Purchased for $3.195 million in June of 2016, the 1,791-square-foot, three-bedroom, three-bath unit #30E in the LUMINA tower at 338 Main Street failed to resell when listed for only 3 percent more ($3.295 million) last May, after which is was listed for rent at $10,000 per month. For those... Read More »

As we originally outlined back in the third quarter of 2015: Purchased for $700,000 in 2012, or roughly $1,150 per square foot, the one-bedroom One Rincon Hill condo #4404 was listed as a rental for $3,800 in mid-2014 and actually rented for $3,750 per month, which included valet parking... Read More »

Purchased for $1,550,000 in early 2008, the 1,317-square-foot unit #23D at 301 Main Street, a “signature” two-bedroom unit with Bay Bridge and water views in the first tower of the Infinity, was offered for rent at $6,500 a month in June of 2013, an effective CAP Rate (ROA) of... Read More »

$6.49 billion of Bay Area commercial real estate, defined as properties valued at over $5 million apiece, traded hands in the third quarter of 2015, down 5.7 percent from $6.88 billion in the third quarter of 2014 and a 20-ish percent drop in dollar volume from the second quarter... Read More »

Purchased for $700,000 in 2012, or roughly $1,150 per square foot, the one-bedroom One Rincon Hill condo #4404 was listed as a rental for $3,800 in mid-2014 and actually rented for $3,750 per month, which included valet parking along with the unobstructed views. With monthly HOA dues of $724... Read More »