The Walk-Through 288 27th Ave., San Francisco Nov 18, 2009
It's the lower-level unit in a two-unit building that was converted from tenancy in common. There is no homeowners association fee; the owners split costs for insurance, water and sewage. (San Francisco Chronicle -- Business)
S.F. Supervisor Chris Daly's big move Jul 28, 2009
The Board of Supervisors, once Daly is termed out, should move to quicken the conversion of apartments to condominiums, doing away altogether with the equity-dampening category of tenancy in common. This would create tax revenue from reassessment of individual units, which change hands more frequently than entire buildings. (San Francisco Chronicle -- Opinion)
Chinatown land trust helps low-income housing Jun 30, 2009
Tenants at 53 Columbus won't be able to flip their limited-equity units for market rate, which in Chinatown runs up to about $500,000 for a two-bedroom tenancy in common. But their investment grows with the consumer price index, meaning tenants could see a return on their $10,000 investment when they sell. (San Francisco Chronicle -- Technology)
Sunwest investors sue Davis Wright Tremaine Apr 16, 2009
The suit says Davis Wright Tremaine and Dozois prepared numerous documents that misled investors into thinking they were buying into particular properties, including memoranda, disclosure materials, tenancy in common agreements, triple net lease documents, warranty deeds, operating agreements, real property purchase agreements and escrow instructions. The defendants and the Harder Enterprise did not tell investors that revenue generated in connection with the property they were investing in... (Puget Sound Business Journal, WA)
The Impact of the CCIM Institute on Commercial Real Estate Industry and Investors Feb 26, 2009
Mosca: With most, if not the entire brokerage marketplace basically leaving tenancy in common or postponing their efforts in 2008, RealSource continues to be successful with tenant in common investments by placing investors into offerings, into opportunities, and this reflects a significant part of your business model. What is enabling RealSource to be so successful at a time when others are either backing out or postponing this particular part of their business model. (RealtyTimes)
Bulletin Board Feb 23, 2009
Selling a Tenancy in Common. Presented by Jim Olness of Zephyr Real Estate, 6-7:30 p.m., 2523 California St., San Francisco, free, reservations required, (415) 987-5867. (San Francisco Chronicle)
