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San Francisco micro-hotel YOTEL acquired for $62M in foreclosure auction

YOTEL San Francisco, a downtown hotel known for its trendy, tech-savvy design and micro hotel rooms, was acquired last month for $62 million at a foreclosure auction, the San Francisco Business Times reported. The 203-room hotel on Market Street and Seventh Street was foreclosed on after its owner, Synapse Development Group, defaulted on $64.5 million in

By |2022-10-14T09:51:40-07:00October 13th, 2022|Industry News|

The cities with real estate markets less affordable than San Francisco's

The Bay Area’s housing market is not known for its affordability. But as home prices continue to drop here, more and more cities are giving San Francisco’s pricey reputation a run for its money in the real estate department. According to RealtyHop’s latest housing affordability index, six cities have housing markets more unaffordable than San Francisco’s.

By |2022-09-09T09:51:25-07:00September 9th, 2022|Industry News|
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