Author: Agggregated News
A San Francisco penthouse atop 1927 Art Deco building lists for under $4M. See the views – AOL
David Caraccio March 27, 2024 at 4:10 PM Literally sitting atop history, a spectacular San Francisco penthouse — the crown of the Cathedral Apartments — has hit the market for $3.75 million with views throughout of the city’s most popular landmarks, from the Golden Gate Bridge and Bay Bridge to Coit Tower and Salesforce Tower. The elegant two-bedroom, three-bathroom residence in the Nob Hill neighborhood spans spans 2,257 square feet. Built in 1927, the Cathedral Apartments at 1201 California St. was designed by renowned architect Charles P. Weeks, whose work…
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Hudson Pacific Gives SF Cut-Rate Lease in Mid-Market Office Building – The Real Deal
Hudson Pacific Properties has agreed to give the City of San Francisco a cut-rate deal for up to 1 million square feet of offices in Mid-Market. A sweetener: leftover tech furniture for $1. The Los Angeles-based landlord gave the city a discounted lease for the 22-story office building at 1455 Market Street, the San Francisco Chronicle reported. The mostly vacant building once served as a headquarters for tech firms Uber and Block. The city is also negotiating with a different property owner for cheaper offices at 1145 Market Street in…
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PJ’s Construction, hired by Keaau Development Partnership, mistakenly builds $500K house on woman’s Hawaiian Paradise Park lot – KABC-TV
HONOLULU — A woman who purchased a vacant lot in Hawaii was surprised to find out a $500,000 house was built on the property by mistake. She’s now mired in legal wrangling over the mix-up. Annaleine “Anne” Reynolds purchased a one-acre (0.40-hectare) lot in Hawaiian Paradise Park, a subdivision in the Big Island’s Puna district, in 2018 at a county tax auction for about $22,500. She was in California during the pandemic waiting for the right time to use it when she got a call last year from a real…
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Downtown commercial real estate problems could be worse in 2024 – The Washington Post
More than $900 billion in loans backing office buildings, retail centers, hotels, warehouses and more will come due this year — and analysts who track commercial real estate are already worried that this slice of the economy could soon threaten regional banks and municipal finances. That hefty amount — roughly 20 percent of all commercial real estate loans on the books nationwide — faces deadlines for repayment this year. But coming on the heels of a dismal 2023, when hundreds of billions of loans coming due got short-term extensions, experts…
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Housing Market Predictions 2024: Will Real Estate Crash? – Norada Real Estate Investments
The real estate market today is a topic of much debate among experts. While there is no consensus on whether the historically tight housing market will loosen or not, it is evident that the market has cooled significantly from its previous highs. The housing market today is still a seller’s market. Home prices are rising, inventory is low, and mortgage rates are increasing. This makes it a challenging time to buy a home, but there are still opportunities for buyers who are prepared. In this post, we will discuss whether…
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