Chocolate Covered Time Shares

The trend of luxury hotels offering time share suites has expanded into San Francisco’s most historic properties. The Ritz Carlton, for instance, offers fractional ownership at 690 Market St., which is the 119 year old former Chronicle building. An 2004 Sfgate article details the property’s offerings: Shares in the Ritz-Carlton clubs are sold in three-… Read More

SF: Join the Condo Conversion Revolution!

TIC’s, which are shared properties, become much more valuable when they are converted to condos. Andy Sirkin, the attorney most credited with TIC expertise, explains The amount of appreciation increases with building size. Conversion allows co-owners of multi-unit buildings to eliminate many of the risks of co-ownership and obtain more attractive financing. Under some circumstances,… Read More

SF: The Aged Listing

Cooling real estate means some houses, even in seemingly bubble-burst-proof SF, see many a day on the market. You’d think then that the owners would be more interested in making a deal to get rid of these, their albatrosses. I know that such deal-making-readiness is not always the case, but those curmudgeon type owners will likely… Read More