Align appears to ditch “floating cube” highrise in SF’s SoMa – The Real Deal

Plans by Align Real Estate to top a 65-story highrise with a “floating cube” over San Francisco may be stuck at the bottom of the glass. The locally based firm, led by Jason Chadorchi, appears to have paused its proposed 711-unit apartment tower at 620 Folsom Street, the San Francisco Chronicle reported. As of last fall, the city’s Planning Department… Read More

$1.2 Million Homes in California – The New York Times

A three-bedroom house in Glendale, a Craftsman bungalow in San Francisco and a two-bedroom condominium in a gated retirement community in Carmel. Sterling Reed Sterling Reed Sterling Reed Sterling Reed Sterling Reed Sterling Reed Sterling Reed Sterling Reed Sterling Reed Sterling Reed Glendale | $1.195 Million A 1952 house with three bedrooms and two bathrooms, on a 0.1-acre lot This… Read More

Looking for a deal? Check out the 10 housing markets where home prices are falling the most – New York Post

Who doesn’t love a deal? Homebuyers certainly do. With home prices and mortgage rates uncomfortably high, many aspiring homebuyers are desperate to find ways to save money on what might be the largest purchase they will ever make. Nationally, home prices rose 0.3% year over year in February, to a median of $415,500, according to Realtor.com® data. But there are… Read More

Landlords say they’re dropping eviction pursuit of elderly SF tenant and other tenants following NBC Bay Area story … – NBC Bay Area

One day following an NBC Bay Area story on the possible eviction of Helen Byrne, 94, from her San Francisco apartment of eight decades, the property’s owners say they now plan to allow Byrne and the building’s other tenants to remain in their homes. “While the initial decision to purchase a rental property was made with the intention of investment,… Read More

Landlords say they’re dropping eviction pursuit of elderly SF tenant and other tenants following NBC Bay Area story – NBC Bay Area

One day following an NBC Bay Area story on the possible eviction of Helen Byrne, 94, from her San Francisco apartment of eight decades, the property’s owners say they now plan to allow Byrne and the building’s other tenants to remain in their homes. “While the initial decision to purchase a rental property was made with the intention of investment,… Read More

Mosser and Swig Fall Behind on Debt Tied to SF Apartments – The Real Deal

Mosser Capital and the Swig Company have fallen behind on payments for a $68 million loan tied to five apartment buildings in San Francisco, The Real Deal has learned.  The firms are 30 days delinquent on debt provided by MF1 Capital and then packaged into a collateralized loan obligation, or CLO, according to data from Trepp, which cited servicer commentary. … Read More

SF’s Housing Bond Marches Toward Victory in Early Returns – The Real Deal

An affordable housing bond measure appears headed toward victory in San Francisco, which in early returns Wednesday was leading with 67.7 percent of the vote. Measure A, which would inject $300 million into subsidized housing, leads a smidgen beyond its required two-thirds majority to pass, the San Francisco Chronicle reported. The bond comes four years after San Francisco voters approved… Read More