Article says most of the apartments are sold, guess they’ll have to wait for someone to show up and pay cash.
Walked past it to and from work everyday in 2019 - always wondered what it was.
The building is beautiful and it gives some soul to a somewhat soulless part of SF. It rises above the Transit Center’s bald concrete lot and the twists are something you could stare at for ages.
readthenotes1 · 10h ago
"The building is beautiful"
The pictures in the article give me the opposite impression. I'm glad that there's more to it
alon_honig · 9h ago
A similar thing happened to our condo. Fannie and Freddie wouldn't touch it despite no obvious outstanding issues. We didn't have a problem finding lenders who would give us a non conforming loan.
decimalenough · 10h ago
Aside:
> members of the lending community
This is an interesting way to say "banks".
rahimnathwani · 10h ago
The majority of US mortgages are originated by non-bank mortgage companies.
dietr1ch · 9h ago
Wasn't lending money with interest restricted to banks to control how much money is created? I'm guessing they're still regulated, but it still seems weird.
rahimnathwani · 9h ago
Have you never held a savings account or bought a bond? Those are both ways to ‘lend money with interest’.
dietr1ch · 8h ago
Yes, but managed by banks. That's my observation, it's new to me that non-banks are allowed to lend with interest.
Walked past it to and from work everyday in 2019 - always wondered what it was.
The building is beautiful and it gives some soul to a somewhat soulless part of SF. It rises above the Transit Center’s bald concrete lot and the twists are something you could stare at for ages.
The pictures in the article give me the opposite impression. I'm glad that there's more to it
> members of the lending community
This is an interesting way to say "banks".