Monthly Archives: April 2013

San Francisco: Man who claimed to be son of Congo president charged with …

SAN FRANCISCO – A San Francisco man who claimed to be the son of the president of the Congo has been arrested and charged with fraud for allegedly bilking a Marin County real estate agent and his girlfriend of $1.6 … Continue reading

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A chat with commercial real estate broker Phil Mahoney

When a megadeal lands in Silicon Valley, there’s a decent chance veteran Bay Area commercial real estate broker Phil Mahoney had a hand in making it happen. Google’s 715,000-square-foot lease in Sunnyvale. The 600,000-square-foot campus for LinkedIn in Sunnyvale. A … Continue reading

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Next Boom? ‘Spec’ Homes Are Back

“We’ve seen the listings in the market drop dramatically. It’s been way, way down for months and months and months. The wave of foreclosures hasn’t come to us in a way that impacts the market. Investors are coming in and … Continue reading

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CIM Expands Bay Area Office Holdings with Three Recent Purchases

SAN FRANCISCO—CIM Group has purchased 330 Townsend in San Francisco for an undisclosed sun. The 98 percent-leased, 60,000-sq.-ft. office building is located in the South of Market District, which has one of the lowest office vacancy rates in the city. … Continue reading

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Mortgage Fix Failing at ‘Alarming Rate’

A new report from Special Inspector General for the Troubled Asset Relief Program points to disturbing numbers, but offers no reason for the high rates. Treasury’s data shows that the longer a homeowner remains in HAMP, the more likely he … Continue reading

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