. The project is Turnberry's first venture in California, and this is also the first collaboration between the two companies.s.
Henderson Global Grabs Two San Fran Bay Area Assets
The San Francisco Bay market proves fruitful territory for acquisitions for Henderson Global as the Chicago-based independent investment manager picks up an office property and a multi-family community in a joint venture with Glenborough L.L.C.