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

From the resale listing for 301 Mission #25B: “The 25th floor is one of the most desirable in the building, providing extraordinarily high ceilings found on only one other floor.” Can you name that one other Millennium Tower floor?…

As we wrote this past November: A tax assessed value of $2,393,000 would suggest a sale price not too far from the $2,350,000 asking price for 1333 Jones Street #505 when last on the market. Back on the market…

Purchased for $540,000 in 1998, the single-family home at 704 Wisconsin was refinanced in 2003 with $765,000 in loans and then again in 2004 for $870,000. This past January, the home was foreclosed upon with what appears to have been…

According to DataQuick, recorded home sales volume in San Francisco was up 20.2% on a year-over-year basis last month (327 recorded sales in February ’10 versus 272 sales in February ‘09) and up 5.1% compared to the month prior….

We should have been much more clear in yesterday’s post with respect to the Planning Commission’s voting on the proposed 555 Washington project. While the EIR for the project was approved by the Planning Commission 4-3, votes on the…

From the San Francisco Business Times: Millennium Partners is dusting off plans for a highrise condo tower at 706 Mission St. in San Francisco after two years in which the financial crisis brought planning to a virtual halt. The…

The scheduled vote at today’s Planning Commission Special Hearing with respect to the fate of the proposed 555 Washington project was delayed (once again) until April 15 due to “an administrative error.” UPDATE (3/19): 555 Washington Round Two Vote Redux:…

A plugged-in tipster reports: Yesterday, 52 Rausch Street was taken back by Redwood Mortgage, which held a $850,000 2nd. It has a senior loan for $2,550,000 to First National Bank of Northern California (South SF). This property also was cross-collateral…

As the sun comes up, the police barricades around Mojo Café’s parklet are down. And in about an hour, Mayor Newsom will officially “unveil” the parklet, street improvements, and new median strip green along lower Divisadero. We give both…

["High rise," via Curbed SF Flickr photog Justin.Beck]

· Number crunching: sales dip, but prices are up [Housing Wire]
· Lennar wins Builder of Integrity award! In Maryland anyway [pitchengine]
· The pitfalls of renting to own [Forbes]
· Making skyscrapers green? [WSJ]
· An expedition to California City, unfinished development [BLDGBLOG]