What you can buy in Nob Hill for $1.649 million and Montclair for $1.695 million

Nob Hill, $1.649 million

1250 Leavenworth, Unit 3

Beds: 2 Baths: 2 Square footage: 1,822

Montclair, $1.695 million

6111 Mazuela Drive

Beds: 5 Baths: 4 Square footage: 5,164

This elegant and spacious Traditional-style home has straight-on San Francisco and bay views. With its thoughtful two-story floor plan, most rooms open to view-filled patios, decks and the extensively landscaped, park-like backyard.

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ARIEL PROPERTY ADVISORS MARKETING NY METRO AREA NOTE PORTFOLIO

NEW YORK, NY March 13, 2012 A financial institution has retained Ariel Property Advisors to sell its financial lien positions for nine investment properties in Manhattan, Brooklyn, the Bronx, and Long Island.

The portfolio of performing and non-performing notes includes multifamily, mixed-use, and retail properties, which are being offered individually or as a package. The total principal balance of the portfolio is just under $9 Million.

“This offering is very unique compared to other more distressed note sale packages in that it offers excellent in-place returns on strong collateralized assets,” said Victor Sozio, vice president at Ariel Property Advisors. He

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In The Pipeline: CoStar Development & Construction News for March 4 – 11

In The Pipeline is a column on significant acquisitions of commercial land for sale, and other transactions and trends affecting office, industrial, flex, multifamily, mixed-use, hotel and public works developers. Send us news leads about your new commercial real estate project — to receive future In the Pipeline columns by e-mail.

Old Wholey ‘Fish’ Building Slated For Conversion to Office

Sampson Morris Group will convert the New Federal Cold Storage warehouse in the Strip District, also known as the Wholey’s building, into 1501 Penn Avenue, a 225,000-square-foot, LEED-certified office building. Read all post…

CurbedWire: Talk DTLA Development With ULI, Angels Flight Fares Doubling

DOWNTOWN: You’re going to have to find two quarters to rub together or walk your butt up Bunker Hill–Angels Flight is raising fares from 25 to 50 cents (Metro pass holders will still get the quarter fare). Apparently, those measly fares have never covered operating costs and AF has always gotten by on donations. Railway President John Welborne tells the Daily News that now “a number of our donors have suggested that our riders could pay more, too.” The new price goes into effect this Monday, March 12.

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