The Incredible Shrinking Mission Bay (And Expanding South Beach)
As plugged-in people match the summary prose with the actual new map above, the absorption of most of Mission Bay’s ground zero into South Beach, with a carve out for…
Pacific Union Acquires South Beach Real Estate
As the share of San Francisco sales South of Market picks up, and buyers who traditionally would have only looked north of Market migrate south, so does Pacific Union with…
It’s Game (Back) On For “The Heights At Candlestick”
Stalled out in 2008 as plugged-in people know and knew, work on the 198-unit unit “Heights at Candlestick” development on Jamestown Avenue in Bayview is firing back up under the…
Rest In Peace Walter Shorenstein
“Walter Shorenstein, San Francisco’s pre-eminent real estate developer whose financial largesse made him a power broker in Democratic national politics for decades, has died.” ∙ Street-smart developer shaped S.F. skyline
Tamalpais Bank Falls (Thanks To The Lembis?)
On Friday the California Department of Financial Institutions shut down Tamalpais Bank and named the Federal Deposit Insurance Corporation (FDIC) as Receiver. As a plugged-in tipster notes (and correctly predicted):…
Just Cause Eviction Rights Extension II: Now Just For Foreclosures
The Board of Supervisors postponed a vote on Supervisor Avalos’ amended “just cause” eviction protection legislation yesterday as the Mayoral veto of the original supervisor approved legislation survived. The amended…
Just Cause Or Rather Not: Mayor Newsom Vetoes Legislation
As expected, Mayor Newsom has vetoed Supervisor Avalos’ legislation extending “just cause” eviction rights to non-rent controlled units which was approved by the Board of Supervisors by a 7-4 vote…
A Sensational Modernistic Neo-Classical Six Days On The Market
Listed for $9,250,000 in June 2007 but then withdrawn that November. Listed In May 2008 but then withdrawn that November. Listed for $7,980,000 in February 2009 but then withdrawn three…
FHA Waives Prohibition To Aid Quick Foreclosure Flips
Starting February first, the current prohibition on providing FHA backed loans for properties that have been owned by the seller for less than 90 days will be waived for a…
A Tip Of The Hat To That New MLS Rule: 2140 Jefferson Closes Escrow
As a plugged-in reader notes, the sale of 2140 Jefferson closed escrow today. Originally asking $8,180,000 in September but reduced to $7,400,000 in October, the reported contract price was $6,500,000.…