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Transactions - SEPTEMBER 10, 2021

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TTLC JV to develop townhome and condominium project in East Bay, Calif.

by Released

The True Life Companies (TTLC), a San Francisco Bay Area developer, in partnership with Hillwood has plans to develop townhome and condominium project in Hayward, Calif.

Recently, Madison Realty Capital provided a $105 million phased construction loan for the project.

Known as SoMi, the multi-phased project will include 123 townhomes consisting of three- and four-bedroom units and 66 residential condominiums consisting of two- and three-bedroom units, nearly one-third of which will be affordable. Located within walking distance to the South Hayward BART station and proximity to Highway 95, the property offers an easy commute throughout the San Francisco Bay Area.

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