Mid-Market
CMBS Investors Take Total Loss on $48MM Loan as 103,000 SQFT of San Francisco’s 1155 Market Sells for $8MM
The $48 million CMBS loan on the lower eight floors of 1155 Market Street has been liquidated with nothing returned to principal, after...
San Francisco’s SoMa West Office Vacancy Sits at 19%, but Nearly 35% of Its Space Is Up for Lease
SoMa West's 19.1 percent office vacancy sits well below San Francisco's citywide rate, but 34.8 percent of its space is being marketed for...
Seven Equity Group Buys Westfield’s Twin Mission St. Buildings for $15.5MM in San Francisco, a 63% Decline in Value
814 and 818 Mission St. traded to entities linked to Seven Equity Group for roughly $15.5 million combined, landing almost exactly within the...
Manna Capital Stacks State Housing Laws for 40-Story, 288-Unit Tower in San Francisco
Chicago-based Manna Capital is wagering that California's density bonus law and SB 330 can turn a 0.2-acre surface parking lot at Eighth and...
STG Group Buys Eight Floors of San Francisco’s 1155 Market for $8MM, a Decade After $80MM Peak
A Petaluma value-add investor has taken control of the troubled lower half of 1155 Market Street for a fraction of its boom-era worth,...
Raintree Partners Sells Historic 68-Unit Wilson Building at 973 Market Street for $19MM in San Francisco
A New York-based investor has acquired The Wilson, the 68-unit adaptive-reuse apartment building at 973 Market Street, from Raintree Partners for $19 million,...
1.2MM SQFT San Francisco Centre & Emporium Hits the Market Again With Ground Lease Extended to 2082 and September Call for Offers
One of downtown San Francisco's largest and most troubled assets is back on the block, this time with a longer ground lease, lower...
San Francisco’s Office-to-Housing Pipeline Clears 300 Units as AI Rebound Squeezes Conversion Candidates
After a decade with almost nothing to show, San Francisco is set to receive applications for three office-to-residential conversions totaling more than 300...
Trust Exposure on San Francisco Centre Hits $351MM as Presidio Bay, Prado Group Abandon 1.5MM-SQFT Redevelopment Weeks Before Loan Maturity
Loan-level data from Morningstar Credit shows bondholders on the shuttered San Francisco Centre carrying $351.3 million of total exposure against a property with...
Seven Equity Group Buys WeWork-Vacated Office in San Francisco Out of Receivership for $6.75MM
Seven Equity Group, a Manhattan-based investor that has quietly accumulated a distressed-office portfolio along San Francisco's Taylor Street and Market Street corridors, paid...
Presidio Bay Ventures and Prado Group Walk Away From San Francisco Centre Mall Redevelopment Deal, Returning Shuttered 1.5MM-SQFT Landmark to Market
Presidio Bay Ventures and Prado Group have abandoned their winning bid to redevelop San Francisco Centre, citing a failed ground lease renegotiation with...
City of San Francisco Expands 1455 Market St. Lease by 502,000 SQFT in $1B-Plus Deal, the Region’s Largest Since 2018
San Francisco has committed to its largest office lease since 2018, expanding the city government's footprint at Hudson Pacific Properties' 1455 Market St....
