Coming Soon: “Strata At Mission Bay” (A.K.A. 555 Mission Rock)
The Mission Bay new development previously known as 555 Mission Rock has been branded “Strata at Mission Bay.” The 192 new units of rental inventory will be coming online in…
123 Laidley: Same Sales Flair Now Available For Rent (And Analysis)
As a plugged-in reader points out, the Jeremy Kotas re-designed 123 Laidley has gone the rental route. Now asking a “PRICE REDUCED” $5,550 per month. And now that we have…
Marcus & Millichap San Francisco Rental Outlook (And Quick Rebuttal)
The Marcus & Millichap rental outlook for 2009 in San Francisco: rents up 3.3% on 400 new units in professionally managed apartment buildings with at least 20 units. Our comment…
Cash Flows Catch Up To The Lembi Group
Over the past two weeks 51 San Francisco apartment buildings which had been acquired by the Lembi Group were deeded back to the bank in lieu of foreclosure. The bundle…
One Rincon Hill (425 First Street): Rental Market Stumbling As Well?
Following in the footsteps of its “massive price reduction!!!” in December (originally asking $1,399,000, currently asking $999,900), the asking rent for 425 1st Street #1802 has been reduced to $4,200…
Rent Kirk Hammett’s Mansion For $1,555 A Month (Split Nine Ways)
Last listed for sale at $9,500,000 before being withdrawn, Kirk Hammett’s recently remodeled mansion atop Pacific Heights (2505 Divisadero) is now being offered for rent at $14,000 a month. Yes,…
The Relative Value Of Two High-Rise Rentals Around $12,000 A Month
A mid-floor three bedroom, three bath at the St. Regis with a view of One Rincon asking $11,950 a month. Or a high-floor two bedroom, two bath at One Rincon…
313 Duncan: Going The Rental Route (But Still Available For Sale)
After two months on the market 313 Duncan remains available for purchase and seeking $2,850,000, but the developer is now testing the rental waters as well. Asking $15,000 per month…
JustQuotes: Just Because It’s Foreclosed Upon Is Not Just Cause
“Tenants in rent-controlled buildings in San Francisco are protected by the need for a ‘just cause’ for eviction,” said Darlene Wolf, executive director of the rent board. “And foreclosure is…
1018-1020 Pine Street: Eight Contemporary Condos Apartments
As we wrote three months ago: As far as we know, 1018-1020 Pine Street is slated to be eight units (condos) with seven (possibly eight) parking spaces. In terms of…