Lennar, China and Ed Lee
Reports are that Mayor Lee's effort failed to close a deal in China for investment with Lennar at Hunters Point and Treasure Island. A lot was riding on this deal, and just last Sunday Willie Brown...
View ArticleRe: Lennar, China and Ed Lee
The real story is likely that the China Dividend is still evolving. Are you implying that Jean Quan is more savvy in this area than our town's powers that be? Rumors are out that the investors wanted...
View ArticleRe: Lennar, China and Ed Lee
First of all, neither Ed Lee or Jean Quan or Jerry Brown "close" any development deals. They might facilitate, encourage, prompt, sweeten deals with promises of politically expediting the process,...
View ArticleRe: Lennar, China and Ed Lee
El Greco resurfaces the issue of control that is said to have been the problem. I have heard the same thing, but with an important and significant qualifier. As I understand it, the issue was Lennar's...
View ArticleRe: Lennar, China and Ed Lee
All good points, MC. As far as Oakland's project (Oak to Ninth), that one has been in process for ten years that I'm aware of. Signature Properties was named developer of record in 2002, 2003, so...
View ArticleRe: Lennar, China and Ed Lee
el Greco, where does this leave the city? Will it follow the other templates, of other people taking over the table? That's what happened with CPMC, and the tax reform package, and it's pretty clear...
View ArticleRe: Lennar, China and Ed Lee
I think Lennar will line up financing one way or another. Housing in SF is just too hot and investors are ready to go whether they're from China or wherever. Ed Lee, like any other mayor, wants to...
View ArticleRe: Lennar, China and Ed Lee
El Greco has the basic picture right, and perhaps I am just playing around on the margins. Yes, I agree our market is hot and other lenders should be interested. There are some challenges on these...
View ArticleRe: Lennar, China and Ed Lee
Shit, I've been asking that for years. If by "us" you mean residents, taxpayers, homeowners, business owners, in short, anyone who pays for stuff, the answer is NOBODY. We merely finance their great...
View ArticleRe: Lennar, China and Ed Lee
Well I've been asking for years, exactly which party is going to pay the billion+ (in year 2000) dollars, to reinforce the levees around that pile of bay mud silt, AKA Treasure Island?
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