A Concept, Revocation And Consequences For 48 Tehama
A tenant at 543 Howard which is scheduled for foreclosure tomorrow, BAR Architects once sketched a concept for a 19-story mix-use building to rise at 48 Tehama, the approved office…
The San Francisco Foreclosure Rigging Four
Among eight Northern California real estate investors who have pleaded guilty to rigging public foreclosure auctions are Laith Salma, Patrick Campion, Keith Goodman and Craig Lipton, all of San Francisco.…
How To Acquire “Free” Money: Borrow, Then Don’t Pay It Back…
Speaking of “free” foreclosure living in San Francisco, it was a year ago that we first wrote about 1945 Franklin, the six bedroom Pacific Heights home whose previous owners have…
It’s Back to the Bank (And Hopefully Drawing Boards) for 524 Howard
As plugged-in people know, the parking lot at 524 Howard has been facing foreclosure with an estimated $23,038,931 owed. The site was approved for development twenty-two years ago, the rights…
Psst! It’s Now Bank-Owned (And The Other Is In Default)
Purchased for $1,329,000 in March 2008 with $140,800 (11%) down and currently listed as “Active” on the MLS with a list price of $1,385,000, last week the Noe Valley home…
$70M St. Regis Penthouse Goes Back To The Bank And Drops To $35M
Purchased for roughly $30,000,000 as a raw shell in 2005 by local real estate developer Victor MacFarlane, listed for $70,000,000 in 2008, and last asking $49,000,000 having finished an uberexpensive…
Two Years Later And The Bank Gets Its Mansion Back
As we wrote about the mansion at the corner of Pacific and Divisadero back in June 2009: Commissioned by Dr. C. N. Ellinwood in 1893, 2799 Pacific was designed by…
Local Lenders Take Note
As we first reported in February: 2760 Sacramento #6 is a Below Market Rate (BMR) one-bedroom condo in Pacific heights which was purchased for $211,500 in February 2003 with restrictions…
Cohen’s The Bank’s Candlestick Point Condo Closes Escrow
The bank-owned resale of the Candlestick Point two-bedroom condo that newly elected San Francisco Supervisor Malia Cohen purchased for $581,500 in December 2006 before letting the bank foreclose (“It was…
A Quick Curb A-Peel Change For A Weathered Wooden Facade
Three days ago the foreclosed upon 2523 Steiner hit the market and we promptly featured the property and its façade, the condition of which drew a few comments. Today, a…