Ballast Acquires Grosvenor Atrium Apartments for $35.5M

Deal Summary

Ballast acquired the 80‑unit Grosvenor Atrium apartments in San Francisco’s Pacific Heights for $35.5 million. The property, built in 1975, was 97 % occupied at closing and sold by an affiliate of Flynn Investments after capital improvements. The deal expands Ballast’s multifamily portfolio in the city.