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Monthly Archives: December 2015
CBRE Global Investors Makes SF Bay Area Buy
As 2015 winds down, deals continue to be made in the San Francisco Bay Area’s hot hospitality market, where hotel transactions surpassed 2014 levels before the mid-year mark. CBRE Strategic Partners U.S. Value 7 fund is the latest buyer, acquiring … Continue reading
Developer pulls out of $165 million Transbay deal
A residential developer has walked away from an agreement to pay $165 million for a key Transbay high-rise site, money that is needed to finance the first phase of the $2.1 billion transit center at First and Mission streets. Article … Continue reading
SF Real Estate Forecast: Bubble, Bubble, Toil, and Trouble?
Just in case you’ve forgotten during the recent go-go market, a housing bubble is when prices go up due to demand and speculation. At some point, demand decreases or stalls as supply increases due to the aforementioned speculators. At that … Continue reading
Angelo Sangiacomo, one of SF’s biggest landlords, dies at 91
Caption Close Angelo Sangiacomo liked to say he bought real estate and never sold it. The legendary San Francisco landlord bought and built houses and apartment buildings all over San Francisco. Most of them, he kept. “We never sell!” he … Continue reading
San Francisco’s Median House Price Holds Strong at $1.3M
As Paragon Real Estate notes in its latest market report, “there was clearly no significant ‘crash’ in prices this past autumn.” In October, homes sold for 109 percent of asking price, while in November the average was 106 percent. Both … Continue reading