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Hamilton Zanze Announces Sale of BLVD at Medical Center – PR Newswire
Firm Completed Several Upgrades in Eight-Year Ownership of San Antonio Property SAN FRANCISCO, March 20, 2024 /PRNewswire/ — Hamilton Zanze, a San Francisco-based real estate investment firm that owns and operates multifamily communities nationwide, today announced it has sold BLVD at Medical Center, a 248-unit apartment community in San Antonio. The firm acquired the property in June 2016, and after instituting a comprehensive capital improvement program, closed the sale on March 19. Continue Reading Hamilton Zanze’s renovation efforts at BLVD at Medical Center included upgrades to the apartment homes, building…
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‘How’s It Going To Be?’ Amazing! Third Eye Blind Frontman Stephan Jenkins Lists S.F. Victorian for $3.6M – Realtor.com News
1990s pop-rocker Stephan Jenkins, frontman of the hit band Third Eye Blind, is selling his incredible Italianate Victorian in San Francisco for $3.6 million. The 2,875-square-foot, four-bedroom, 2.5-bathroom home sits on a gorgeous, tree-lined block. This striking home was built in 1880. (Open Homes Photography for Sotheby’s International Realty) Listing agent Daria Saraf, of Sotheby’s International Realty—San Francisco Brokerage, shares that the home was originally built for a sea captain and his family. Jenkins purchased the property in November 2013 for $2.35 million. Victorian details This circa-1880 residence in the…
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Marc Andreessen lists Silicon Valley home for $33.37M – New York Post
Billionaire tech investor Marc Andreessen, the renowned co-founder of Netscape and venture-capital firm Andreessen Horowitz, alongside his wife, Laura Arrillaga-Andreessen, are bidding farewell to their long-held residence in Atherton, California. Their Atherton estate, boasting a sprawling 12,200-square-foot main residence complemented by a guesthouse, an office and a studio, is hitting the market with a staggering price tag of $33.37 million, according to the Wall Street Journal. The couple is now set to embark on a new chapter, relocating to Southern California after amassing an impressive property portfolio in Malibu totaling…
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Bridge Industrial Secures $150MM Mezzanine Loan for 2.5MM SQFT Industrial Project in Tacoma – The Registry
Courtesy of Mesa West Capital Los Angeles, CA (March 18, 2024) – Investment funds managed by Mesa West Capital (“MWC”) and Morgan Stanley Real Estate Investing (“MSREI”) have funded a $150 million mezzanine loan to finance an industrial construction project in Tacoma, WA for Bridge Industrial. The mezzanine loan, along with a $263 million first mortgage construction loan originated by Bank OZK, provided total loan-to-cost financing of 65%. The five-year interest-only mezzanine loan was co-originated by MWC, a debt investment manager offering owners and investors a wide variety of financial…
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Four Seasons Embarcadero Owner Reportedly Defaulting on Loan, Bank Might Foreclose – SFist
You know it’s hard times in the luxury hospitality racket when even the owner of a Four Seasons hotel can’t pay their bills, as the Four Seasons Embarcadero owner reportedly hasn’t made their loan payments in three months. The Florida-based real estate investment form Westbrook Partners would probably like a do-over on their $126.6 million purchase of the downtown San Francisco hotel that they would rename the Four Seasons Hotel San Francisco at Embarcadero. Months after that purchase, COVID-19 came along and wiped out tourism for a couple of years.…
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High-End Vegan Spot Baia, Which Took Over the Storied Former Jardiniere Space, Is Closing After Three and a Half … – SFist
A major piece of San Francisco restaurant real estate will be back in play again this year, as upscale vegan Italian spot Baia is closing its doors at the end of the month. Baia, the first San Francisco outpost of LA-based vegan chef Matthew Kenney’s empire, debuted in August 2020 in the former Jardiniere space in Hayes Valley, and held on through pandemic-related restrictions and shutdowns. But as of March 30, it will close its doors. “After 3.5 wonderful years, it is with a heavy heart that we announce the…
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Breed Vetoes Bill to Limit SF Housing Density – The Real Deal
San Francisco Mayor London Breed issued a rare veto of a potential political rival’s ordinance to help preserve three northeast historic districts from dense development. Breed’s veto blocked legislation led by Board of Supervisors President Aaron Peskin, which set density limits in the Northeast Waterfront Historic District, the Jackson Square Historic District and the Jackson Square Historic District Extension, the San Francisco Chronicle reported. The scuttled legislation came days after the mayor headbutted Peskin — widely expected to challenge Breed for her seat in the November election — at a…
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