NNN Brokers USA – San Francisco Commercial Real Estate Brokers: "The Scoop"

As we reported with respect to the landmark Bourn Mansion (2550 Webster) via a plugged-in tipster a week ago: …[they] had to find a trustee for Chapter 11 so all previous bids were thrown out. Now the trustee has…

Purchased for $562,000 in April 2004 but then “completely renovated [with] extensive high quality and designer touches throughout this charming house,” 6521 California returned to the market just three months later asking $888,000. It closed escrow in August 2004…

“[U.S. existing home] purchases increased 7.4 percent to a 6.54 million annual rate from a revised 6.09 million pace the prior month, the National Association of Realtors said today in Washington. The median sales price declined 4.3 percent from the…

Asking just under $900,000 when the Infinity sales office first opened, tax records suggest 301 Main Street #9E was purchased for $867,000 in March 2008. The upgraded Tower One condo returned to the market at the end of 2008…

“Nearly 40 percent of homeowners who received a loan modification that reduced monthly loan payments by 20 percent or more were at least two months late again within a year…” UPDATE: A plugged-in reader comes through with a link…

From a plugged-in reader in Pacific Heights this weekend: I’m looking to enlist your support in some public shaming. You can also point-out the utility of installing a video camera system during a renovation This Grinch stole the…

Purchased for $1,400,000 in November 2004, returned to the market this past March asking $1,800,000, and reduced to $1,365,000 in October, the sale of the Stanley Saitowitz re-designed Marquee Lofts (151 Alice B. Toklas) #702 closed escrow on 12/18…

Purchased for $675,000 in March 2003, public records would suggest 31 Clipper has actually been bank owned for the past two years (and taken back with $857,500+ owed). “Freshly painted” but unfortunately not as freshly renovated as well, the…

As a plugged-in reader notes, the sale of the single family 2552 Hyde Street closed escrow today with a reported contract price of $1,385,000, 29 percent under its February 2007 acquisition for – and neighborhood comp setting price of…

“[Moody’s Investors Service] now expects losses of 3.8 percent on loans underlying 2005 prime-jumbo bonds, with estimates of 8 percent for 2006 securitizations, 10.9 percent for 2007 debt and 12.3 percent for 2008 securities.” “Since March, serious delinquencies among the…