An article in Friday’s San Francisco Business Times focuses on how lenders are “falling all over themselves to throw money at ”, and characterizes Bay Area condo construction as the “darling of lenders”. Unlike Miami, where an estimated 60,000 units are in the development pipeline, San Francisco... Read More »

Vanguard’s marketing materials describe 1635 California Street as having a “stylish entrance lobby and elevator much like a boutique hotel”. And after making it to yesterday’s open house, we’d say “boutique hotel” fairly characterizes the “36 modern luxury residences” as well. Much like 1725 Washington, these “residences” suffer from... Read More »

A year ago construction began on a multi-unit building at the corner of Post and Masonic Presidio. After nine months workers stopped showing up. And today, the building sits unfinished and off the market (as far as we know). So our question of the day, does anybody know what... Read More »

Add the 10-story office building at 706 Mission St. to the list of “older, smaller office structures snapped up by luxury housing developers” over the past couple of years (others include “the former Chronicle building at 690 Market St.; 333 Grant Ave.; 74 New Montgomery St.; and 201 Sansome... Read More »

No mention of San Francisco in today’s New York Time’s article about the impact of speculators exiting the condo market (“Farewell, Condo Cash-Outs“), but it’s still relevant. And worth a quick read. While investors made up only 9.5 percent of residential mortgages nationally in the 10 months through October,... Read More »

∙ 170 off Third (coming this summer) ∙ 1635 California Street, 30 units ∙ San Francisco Perspective: Condominium Developments Read More »

Five years ago the garment factory at 188 King Street sold for $3.6 million. There used to be a thriving garment factory at this site. When the previous owner retired, he closed the factory and sold the property to real estate speculators, who swiftly demolished the warehouse that housed... Read More »

Come on readers, we’re still trying to answer our last reader request, and now we have another: “Do you know anything about a small new development in South Beach called The Shoreline? It’s on Federal. I can’t find a website or who the developer is or anything!” Anyone have... Read More »

Some brokers’ tour comments for Washington Square West (1725 Washington): “great light, area, and reasonable HOA,” but “little storage space with small rooms and living space”. And despite being advertised as “SOLD” on the pricing sheet, units #2 and #6 have simply been reserved for below market rate (“BMR”)... Read More »