Articles Filed Under: Industry Stuff

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Well, It Really Wasn’t The Seller Who Came Up Short On 12 Auburn…

As we wrote in January: So there’s no deeded parking and Nob Hill, but it is a rather cute little two-bedroom at 12 Auburn that’s just returned to the market after a one-month hiatus, only it’s now listed as a short sale for “$699,000” having been purchased for $700,000... Read More »

Hopefully You Didn’t Step In It At Park Terrace (325 Berry) Before

As we wrote in January 2008 when the sales office at Park Terrace launched a “step-up commission program” targeting buyers’ agents: It’s no longer only the townhomes at Park Terrace which will garner brokers an increased sales commission (which might speak to the strength of sales since our last... Read More »

Department Of Justice Files FHA Fraud Suit Against Deutsche Bank

As a plugged-in reader notes, the United States has filed a civil mortgage fraud lawsuit against Deutsche Bank and its wholly owned subsidiary MortgageIT for falsely certifying loans were eligible for FHA guarantees without conducting the required due diligence. Between 1999 and 2009, MORTGAGEIT was an approved direct endorsement... Read More »

The Now Public Details For The Painful Situation We Posted Last Week

While we didn’t disclose the details last week, the recent buyer of a unit above an S&M enthusiast has decided to go public, perhaps as the reality of our reader’s words of wisdom with respect to litigation has set in. The first third of the buyer’s detailed public plea:... Read More »

55 Laguna Back In Play

55 Laguna Back In Play

While a joint venture between Barker Pacific Group, Luzzatto Co. and Lion Real Estate Group has acquired A.F. Evans $300 million affordable housing portfolio, according to the San Francisco Business Times, Atlanta-based Wood Partners is in negotiations to acquire and revive A.F. Evans Board approved development at 55 Laguna... Read More »

353 San Jose: Poised For Redevelopment (And Planning’s Purview)

353 San Jose: Poised For Redevelopment (And Planning’s Purview)

The proposed demolition of the small single-family home at 353 San Jose and development of a three story, four-unit multifamily dwelling in its place is poised to be formally approved by San Francisco’s Planning Commission this afternoon. Originally heard by the Commission in December, and with a design that... Read More »

Another Listing On Lyon

Another Listing On Lyon

With 33 of its 71 listing photos featuring neighborhood establishments within a one mile radius, it might be a new record. And it might explain such classic listing photo captions as: “Another deli” and “Another picture of the Sundance Theatres.” ∙ Listing: 1407 Lyon Street (4/4) 2,887 sqft –... Read More »

An Amazing Down To The Studs “$75,000” Renovation At 55 Rico Way

An Amazing Down To The Studs “$75,000” Renovation At 55 Rico Way

The down-to-the-studs remodel in 2004 included a horizontal addition, so we’re assuming the single-family Marina home at 55 Rico Way is living larger than the 1,846 finished square feet per public records (the listing doesn’t specify beyond “greatly expanded”). Per the permit, the estimated cost for the down to... Read More »

More Than Meets The Eye Behind The Opposition To 350 Mission?

A plugged-in reader reports with respect to the proposed tower at 350 Mission: Shorenstein via Tom Hart also showed up at the Commission to oppose the project. Some dirty pool going on for sure. ∙ Comments: 350 Mission Appeal Take Two And Telling Board Vote(s) Read More »

It’s A Gas, Gas, Gas In Hayes Valley

It’s not yet listed and its website is still coming soon, but we have the inside scoop on the music video that’s been produced to showcase 457 Oak Street #1. Purchased for $425,000 in October 2008, the one-bedroom TIC is returning to the market asking $429,000 with a new... Read More »