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Playing the strategic default card, in March Vornado Realty Trust stopped making payments on the $18 million mortgage which helped finance its purchase of San Francisco’s landmark Cannery at Del…
With 14 percent of all property listings in San Francisco either already bank-owned or seeking a short sale it’s surprising how often we continue to hear of distressed sales dismissed…
Asking $1,025,000 for 310 Townsend #305 in 2007, the 1,238 square foot two-bedroom ended up selling for $850,000 in 2008. Three days ago it closed escrow for a reported $765,000,…
From John King with respect to the proposed 150,000 square foot addition to SFMOMA: The San Francisco Museum of Modern Art has narrowed the list of architects for its $250…
As we wrote this past December: While the bank owned 501 Beale #1D remains active and available, the bank owned #6C just hit the market. A South Beach comp at…
As we wrote in February: Purchased new for $1,007,000 in November 2000, the two-bedroom Brannan condo #10D at 219 Brannan appears to have been flipped four months later for $1,300,000.…
On Friday, five days after a fifty-one thousand dollar reduction, the list price for 722 Steiner was reduced another $210,000. Now asking $3,589,000 for the Shannon-Kavanaugh House (10 percent under…
As we wrote about the Nightingale House in October 2007 when listed for $1,895,000 (a month after being purchased for $1,605,000): It is thought that the Nightingale House at 201…
Referenced by a reader on our post about an under $600 per square foot comp at 235 Berry (dismissed by many as a glitch…), the short sale of 255 Berry…
In February the bank owned Odeon (181 O’Farrell) #508 sold for $530,000, only “2 percent under asking” but 34 percent below its purchase price of $800,000 in 2006. Yesterday the…