Prado Group
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...
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...
Prado Group and SKS Partners File Permits for 200 Additional Units at Presidio Highlands in UCSF Laurel Heights Redevelopment
Prado Group and SKS Partners have filed building permits for three additional structures at the Presidio Highlands redevelopment of the former UCSF Laurel...
Prado Group Pivots From 49-Unit Mixed-Use Project to Retail-Only Expansion in San Francisco’s Marina District
Previously entitled mixed-use apartment complex gives way to a $2.75 million commercial retrofit along the Marina District’s main retail corridor Plans for a...
Presidio Bay Ventures and Prado Group Win Bid to Acquire 1.2MM SQFT San Francisco Centre for $130MM+
The San Francisco-based developers plan a mixed-use conversion of the shuttered downtown landmark that once held a valuation exceeding $1 billion, marking a...
Presidio Bay Ventures Acquires 55,700 SQFT Office at 333 Valencia in San Francisco for $27.5MM via Deed in Lieu of Foreclosure
The Mission District office property traded at approximately $494 per square foot, representing a 54 percent discount from its 2021 asking price of...
Former UCSF Campus in San Francisco’s Laurel Village to Begin Transformation Into 744-Unit Housing Development
Prado Group receives approval for infrastructure financing 3333 California Street project A long-dormant property in one of San Francisco’s established neighborhoods is moving...
San Francisco Condo Prices Slip as Sales Rise
New construction sales plunge to 12 units from 42-unit average while investor share jumps to 30 percent San Francisco’s condominium market continues adjusting...
Prado Group, Baupost List 17-Building San Francisco Apartment Portfolio for ~$100MM
By The Registry Staff After acquiring a distressed apartment portfolio in San Francisco in 2023, Prado Group and its partner Baupost Group have...
San Francisco Condominium Prices Drop 7% as Cash Buyers and Investors Gain Market Share
Median price falls from year ago while sales volume climbs 10.2 percent and new construction activity remains well below historical averages San Francisco’s...
San Francisco’s Condo Market Shows Resilience Amid Price Declines as Transaction Activity Surges
San Francisco’s condominium market is displaying signs of cautious optimism as summer 2025 concludes, with median prices edging down just 0.8 percent year-over-year...
Macy’s Vacant Store in Corte Madera Could Become Key to Marin County’s Housing Push
San Francisco developer Prado Group eyes mixed-use redevelopment of shuttered department store site A defunct Macy’s store in Marin County has emerged as...
