Articles Recently Tagged: Below Market Rate (BMR)

(166 posts)
Relaxing BMR Rules At Mission Walk To Compete With Bank-Owned

Relaxing BMR Rules At Mission Walk To Compete With Bank-Owned

Plugged-in people should have seen this coming (others simply scoffed at our noting reductions on BMR re-sales and comparisons of bank-owned and BMR price points). From the Examiner today: Purchasing rules that govern scores of San Francisco Redevelopment Agency condos are being relaxed to help sell the units in... Read More »

Mission Walk (330/335 Berry) Phase 2 Inventory/Application Scoop

Mission Walk (330/335 Berry) Phase 2 Inventory/Application Scoop

Mission Walk will begin accepting applications for 66 below market rate (BMR) condos at 11AM on December 5, 2009. Despite an oversubscribed lottery last year, seven (7) three-bedrooms and fifty-nine (59) two-bedrooms remain available. This time around, “applications will be processed on a first completed-first served basis.” UPDATE (11/25):... Read More »

Mission Walk (330/335 Berry) Prepares To Strut

Mission Walk (330/335 Berry) Prepares To Strut

The newest new development on Berry in Mission Bay, the 131 unit Below Market Rate (BMR) Mission Walk (330/335 Berry) is almost ready for occupancy and walkthroughs. With a lottery which was oversubscribed by a factor of four, unless you applied when we first plugged you in a year... Read More »

What’s Below A BMR?  (To Be Said At Least Two Times Fast)

What’s Below A BMR? (To Be Said At Least Two Times Fast)

A Yerba Buena Lofts (855 Folsom) two-bedroom listed for $399,000. A one-bedroom at the Metropolitan (355 1st) listed for $297,588. Considering both are Below Market Rate (BMR) resales the prices shouldn’t come as any big surprise, the fact that both have been on the market for over four months... Read More »

Mission Walk (330/335 Berry): BMR Applications Now Available

Mission Walk (330/335 Berry): BMR Applications Now Available

It might still be wrapped in scaffolding, but applications are now available for the 131 Below Market Rate (BMR) condos that will compose Mission Walk (330/335 Berry Street). 25 one, 82 two, and 24 three bedroom units priced from $159,474 to $302,735. Qualified buyers will have incomes of up... Read More »

(More) Political Wrangling Over The Development Of Trinity Plaza

(More) Political Wrangling Over The Development Of Trinity Plaza

For decades, developer Angelo Sangiacamo has been trying to re-develop a mid-market plot of land which currently houses the Trinity Plaza apartment building (which he converted from a motor lodge in 1977). Under his latest proposal, 360 outdated units would be razed and replaced with a modern 1,900 unit... Read More »