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Berkshire Residential gets in on San Francisco’s AI rental boom

Investor pays $134 million former condos as rents keep rising in nation's tech capital
A development of live-work lofts at 673 Brannan St. in San Francisco's SoMa District is part of a portfolio of properties being marketed by their new owner as 'The Grid Collection.' (CoStar)
A development of live-work lofts at 673 Brannan St. in San Francisco's SoMa District is part of a portfolio of properties being marketed by their new owner as 'The Grid Collection.' (CoStar)
CoStar News
April 22, 2026 | 10:27 P.M.

A Boston-based residential investment firm has purchased a portfolio of about 300 apartments in some of San Francisco’s hottest tech enclaves, where the AI boom has created one of the hottest rental markets in the country in recent months.

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