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Fortress Investment Group buys 22-unit San Francisco apartment building

Private investor sells multifamily property in Russian Hill neighborhood
It's not just the hill that's steep: The building at 1048 Union St. sold for $9.45 million, just under $430,000 per unit. (CoStar)
It's not just the hill that's steep: The building at 1048 Union St. sold for $9.45 million, just under $430,000 per unit. (CoStar)
By Jacob Reed
CoStar Research
May 13, 2025 | 4:05 P.M.

Fortress Investment Group, a New York-based investment management firm, acquired a 22-unit apartment building in San Francisco's Russian Hill neighborhood from a private investor for $9.45 million, or $429,545 per unit, in April.

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