Condo Conversion Can’t Come Soon Enough
The annual condo conversion lottery took place last week, with more than 2,000 property owners hoping that they’d win the right to convert their tenancy-in-common…
TICs & Multi-Unit Bldgs
The annual condo conversion lottery took place last week, with more than 2,000 property owners hoping that they’d win the right to convert their tenancy-in-common…
Our city’s annual condo conversion lottery takes place today. I’d like to extend my best wishes to all those TIC owners who have been waiting…
I’ve been fielding calls and emails regularly from TIC homeowners on long-standing group loans in 3+ unit buildings who want or need to sell their TIC interest….
I’m often asked how different segments of the San Francisco market are doing, and inquiries about the TIC market are at the top of the…
It’s always interesting to check in on the tenancy-in-common (TIC) market in San Francisco. And it just so happens that this segment of the housing…
My friends at Plan C are organizing a rally on the steps of City Hall next week, in support of expediting condo conversion. Here’s the…
Despite their risky and complex nature, tenancy-in-common (TIC) interest sales made a strong showing in 2009. A total of 403 TIC interests sold last year,…
Tickets for San Francisco’s annual condo lottery go on sale Monday. And there’s something you should know, as per my friends at Plan C: The…
I was surprised to hear recently that lender NCB recently suspended its fractional loan program. Which made me think: Are fractional loans here to stay?…
Last week, our reader The Real Estate Whisperer asked about the health of the TIC loan industry. TICs apparently have an excellent track record when…
For those yearning for an Arts and Crafts-style compound in the heart of the Mission, 428 Capp will certainly do the trick. This two-story home…
Word on the street is that Marin-based Circle Bank is planning to open a branch on Noe Valley’s 24th Street. The bank reportedly believes the…
There was a time when condos were worth substantially more than TICs. Well, the gap has narrowed as the San Francisco market has softened. A…
I’m being contacted regularly by buyers in the $400,000-$500,000 price range, who are exploring real estate purchase possibilities. Many such individuals have been renting for…
My broker tour brought me to Third Avenue between Balboa and Cabrillo this week, to check out two TICs and one condo all listed in…