Articles Filed Under: RandomRumors

(72 posts)

Symphony Towers Update: Slashing Success And Words On The Street

Contracts were written on 18 of the 20 reduced units in the Turk Street tower of Symphony Towers the weekend before last. The unofficial word on the street is that a construction loan might have motivated the “slashing” (sound familiar?). While an official word is that there are currently... Read More »

The SocketSite Scoop And Rumor Confirmed: Artani Suspending Sales

The SocketSite Scoop And Rumor Confirmed: Artani Suspending Sales

From a reader’s rumor last month, to a plugged-in tipster’s confirmation today: The developer of is temporarily suspending sales and will continue to offer these units as rentals. It will be public information soon enough but I’d appreciate it if you kept my name and email anonymous.... Read More »

Argenta’s Confirmed And Artani’s Rumored, Will 77 Van Ness Be Next?

Argenta’s Confirmed And Artani’s Rumored, Will 77 Van Ness Be Next?

With Argenta (One Polk) on the market as an apartment building, and a reader suggesting that The Artani (818 Van Ness) might just follow suit (in terms of going rental), we’re keeping a close eye on the 56 units at 77 Van Ness (pictured above). Regardless, with Symphony Towers... Read More »

RandomRumors: McGuire Real Estate/Urban Bay Properties In Talks

The Rumor: McGuire Real Estate has purchased Urban Bay Properties. The Reality: They are in talks but a deal has yet to be done (although it’s currently looking more likely than not). The Reason: A chance for the very well capitalized McGuire to add a bit of “youth” and... Read More »

RandomRumors: Calling On That Guy And The Guy He Heard It From

We’ll make some calls to see if we can’t substantiate or bust, but remember debt covenants are nothing new. And for now it’s simply a RandomRumor: Heard some second-hand rumors that many of the newer developments in Soma/Potrero are indeed facing liquidity issues. Supposedly their financing sources are set... Read More »

Agassi’s Ex-Estate In Tiburon: A $20,000,000 Tear-Down?

Agassi’s Ex-Estate In Tiburon: A $20,000,000 Tear-Down?

We can’t confirm any of the details so we’ll just consider it a “RandomRumor” for now, but from a plugged-in reader with respect to Agassi’s ex-estate in Tiburon: The couple who bought this are in the process of tearing it down and putting up what they really want. $20... Read More »

A Less Than Smooth Closing Of Their Own: Financial Title Shuts Down

A Less Than Smooth Closing Of Their Own: Financial Title Shuts Down

According to a plugged-in tipster, Financial Title received a cease and desist order courtesy of the Insurance Commissioner a few hours ago. And while escrows were to be transferred to other title companies for closing, apparently some files have been confiscated which is making it difficult for some parties... Read More »

The SocketSite Scoop On 2542 Fillmore: In A Word, Whoops.

The SocketSite Scoop On 2542 Fillmore: In A Word, Whoops.

Two months ago the reconstructed 2542 Fillmore hit the market with a $4,995,000 price tag, a well received cocktail party and buzz, and an offer date. Shortly after said party, but before the official offer date, a pre-emptive offer arrives: $5,500,000 cash with a five day close. It’s refused... Read More »

RandomRumors: Bono Buys Big Atop One Rincon Hill?

Every so often we receive a rumor/tip that leaves us a little stunned. And while most are busted behind the scenes and never make it onto the site, this one we couldn’t resist: Did Bono buy a penthouse in One Rincon Hill? Can someone verify this? Just really curious/excited... Read More »

Live Like A Rockstar (Just Don’t Spend Like One)

Live Like A Rockstar (Just Don’t Spend Like One)

Third Eye Blind front man Stephen Jenkins’ successfully sold his Pacific Heights mini-manse in 2005. And if our plugged-in tipster is correct, perhaps Third Eye Blind’s ex-bassist should have followed suit as his “European Style Nob Hill Penthouse” is now on the market and in “Preforeclosure” (rumor has it... Read More »