Articles Recently Tagged: Foreclosure Auctions

(41 posts)
If You Think You Know Noe Now’s The Time To Tell

If You Think You Know Noe Now’s The Time To Tell

As best we can tell, we’ve got a perfect clean Noe Valley apple on the tree at 113 Valley. And even better, a sale pair that should be relatively year-over-year. Purchased for $1,155,000 in October 2009, the “gorgeous light filled Victorian Home in great Noe location” was just listed... Read More »

San Francisco Bucks CA Foreclosure Trends, But Not In A Good Way

Perhaps not as dangerous as some bad LSD, but there’s some bad data being passed around San Francisco by a brokerage or two with respect to market distress. Or more accurately, the reports appear to be missing the context which would allow one to understand what’s actually happening in... Read More »

1945 Franklin On The Verge Of Being Un-Acquired

1945 Franklin On The Verge Of Being Un-Acquired

As a plugged-in reader notes, the six bedroom home at 1945 Franklin is scheduled to hit the courthouse steps on September 16 with $5,684,086 owed as of August 2009. Purchased in June of 2005 for $3,000,000 with a $2,350,000 first and a $790,000 construction loan second (yes, that’s over... Read More »

351 California Sells At Auction For $35 Million To Stalking Horse Bid

In 2009 Luke Brugnara’s Brugnara Properties lost 351 California to foreclosure. As plugged-in people know, the building had been encumbered with a first mortgage of roughly $33 million and a second of roughly $11 million. Yesterday 351 California sold in a court ordered auction for its stalking horse bid... Read More »

On The Steps Of The San Francisco Courthouse 399 Leland Sells

On The Steps Of The San Francisco Courthouse 399 Leland Sells

While 2550 Webster Street’s date with the courthouse steps was postponed once again (along with two dozen or so other San Francisco properties), and a half-dozen or so properties failed to generate an opening bid, a Visitacion Valley property sold at auction yesterday. Purchased for $720,000 in September 2005,... Read More »

The Eccentric Arden Van Upp Might Be Feeling A Bit Antsy These Days

The Eccentric Arden Van Upp Might Be Feeling A Bit Antsy These Days

With an unpaid loan balance of $1.23M, the landmark Bourn Mansion at 2550 Webster Street was initially set to hit the courthouse steps on July 13. Pushed back a couple of times so far, August 10 is the latest date. As a plugged-in reader reports: night around 10:00... Read More »

SocketSite’s Straight Scoop On The Collapse Of Cubix (766 Harrison)

SocketSite’s Straight Scoop On The Collapse Of Cubix (766 Harrison)

As a plugged-in reader noted this morning, the sales office at Cubix (766 Harrison) never managed to re-organize and re-open and a trustee sale of the unsold condos is scheduled for the courthouse steps this afternoon at 2 p.m. The outstanding developer’s loan balance on the building is $21,050,440.... Read More »

The Bourn Foreclosure (2550 Webster)

The Bourn Foreclosure (2550 Webster)

Two months ago we profiled the Bourn Mansion at 2550 Webster, an unofficial San Francisco landmark with a rich history and a rather eccentric owner. And as a plugged-in reader reports today, “our fabled friend is on the foreclosure block. Set for public sale on 7/13 at 2:00 PM.... Read More »

A Landmark District Seven Mansion Foreclosure (2799 Pacific)

A Landmark District Seven Mansion Foreclosure (2799 Pacific)

Commissioned by Dr. C. N. Ellinwood in 1893, 2799 Pacific was designed by Eugene Freeman and its 28 rooms, 14 fireplaces and glass domed center hallway were finished in 1894. And the Ellinwood residence is San Francisco Landmark #207. As a number of plugged-in people noted last month, 2799... Read More »

Brugnara Properties Headquarters Headed For Foreclosure?

From a plugged-in tipster today: 351 California is one of the Dollar buildings (forgot which one), later the Pacific Bank Building, and currently the HQ Brugnara Properties. Luke Brugnara is one of the most storied characters in the commercial real estate scene. The building is scheduled for the... Read More »