Fannie Mae’s Sabre-Rattling In Response To Rising Strategic Defaults
From Fannie Mae today: Defaulting borrowers who walk-away and had the capacity to pay or did not complete a workout alternative in good faith will be ineligible for a new…
Budget and Finance Committee Kills Condo Lottery Bypass For A Fee
By way of a plugged-in tipster and Supervisor Carmen Chu, San Francisco’s Budget and Finance Committee “voted 3-1 on Monday to table/not to advance the proposal forward. Unless the Budget…
Real Estate Related June 8 Election Results: F Fails, G And 13 Pass
With a voter turnout of 23.35% and 104,616 ballots cast in San Francisco, Measure F (rent increase postponements due to financial hardship) has failed with 56.83% voting no while Measure…
555 Washington’s EIR Certification Reversed
The San Francisco Board of Supervisors has upheld the appeal of the San Francisco Planning Department’s certification of the Environmental Impact Report (EIR) for the 555 Washington project voting 10…
HSR: Beale Street Alternative Rejected, Transbay Recomended
Breath a little easier Watermark and Baycrest owners, and Transbay proponents cheer, as a plugged-in tipster notes the California High Speed Rail Authority has rejected the Beale Street Alternative (Option…
One Hawthorne: The SocketSite Straight Scoop (And Sales Update)
While One Hawthorne‘s website has been live since last October (to which floor plans for the first seven floors have since been added), and the onsite sales office has been…
A One Time Fire Sale To Address An Ongoing Budgetary Problem
From Guardians of The City with respect to old Engine Company No. 16 at 909 Tennessee: City Architect John Reid Jr. designed this two-story brick structure to replace the original…
Flipping A Few Lembi Properties Through Foreclosure
A plugged-in tipster reports: Coastal Capital of Sausalito, which bought a portfolio of loans secured by Lembi properties, foreclosed on the properties . Coastal reportedly paid $24.1 million (64% of…
San Francisco’s 2010 Condominium Conversion Lottery Results
San Francisco’s 2010 Condo Conversion Lottery Winners List As promised and originally reported, certified results for San Francisco’s 2010 Condo Conversion Lottery are now online with the winners embeded above…
It’s Golden Ticket Day For 200 Condo Conversions In San Francisco
As plugged-in people know (and numerous readers were sure to remind us), San Francisco’s 2010 condominium conversion lottery kicked off this morning. According to our sources a total of 2,170…