Tagged: Fahed Boodai

Gatehouse Bank’s associate realises $71m real estate investment in San Francisco with a 100% return on equity

Gatehouse Bank’s associate realises $71m real estate investment in San Francisco with a 100% return on equity

London-based Gatehouse Bank plc (Gatehouse) has announced that its associate has successfully completed the sale of a real estate investment located in San Francisco’s South Financial District in California. The total amount of the sale reached $71m (£46.4m), which yielded a profit on equity of 100% post costs and taxes. This real estate investment consists of two office buildings situated on a 15,306 sq ft parcel of land and is adjacent to the proposed Transbay Redevelopment Project. Gatehouse Bank and its associate were assisted by Arch Street Capital Advisors, L.L.C. and SKS Investments in this transaction.

Gatehouse Bank seals $54.5m US property investment

Gatehouse Bank seals $54.5m US property investment

Gatehouse Bank delivered successfully a real estate realized investment in the sale of VA Oceanside Clinic for $54.5 million. The medical facility is placed near San Deigo, California, USA.
The statement was given by Fahed Boodai, Chairman of Gatehouse…