SAN FRANCISCO, CA – The Steinhart Apartments at 952 Sutter Street in Nob Hill, San Francisco have been listed for $27 million by the Alain Pinel Realtors (APR) Investment Group’s Managing Director Mark Bonn and Senior Sales Associate Mirella Webb. Built in 1910, the six-story residential building, formerly the “Steinhart Hotel,” is listed on the National Register of Historic Places. A rare opportunity, 48 of the 57 units will be delivered vacant at close, allowing a new owner to capitalize on the continued strength of the San Francisco apartment market.
“With vacancies in the city at an all-time low, this unique opportunity grants any buyer incredible flexibility,” noted Bonn. “The new owner could operate the property as traditional high-end apartments or as furnished rentals, as each unit has furniture, fixtures, and equipment in-place.”
Originally constructed by Ignatz Steinhart, banker, entrepreneur, and benefactor of the city’s Steinhart Aquarium in Golden Gate Park, the property has been meticulously preserved largely due to its former operation as a hotel. The historic turn-of-the-century character is still present in the period detail in the grand lobby, high ceilings, and the mezzanine-level library.
While celebrating the original architecture, the apartments offer modern conveniences. The spacious and highly-stylized apartments were designed by William Sofield, famed designer of the Ralph Lauren and Gucci boutiques. Additionally, 15 of the units were recently renovated by leading San Francisco designer Jonathan Rachman. Each apartment is fully furnished and includes full-sized kitchens and private bathrooms.
“With a mix of studios, one bedrooms, two bedrooms, and a single four bedroom, many of the units are very large, offering conversion potential to add additional bedrooms to existing units or possibly even more units,” according to Webb. “Ownership of this property would immediately place the investor in the elite group of major multi-family owners in San Francisco.”
Located in Nob Hill, the building is five blocks from Union Square and a few blocks from many of the performing arts theaters in the city.
For more information about the APR Investment Group, visit www.APRInvestmentGroup.com.
It’s the summer – and it’s not just the real estate that is hot! That’s is why Alain Pinel Realtors are launching #APRSundae – a refreshing open house experience. Launching its inaugural weekend in the South Bay, we’ve partnered with Swifty Sweets, a frozen yogurt truck (and more!) that will be popping around to our open houses on Sundays and giving away free treats.
Want to know where you can get a free treat? Follow @AlainPinel and @SwiftySweets on Twitter. We’ll be tweeting out addresses and times from now and Sunday sharing which open houses and at what times you can get your #APRSundae. Be one of the first 25 people at the open house and you’ll get a voucher for a free dessert.
Don’t forget to tag and share any of your photos from the open house with #APRSundae!
SARATOGA, California — REAL Trends, Inc., in conjunction with The Wall Street Journal, have published their annual report ranking the top real estate agents in the United States, including 29 Alain Pinel Realtors (APR) sales professionals. Nine individuals and 10 teams were included in the prestigious 2015 rankings which are based on 2014 sales numbers. In categories based on sales volume, APR had the strongest presence of any independent real estate firm in Northern California. In addition to ranking sales volume and number of transactions, the 2015 report also ranks agents by average sales price for the first time.
Topping the list for Average Sales Price are APR Menlo Park’s Mary and Brent Gullixson ranked #4 with an average sales price of almost $9.4 million. The Gullixson Team also was the #12 ranked team in the nation by sales volume with nearly $308 million. Notably, while many of the teams in the top 10 include several team members, The Gullixson Team is comprised of only two licensed individuals. By looking at agent productivity on teams, The Gullixson Team are among the top three in the nation. This is Mary Gullixson’s sixth consecutive year ranking in the top six in a category on the REAL Trends list, either individually or as a team with her son Brent. She has been represented in the top of the list each year since the list was created in 2006.
Leading the Top Agents by Sales Volume list is Keri Nicholas, from APR Menlo Park, ranked #38 with a closed sales volume of almost $181 million. Also included are Kathy Bridgman, from APR Los Altos, ranked #63; Judy Citron, from APR Menlo Park, ranked #73; Judy Bogard-Tanigami, from APR Los Altos, ranked #89; Joe Piazza, from APR Los Gatos, ranked #102; Zach Trailer, from APR Menlo Park, ranked #155; and Therese Swan, from APR Los Gatos, ranked #209.
Joining The Gullixson Team on the Top Teams by Sales Volume list are David Gunderman and Andrew Raskopf, from APR Oakland – Montclair Village, ranked #71; Carol Carnevale and Nicole Aron, from APR Menlo Park, ranked #144; and Caitlin and Gloria Darke, from APR Menlo Park, ranked #222.
In the new category of Average Sales Price by Individuals are Alireza Faghiri, from APR Menlo Park, ranked #87 and Sherry Bucolo, from APR Palo Alto, ranked #133. The Average Sales Price list by teams includes The Gullixson Team, ranked #4; Mara McCain and Samira Amid-Hozour, from APR Menlo Park, ranked #12; Anne Riley and Andrew Greenman, from APR Burlingame, ranked #44; Jolaine and Jack Woodson, from APR Menlo Park, ranked #73; Caitlin and Gloria Darke, from APR Menlo Park, ranked #87; Jim and Jimmy Nappo, from APR Los Altos, ranked #99; Carol Carnevale and Nicole Aron, from APR Menlo Park, ranked #133; Jeff Stricker and Steve TenBroeck, from APR Los Altos and APR Palo Alto, ranked #131; and John Howmiller and Rick Ardizzone, from APR Los Gatos, ranked #221.
“Through their focus and determination, these agents earned incredible results in 2014, and are among the elite in the nation,” said Paul Hulme, President and CEO of APR. “We are so proud that they represent Alain Pinel Realtors in providing the highest quality of service to our clients.”
The REAL Trends/WSJ Thousand designees are recognized as the top one half of one percent of the more than 1,100,000 licensed REALTORS® nationwide. The list includes the top 250 agents or teams in six different categories, including top individuals ranked by closed transaction sides; top individuals ranked by closed sales volume; top teams ranked by closed transaction sides; top teams ranked by closed sales volume; and new this year, top individuals ranked by average sales price; and top teams ranked by average sales price. All rankings are verified from independent sources and are based on the calendar year 2014.
The achievements from these agents are in addition to the accolades APR has previously received based on their 2014 performance in which the firm closed a record sales volume of $10.8 billion making it the fifth largest real estate firm in the nation and the largest independent broker in California.
Tagged: Alireza Faghiri, Andrew Greenman, Andrew Raskopf, Anne Riley, Awards and Honors, Brent Gullixson, Caitlin Darke, Carole Carnevale, David Gunderman, Gloria Darke, Jack Woodson, Jeff Stricker, Jim Nappo, Jimmy Nappo, Joe Piazza, John Howmiller, Jolaine Woodson, Judy Bogard-Tanigami, Judy Citron, Kathy Bridgman, Keri Nicholas, Mara McCain, Mary Gullixson, Nicole Aron, press mentions, Press Release, REAL Trends, Rick Ardizzone, Samira Amid-Hozour, Sherry Bucolo, Steve TenBroeck, Therese Swan, Top Agents, Top Teams, Wall Street Journal, WSJ, Zach Trailer
SARATOGA, California — Alain Pinel Realtors (APR), California’s largest independent real estate broker, has promoted Rainy Hake to the office of Executive Vice President and Chief Operating Officer (COO), making her the youngest COO of the top residential real estate companies nationwide. Effective immediately, Rainy will oversee all of the day-to-day operations of the company, including managing the Marketing, Technology, and Training Departments, as well as leading the company’s strategic vision. Paul L. Hulme will remain President and CEO.
Rainy has been an invaluable member of APR since 2003, holding a number of roles including Vice President of Marketing and Corporate Affairs and her most recent role as Executive Vice President. As a member of the executive team, Rainy has led the strategic roadmap for the firm in all areas of operations. During her tenure, APR has increased its national ranking from 11th to 5th largest in the nation based on sales. In the past two years, she has overseen an increase in profits by 26%, greatly outperforming the market.
“Rainy’s contributions to the firm are immeasurable. She has helped introduce new innovations and modern marketing practices in our ever evolving brokerage,” said Hulme. “She has proven through her strategic leadership, diligent performance, and service that she possesses the experience, energy, and creative ingenuity to ensure APR remains the Bay Area’s premier real estate company.”
Rainy is a licensed broker with nearly 20 years of luxury real estate experience and is a member of FIABCI-USA International Real Estate Federation and the Asian Real Estate Association of America (AREAA). In addition to her real estate experience, Rainy has also acted as an international brand strategy consultant for some of the world’s leading business brands including L’Oreal Paris, Wells Fargo Bank, and McCann Worldwide. She holds a Bachelor of Arts in Mass Communications from the University of California at Berkeley and a Master’s in Business Administration in International Marketing and Strategic Planning from the University of Oxford, England.