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The Mark Company Standard Monthly Reports San Francisco May 2013

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Page 1: The Mark Company Standard Monthly Reports San Francisco · 2013. 6. 7. · Closed sales during March 2013 Unit Type SF Closing Price $/SF Closed Date 1208 3/2 1,221 $485,000 $397

The Mark CompanyStandard Monthly ReportsSan Francisco

May 2013

Page 2: The Mark Company Standard Monthly Reports San Francisco · 2013. 6. 7. · Closed sales during March 2013 Unit Type SF Closing Price $/SF Closed Date 1208 3/2 1,221 $485,000 $397

ContentsExecutive SummaryCurrently Selling DevelopmentsResale DevelopmentsPipeline ReportTMC Disclaimer

Notes1) Currently Selling is defined as a new construction residential project selling for the first time or a project in which units have never been lived in as owner-occupied.

2) Resale is defined as a residential unit that has been sold at least once before and has previously been lived in.

3) This report covers Currently Selling residential developments with 20+ Market Rate units and Resale residential developments with 50+ Market Rate units located in Districts 7, 8 and 9.

4) Assume that projects located in the Currently Selling section are actively selling units unless noted otherwise.

5) Date On Market refers to the date the Sales Center opened. 6) Average Absorption is calculated from Date On Market through the first of the month prior to the date of the report. It accounts for units both in contract and closed.

7) Average Price/SF is calculated using only units where both square footage and price are known. Average Price/SF is defined as the average price divided by the average square footage. Averages are weighted averages.

8) Developments are considered Sold Out once the last Market Rate unit has closed OR there have been six months without a closing, all units are in contract and the Sales Center is closed (e.g. there is no active marketing). At that point, projects will be moved to the Resale section and tracked for resale closings.

9) Market Rate Units Available in the Pipeline Report refers to the estimated number of Market Rate units available for sale at the development (e.g. not in contract or closed).

10) Marketing to Commence in the Pipeline Report refers to the date that the Sales Center is expected to open for projects that are Currently Under Construction.

11) Completion Date in the Pipeline Report refers to the expected date of completion for a project that is Approved and/or Under Review.

11) Below Market Rate units are omitted from the new construction and resale closings.

Standard Monthly Reports - San Francisco - May 2013

Page 3: The Mark Company Standard Monthly Reports San Francisco · 2013. 6. 7. · Closed sales during March 2013 Unit Type SF Closing Price $/SF Closed Date 1208 3/2 1,221 $485,000 $397

Executive Summary

Currently Selling Summary - March Closings

Unit Type# of

Sales

Average Size (SF)

Size Range (SF)

Average Price

Price Range $/SF

Studio / Junior One Bedroom 0 n/a n/a n/a n/a n/a

One Bedroom 4 1,337 732 - 1,633 $385,000 $385,000 - $385,000 $526

Two Bedroom 26 1,514 1,008 - 2,170 $772,673 $428,000 - $1,250,000 $625

Three (or more) Bedroom 3 1,697 1,221 - 1,943 $485,000 $485,000 $397

Other (Unknown Type) 0 n/a n/a n/a n/a n/a

All Types 33 1,510 732 - 2,170 $660,115 $385,000 - $1,250,000 $574*

* Price per square foot for new construction is low due to lack of closed sale price data for Millennium Tower (22 units over $1,000/SF), as well as a high number of sales in the lower priced neighborhoods around Candlestick Point.

Resale Summary (Districts 7, 8, 9) - March Closings

Unit Type# of

SalesAverage Size (SF)

Size Range(SF)

Average Price

Price Range $/SF

Studio / Junior One Bedroom 5 416 266 - 520 $354,600 $292,000 - $453,000 $793

One Bedroom 26 857 660 - 1,583 $742,654 $429,000 - $1,295,000 $880

Two Bedroom 26 1,177 601 - 1,826 $1,013,981 $270,000 - $1,700,000 $851

Three (or more) Bedroom 1 1,732 1,732 $1,250,000 $1,250,000 $722

Other (Unknown Type) 0 n/a n/a n/a n/a n/a

All Types 58 988 266 - 1,826 $839,578 $270,000 - $1,700,000 $856

Pipeline Summary

Product TypeCurrently Selling

Under Construction

ApprovedUnderReview

Conceptual Planning

Condominium 131 709 3,488 900 883

Rental - 4,073 5,689 268 1,285

TBD - 0 24,730 1,547 4,510

Condominium - On Hold - 0 285 0 0

Rental - On Hold - 0 0 0 0

All Types 131 4,782 34,192 2,715 6,678

Standard Monthly Reports - San Francisco - May 2013

Page 4: The Mark Company Standard Monthly Reports San Francisco · 2013. 6. 7. · Closed sales during March 2013 Unit Type SF Closing Price $/SF Closed Date 1208 3/2 1,221 $485,000 $397

Currently SellingThe following section contains sales information and updates for actively selling developments with 20+ Market Rate units.

Project List*300 Ivy5800 Third829 FolsomBluCandlestick CoveMadroneMarlowMillennium TowerOne HawthorneOne Rincon Hill

* Sorted in alphabetical order

Standard Monthly Reports - San Francisco - May 2013

Page 5: The Mark Company Standard Monthly Reports San Francisco · 2013. 6. 7. · Closed sales during March 2013 Unit Type SF Closing Price $/SF Closed Date 1208 3/2 1,221 $485,000 $397

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300 IvyLocated in Hayes Valley, 300 Ivy offers 63 residences, including five townhomes. Seeking LEED-Platinumcertification, the new development features alandscaped courthard, rooftop garden with outdoor grill, seating and dining areas and a sundeck. Residents will also have access to bicycle storage and onsite carsharing

The spacious floor plans feature wide-plank, sustainably sourced oak flooring, forced air conditioning, CaesarStone counterops, Studio Becker cabnetry and stainless steel Bosch and Liebherr appliances. First move ins are expected to occur in Fall 2013.

The 300 Ivy Sales Center opened in May 2013 and will be added to the Currently Selling pipeline in the next report.

Address300 Ivy Street

Total Units63

Date on MarketMay 2013

Closings CommencedTBD

DeveloperIvy Grove Partners, LLC

Average HOA FeesTBD

Average Absorptionn/a

Last Six Months Price/SFn/a

Standard Monthly Reports - San Francisco - May 2013

Page 6: The Mark Company Standard Monthly Reports San Francisco · 2013. 6. 7. · Closed sales during March 2013 Unit Type SF Closing Price $/SF Closed Date 1208 3/2 1,221 $485,000 $397

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5800 Third (All Units In Contract)The generously-sized homes at 5800 Third offer easy access to public transportation, Mission Bay, highways and an onsite Fresh & Easy grocery store and cafe.Carroll Station is touted as the City’s newestneighborhood and is expected to welcome 1,000 new residents in the coming years.

The homes range between one-, two- and three-bedroom floor plans in both flat and townhome configurations. Many homes include outdoor space. Amenities include a large courtyard, bike lounge and dog washing station.

All units are in contract at 5800 Third. The project will be removed from the Currently Selling section once all units have closed or six months have passed without a closing reported.

Address5800 Third Street

Total Units137 (120 Market Rate)

Date on MarketJuly 2010

Closings CommencedNovember 2010

DeveloperHolliday Development

Average HOA Fees$336 - $481/month

Average Absorption4 units/month

Last Six Months Price/SF$396 (23 units)

Sales status through March 2013

100 closed 20 in contract 0 available

Closed sales during March 2013

Unit Type SFClosing

Price$/SF

Closed Date

1208 3/2 1,221 $485,000 $397 3/13/2013

2222 2/2 1,008 $428,000 $425 3/8/2013

2424 1/1 732 $385,000 $526 3/6/2013

2301 2.2 1,073 $465,000 $433 3/4/2013

Averages: 1,009 $440,750 $437

Standard Monthly Reports - San Francisco - May 2013

Page 7: The Mark Company Standard Monthly Reports San Francisco · 2013. 6. 7. · Closed sales during March 2013 Unit Type SF Closing Price $/SF Closed Date 1208 3/2 1,221 $485,000 $397

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829 FolsomAt nine stories tall, 829 Folsom is situated in the lively South of Market neighborhood, close to restaurants, entertainment and retail options. Designed by renowned firm FORMA, the state-of-the-art building encompasses technology and a floor-to-ceiling window wall system.Interior finishes include bay windows with dramatic views, wood, carpet and marble flooring, polished granite slab countertops and stainless steel appliances by Thermador and Bosch.

Community amenities include private and secured parking, an entertainment lounge, landscaped courtyard and a rooftop terrace with modern furnishings. Green elements include high-performance, low-e glazing windows to reduce heating and cooling costs, low-emitting and non-toxic paint and flooring, Energy Star-rated appliances and energy-efficient lighting fixtures.

Available list prices dated May 2013:

One BedroomStarting List Price: low $600,000sAverage Size: 486 - 557 SF

One BedroomStarting List Price: $629,000Average Size: 502 - 921 SF

Two Bedroom/PlusStarting List Price: $771,000 - mid $900,000sAverage Size: 897 - 1,163 SF

Address829 Folsom Street

Total Units69

Date on MarketJanuary 2009

Closings CommencedMay 2010

DeveloperFORMA, LLC/Walid Mando

Average HOA Fees$460 - $583/month

Average Absorption1 unit/month

Last Six Months Price/SFn/a

Sales status through March 2013

60 closed 1 in contract 8 available

There were no closings reported during March 2013.

Standard Monthly Reports - San Francisco - May 2013

Page 8: The Mark Company Standard Monthly Reports San Francisco · 2013. 6. 7. · Closed sales during March 2013 Unit Type SF Closing Price $/SF Closed Date 1208 3/2 1,221 $485,000 $397

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Blu (Sold Out)Blu is a 21-story condominium tower located in the South of Market neighborhood. Designed by Handel Architects, the development features 114 residences and is approximately 214 feet high. The condominium homes range in size from 950 square feet for a two-bedroom to 2,700 square feet for a penthouse. Penthouses boast private roof decks and glass-walled solariums.

Interior finishes feature European cabinetry, hardwood and carpet flooring, Bosch and Viking kitchen appliances and granite countertops. Amenities include a full-timedoorman, concierge services, lobby and carousel parking for all residents. There are two finish options for penthouse and non-penthouse homes. There are no opportunities to upgrade or change the finishes beyond that.

Blu is sold out. It will be removed from the next report.

Address631 Folsom Street

Total Units114

Date on MarketMay 2008

Closings CommencedMay 2009

DeveloperMalcolm Properties;Lennar Urban

Average HOA Fees$650 - 900/month

Average Absorption2 units/month

Last Six Months Price/SF$1,050 (1 unit)

Sales status through March 2013

114 closed 0 in contract 0 available

Standard Monthly Reports - San Francisco - May 2013

Page 9: The Mark Company Standard Monthly Reports San Francisco · 2013. 6. 7. · Closed sales during March 2013 Unit Type SF Closing Price $/SF Closed Date 1208 3/2 1,221 $485,000 $397

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Candlestick CoveCandlestick Cove is located next to the San Francisco Executive Park and Bayview Park at the south end of the Bayview District. The development consists of 140 condominiums with five different floor plans.

Interior appointments include Whirlpool stainless steel appliances, granite slab countertops, Shaker-style natural beech cabinetry and Kohler fixtures. Homes featureattached two-car garages. Available homes are priced from approximately $550,000.

Address101 Executive Park Boulevard

Total Units140 (132 Market Rate)

Date on MarketOctober 2007

Closings CommencedOctober 2008

DeveloperSignature Properties

Average HOA Fees$448 - $575/month

Average Absorption<1 unit/month

Last Six Months Price/SF$377 (8 units)

Sales status through March 2013

72 closed 35 in contract 25 available

There were no closings reported during March 2013.

Standard Monthly Reports - San Francisco - May 2013

Page 10: The Mark Company Standard Monthly Reports San Francisco · 2013. 6. 7. · Closed sales during March 2013 Unit Type SF Closing Price $/SF Closed Date 1208 3/2 1,221 $485,000 $397

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Madrone (All Units In Contract)Madrone delivers beautifully executed homes on San Francisco’s south waterfront. Located in the heart of Mission Bay, Madrone offers easy access to some of the city’s finest restaurants and attractions, as well as public transportation and freeways.

The one-, two- and two-bedroom plus floor plans aredesigned to be spacious, comfortable and modern. Amenities include an outdoor pool and spa, sundeck, entertaining kitchen, fitness center, screening room and attended lobby. Interior finishes include CaesarStone slab countertops, Bosch dishwashers, European-inspired cabinetry, oak or maple hardwood flooring and Whirlpool washer and dryers.

Madrone sold out during the first quarter of 2013. It will be removed from the Currently Selling section once all units have closed or six months have passed without a closing reported.

Address345 China Basin Way

Total Units329

Date on MarketSeptember 2011

Closings CommencedAugust 2012

DeveloperBosa DevelopmentCorporation

Average HOA Fees$678 - $899/month

Average Absorption23 units/month

Last Six Months Price/SF$748 (167 units)

Sales status through March 2013

321 closed 8 in contract 0 available

Closed sales during March 2013

Unit Type SFClosing

Price$/SF

Closed Date

1602 2/2 1,492 n/a n/a 3/26/2013

207 2/2 1,315 $947,690 $721 3/15/2013

626 2/3 1,546 $1,250,000 $809 3/15/2013

1005 3/2 1,928 n/a n/a 3/12/2013

1008 2/2 1,361 n/a n/a 3/8/2013

326 2/2 1,342 n/a n/a 3/5/2013

Averages: 1,497 $1,098,845 $768

Standard Monthly Reports - San Francisco - May 2013

Page 11: The Mark Company Standard Monthly Reports San Francisco · 2013. 6. 7. · Closed sales during March 2013 Unit Type SF Closing Price $/SF Closed Date 1208 3/2 1,221 $485,000 $397

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MarlowMarlow is situated where the Pacific Heights, Nob Hill and Russian Hill neighborhoods come together. The one-, two- and three-bedroom homes are available in flat and townhome configurations.

Residence features natural walnut finished cabinetry, quartz countertops, porcelain backsplashes andtiling, air conditioning and balconies. Residents will have access to secured parking, an attended lobby andlandscaped courtyard.

Address1800 Van Ness Avenue, 1754 Clay Street

Total Units98

Date on MarketMarch 2013

Closings CommencedTBD

DeveloperOyster Development

Average HOA FeesTBD

Average Absorptionn/a

Last Six Months Price/SFn/a

Sales status through March 2013

0 closed 0 in contract 98 available

Standard Monthly Reports - San Francisco - May 2013

Page 12: The Mark Company Standard Monthly Reports San Francisco · 2013. 6. 7. · Closed sales during March 2013 Unit Type SF Closing Price $/SF Closed Date 1208 3/2 1,221 $485,000 $397

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Millennium Tower (All Units In Contract)Millennium Tower is located in the heart of San Francisco’s South of Market District. Residents are only steps away from The Embarcadero, Ferry Building, Chinatown, the SFMoMA, Yerba Buena Gardens and Union Square. The project features 419 homes andconsists of three collections of residences: The City Residences, The Residences and The Grand Residences. Each collection has its own elevator, lobby, homeowners association and selection of finishes.

Amenities include an outdoor garden, pool and spa, fitness center run by Sports Club/LA, private lounge with dining area and ground-level retail space. Interior finishes feature hardwood or Berber carpet flooring, Studio Becker cabinetry, marble or brown quartzitecountertops and kitchen appliances by Sub-Zero, Wolfe, Miele, GE, Bosch and U-Line.

All units are in contract at Millennium Tower. It will be removed from the Currently Selling section once all units have closed escrow or six months have passed without a closing reported.

Address301 Mission Street

Total Units419

Date on MarketNovember 2007

Closings CommencedApril 2009

DeveloperMillennium Partners

Average HOA Fees$774 - $1,750/month

Average Absorption7 units/month

Last Six Months Price/SF$1,095 (57 units)

Sales status through March 2013

407 closed 12 in contract 0 available

Closed sales during March 2013

Unit Type SFClosing

Price$/SF

Closed Date

29A 2/2 1,517 n/a n/a 3/29/2013

29E 2/2 1,714 n/a n/a 3/29/2013

30A 2/2 1,517 n/a n/a 3/29/2013

32A 2/2 1,517 n/a n/a 3/29/2013

6A 2/2 1,479 n/a n/a 3/29/2013

8A 2/2 1,478 n/a n/a 3/29/2013

41F 2/2 1,601 n/a n/a 3/26/2013

906 1/2 1,633 n/a n/a 3/25/2013

27A 2/2 1,517 n/a n/a 3/22/2013

39F 2/2 1,601 n/a n/a 3/22/2013

405 2/2 1,731 n/a n/a 3/22/2013

34A 2/2 1,517 n/a n/a 3/15/2013

4F 2/3 1,845 n/a n/a 3/15/2013

505 2/2 1,731 n/a n/a 3/15/2013

6E 2/2 1,136 n/a n/a 3/15/2013

PH3 1/2 1,350 n/a n/a 3/14/2013

4E 2/2 1,136 n/a n/a 3/13/2013

35A 2/2 1,517 n/a n/a 3/12/2013

35B 2/2 1,652 n/a n/a 3/11/2013

706 1/2 1,633 n/a n/a 3/11/2013

36C 2/2 2,170 n/a n/a 3/6/2013

27C 2/3 1,861 n/a n/a 3/5/2013

Averages: 1,584 n/a n/a

Standard Monthly Reports - San Francisco - May 2013

Page 13: The Mark Company Standard Monthly Reports San Francisco · 2013. 6. 7. · Closed sales during March 2013 Unit Type SF Closing Price $/SF Closed Date 1208 3/2 1,221 $485,000 $397

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One Hawthorne (Sold Out)A beautiful addition to the vibrant South of Market neighborhood, One Hawthorne is a boutique collection of luxury condominium residences. The central location provides homeowners with easy access to a range of cultural activities, restaurants, shopping, parks and transportation options.

The new 25-story building represents smart sophisticated living at its best and is a rare residential opportunity in a dynamic and desirable neighborhood. The generous array of amenities includes an attended lobby, fitness center and furnished rooftop deck with barbeque, dining and lounge facilities.

One Hawthorne is sold out and will be removed from the next report.

AddressOne Hawthorne Place

Total Units165

Date on MarketJanuary 2010

Closings CommencedJuly 2010

DeveloperJackson Pacific Hawthorne, LLC

Average HOA Fees~$500 - $720/month

Average AbsorptionInformation Unavailable

Last Six Months Price/SFInformation Unavailable

Standard Monthly Reports - San Francisco - May 2013

Page 14: The Mark Company Standard Monthly Reports San Francisco · 2013. 6. 7. · Closed sales during March 2013 Unit Type SF Closing Price $/SF Closed Date 1208 3/2 1,221 $485,000 $397

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One Rincon Hill (Sold Out)At over 50-stories tall, One Rincon Hill is one of the tallest residential developments west of the Mississippi River. The project include one-, two- and three-bedroom homes. Many of the homes have expansive views of downtown and the water.

The homes feature hardwood flooring, Italian cabinetry from Del Tongo, Sub-Zero refrigerators, Bosch stainless steel appliances and in-home laundry facilities. Amenities include a 24-hour doorman, concierge, high-speed Internet access, fitness center, hospitality room with catering kitchen, valet parking, full-size swimming pool and outdoor barbeque area with a fireplace.

The Phase II tower consists of 299 units and beganconstruction in July 2012. It is anticipated that the units will be for rent. Construction is expected to becompleted in summer 2014.

One Rincon Hill is sold out and will be removed from the next report.

Address425 First Street

Total Units390

Date on MarketJune 2006

Closings CommencedFebruary 2008

DeveloperUrban West Associates

Average HOA Fees$675 - $1,000/month

Average Absorption5 units/month

Last Six Months Price/SF$1,043 (10 units)

Sales status through March 2013

390 closed 0 in contract 0 available

Standard Monthly Reports - San Francisco - May 2013

Page 15: The Mark Company Standard Monthly Reports San Francisco · 2013. 6. 7. · Closed sales during March 2013 Unit Type SF Closing Price $/SF Closed Date 1208 3/2 1,221 $485,000 $397

ResalesThe following section contains closed resale information for sold out projects in Districts 7, 8 and 9 with 50+ units.

District 71817 California Street2200 Pacific AvenueBroadway TowersJackson TowersPacific PlacePacific Heights TowersThe Marina Chateau

District 81 Daniel Burnham Court1101 Lombard Street1080 Chestnut Street1101 Green Street1170 Sacramento Street1177 California Street1200 Gough Street1200 California Street1201 California Street1650 Jackson Street1776 Sacramento Street733 Front900 Bush Street999 Green StreetBook Concern BuildingEn VilleFontana TowersGolden Gateway CommonsLandmark CondominiumsMandarin TowersNorth Beach Malt HouseOpera PlazaParc TelegraphPine TerracePost InternationalTelegraph LandingThe ArtaniThe ClayThe ComstockThe Crown TowerThe HamiltonThe MarqueeThe Royal TowersThe SutterfieldVilla North Beach

Standard Monthly Reports - San Francisco - May 2013

District 9101 Valencia Street140 South Van Ness170 Off Third175 Bluxome18th & Arkansas199 New Montgomery200 Brannan200 Townsend235 Berry255 Berry411 Valencia88 TownsendArterraBaycrestBluxome PlaceBridgeViewClocktower LoftsCubix Yerba BuenaFour Seasons ResidencesFranklin SquareHawthorne PlaceHills PlazaMadroneMillennium TowerMint CollectionMuseum ParcOne HawthorneOne Rincon HillOriental WarehousePark Terrace at Mission BayPotrero CourtPotrero Square LoftsPortsideSecond Street TowersShipley SquareSierra HeightsSoma GrandSt. Regis ResidencesTowers at Embarcadero SouthThe BeaconThe BrannanThe Heublein BuildingThe InfinityThe LansingThe Metropolitan

The Mullen BuildingsThe PalmsThe PotreroUnionWatermarkVictoria MewsYerba Buena Lofts

Page 16: The Mark Company Standard Monthly Reports San Francisco · 2013. 6. 7. · Closed sales during March 2013 Unit Type SF Closing Price $/SF Closed Date 1208 3/2 1,221 $485,000 $397

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Closing Details - District 7Development Unit Type Size (SF) Closing Price $/SF Closing Date

1817 California 202 2/1.5 n/a $710,000 n/a 3/21/2013

1817 California 210 1/1 542 $485,000 $895 12/7/2012

1817 California 304 1/1.5 n/a $708,000 n/a 11/7/2012

2200 Pacific 11E 1/1 1,041 $885,000 $850 2/15/2013

2200 Pacific 6A 2/2 n/a $1,300,000 n/a 2/14/2012

2200 Pacific 5B 1/1.5 n/a $778,000 n/a 1/29/2013

2200 Pacific 9B 1/1.5 1,172 $830,000 $708 1/9/2013

Broadway Towers 1203 1/1 817 $725,000 $887 3/29/2013

Jackson Towers 702 1/1.5 n/a $620,000 n/a 3/20/2013

Jackson Towers 906 0/1 791 $460,000 $582 2/22/2013

Jackson Towers 1204 1/4 898 $822,500 $916 1/18/2013

Jackson Towers 1006 0/1 791 $510,000 $645 10/26/2012

Pacific Heights Towers 1404 1/2 n/a $1,050,000 n/a 2/28/2013

Pacific Heights Towers 607 2/2 1,000 $1,100,000 $1,100 11/8/2012

Pacific Place 803 2/2 1,109 $970,000 $875 12/18/2012

Pacific Plae 106 2/2 1,108 $810,000 $731 11/29/2012

Pacific Place 211 2/2 1,068 $848,000 $794 11/27/2012

Pacific Place 415 1/1 681 $607,000 $891 10/19/2012

Pacific Place 712 1/1 745 $635,000 $852 10/15/2012

Pacific Place 302 1/1 743 $625,000 $841 10/10/2012

Standard Monthly Reports - San Francisco - May 2013

Resale Summary - District 7 (October 2012 - March 2013)

Unit Type # of SalesAverage Size

(SF)Size Range (SF)

Average Closing Price

Price RangeAverage

$/SF

Studio / Jr. One Bedroom 2 791 791 $485,000 $460,000 - $510,000 $613

One Bedroom 12 830 542 - 1,172 $730,875 $485,000 - $1,050,000 $846

Two Bedroom 6 1,071 1,000 - 1,109 $956,333 $710,000 - $1,300,000 $870

Three (or more) Bedroom 0 n/a n/a n/a n/a n/a

Other (Unknown) 0 n/a n/a n/a n/a n/a

All Types 20 893 542 - 1,172 $773,925 $460,000 - $1,300,000 $825

Page 17: The Mark Company Standard Monthly Reports San Francisco · 2013. 6. 7. · Closed sales during March 2013 Unit Type SF Closing Price $/SF Closed Date 1208 3/2 1,221 $485,000 $397

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Closing Details - District 8Development Unit Type Size (SF) Closing Price $/SF Closing Date

1 Daniel Burnham Court 502 1/1 749 $575,000 $768 2/27/2013

1 Daniel Burnham Court 521 1/1 836 $560,000 $670 1/24/2013

1 Daniel Burnham Court 309 1/1 811 $464,000 $572 1/7/2013

1 Daniel Burnham Court 1106 1/1 750 $520,000 $693 12/31/2012

1 Daniel Burnham Court 810 1/1 829 $555,000 $669 12/14/2012

1 Daniel Burnham Court 1122 1/1 836 $530,000 $634 12/12/2012

1 Daniel Burnham Court 524 2/2 1,131 $630,000 $557 12/6/2012

101 Lombard Street 16E 1/1 789 $575,000 $729 2/15/2013

101 Lombard Street 317E 1/1 1,030 $534,900 $519 10/24/2012

1080 Chestnut Street (co-op) 11C 2/2 n/a $1,601,000 n/a 11/20/2012

1080 Chestnut Street (co-op) 8A 2/2 1,493 $1,780,000 $1,192 11/21/2012

1080 Chestnut Street (co-op) 2D 1/1.5 n/a $1,100,000 n/a 10/24/2012

1080 Chestnut Street (co-op) 7B 1/1.5 n/a $1,090,000 n/a 10/12/2012

1101 Green Street 301 1/1 919 $667,000 $726 2/13/2013

1177 California Street 1111 0/1 437 $378,000 $865 3/20/2013

1177 California Street 1002 0/1 511 $460,000 $900 2/5/2013

1177 California Street 924 2/2 1,653 $1,410,000 $853 12/20/2012

1177 California Street 319 1/1.5 1,089 $590,000 $542 12/6/2012

1177 California Street 1514 2/2.5 1,399 $950,000 $679 12/4/2012

1177 California Street 1704 1/1 645 $550,000 $853 11/27/2012

1177 California Street 511 0/1 437 $350,000 $801 11/9/2012

1177 California Street 206 0/1 411 $390,000 $949 11/7/2012

1200 California Street (co-op) 21A 1/1 1,450 $1,545,000 $1,066 12/21/2012

1200 California Street (co-op) 22A 1/1 1,450 $1,505,000 $1,038 12/18/2012

1200 California Street (co-op) 12D 1/2 1,850 $1,935,000 $1,046 12/11/2012

1201 California Street 1201 2/2 n/a $1,650,000 n/a 3/15/2013

1650 Jackson Street 301 1/1 843 $595,000 $706 10/16/2012

1776 Sacramento Street 405 2/2 1,091 $780,000 $715 1/31/2013

733 Front 213 1/1 832 $643,000 $773 2/19/2013

733 Front 201 1/1 909 $649,000 $714 1/31/2013

77 Van Ness 505 1/1 947 $640,000 $676 11/5/2012

900 Bush Street 1004 2/2 842 $575,000 $683 2/20/2013

900 Bush Street PH6 2/2 950 $725,000 $763 1/25/2013

900 Bush Street P7 2/2 1,195 $750,000 $628 1/15/2013

Standard Monthly Reports - San Francisco - May 2013

Resale Summary - District 8 (October 2012 - March 2013)

Unit Type # of SalesAverage Size

(SF)Size Range

(SF)Average

Closing PricePrice Range

Average $/SF

Studio / Jr. One Bedroom 15 493 411 - 623 $388,133 $300,000 - $525,000 $739

One Bedroom 43 851 575 - 1,450 $637,637 $425,000 - $1,545,000 $728

Two Bedroom 34 1,248 842 - 1,850 $1,082,346 $515,000 - $2,835,000 $805

Three (or more) Bedroom 7 1,709 991 - 2,263 $1,374,857 $450,000 - $2,300,000 $804

Other (Unknown) 0 n/a n/a n/a n/a n/a

All Types 99 1,003 411 - 2,263 $804,688 $300,000 - $2,835,000 $772

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Closing Details - District 8 (continued)Development Unit Type Size (SF) Closing Price $/SF Closing Date

900 Bush Street 512 1/1 876 $460,000 $525 11/6/2012

900 Bush Street 307 2/2 n/a $532,000 n/a 11/1/2012

900 Bush Street 818 1/1 648 $479,000 $739 10/25/2012

900 Bush Street 716 2/2 853 $515,000 $604 10/3/2012

999 Green 1401 2/2 1,300 $1,495,000 $1,150 2/12/2013

999 Green 2502 2/2 1,709 $1,850,000 $1,083 11/5/2012

En Ville 404 1/1 n/a $450,000 n/a 2/1/2013

Fontana Towers 1106 1/1 n/a $668,000 n/a 11/21/2012

Fontana Towers 1208 2/2 n/a $1,200,000 n/a 11/16/2012

Fontana Towers 1404 0/1 n/a $466,000 n/a 10/10/2012

Golden Gateway Commons 35 1/1 914 $1095000 $1,198 3/22/2013

Golden Gateway Commons 19 2/3 1,826 $1,700,000 $931 3/6/2013

Golden Gateway Commons 4 3/3 2,251 $1,895,000 $842 12/27/2012

Golden Gateway Commons 13 3/3 2,251 $2,150,000 $955 11/8/2012

Golden Gateway Commons 7 3/3 2,263 $2,300,000 $1,016 11/6/2012

Mandarin Tower 10D 3/2 991 $460,000 $464 11/9/2012

Mandarin Tower 6D 3/2 991 $450,000 $454 10/19/2012

North Beach Malt House 102 1/1.5 1,144 $707,000 $618 11/1/2012

North Beach Malt House 502 3/2 1,574 $1,415,000 $899 10/15/2012

Opera Plaza 525 2/2 882 $650,000 $737 3/28/2013

Opera Plaza 348 0/1 442 $315,000 $713 3/14/2013

Opera Plaza 904 1/1 743 $445,000 $599 2/28/2013

Opera Plaza 351 2/2 914 $530,000 $578 1/25/2013

Opera Plaza 503 1/1 743 $430,000 $579 1/18/2013

Opera Plaza 846 1/1 733 $427,000 $583 12/31/2012

Opera Plaza 752 1/1 755 $425,000 $563 12/28/2012

Opera Plaza 12 2/2 1,022 $585,000 $572 12/10/2012

Parc Telegraph 526 1/1 n/a $485000 n/a 2/28/2013

Parc Telegraph 712 1/1 622 $566,000 $910 12/27/2012

Parc Telegraph 428 1/1 586 $428,000 $730 12/14/2012

Parc Telegraph 714 2/2 1,541 $1,375,000 $892 11/9/2012

Parc Telegraph 506 1/1 n/a $515,000 n/a 11/5/2012

Pine Terrace 509 1/1 616 $490,000 $795 12/13/2012

Pine Terrace 512 0/1 450 $321,000 $713 11/21/2012

Post International 607 2/2 1,296 $852,750 $658 11/9/2012

Post International 906 2/2 1,290 $788,000 $611 10/23/2012

Post International 1003 2/2 1,192 $850,000 $713 10/17/2012

Symphony Towers T202 1/1 740 $530,000 $716 10/26/2012

Telegraph Landing 20 2/2 1,400 $818,000 $584 1/22/2013

Telegraph Landing 303 2/2 1,160 $695,000 $599 12/17/2012

Telegraph Landing 104 0/1 623 $477,000 $766 11/16/2012

Telegraph Landing 39 3/2.5 1,642 $954,000 $581 11/16/2012

Telegraph Landing 309 2/2 n/a $670,000 n/a 10/31/2012

Standard Monthly Reports - San Francisco - May 2013

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Closing Details - District 8 (continued)Development Unit Type Size (SF) Closing Price $/SF Closing Date

The Clay Hill 104 1/1 575 $570,000 $991 2/7/2013

The Hamilton 305 0/1 520 $335,000 $644 3/5/2013

The Hamilton 802 1/1 945 $429,000 $454 385/2013

The Hamilton 504 1/1 520 $340,000 $654 2/27/2013

The Hamilton 1007 0/1 520 $351,000 $675 11/16/2012

The Hamilton 1010 0/1 520 $300,000 $577 11/7/2012

The Marquee 708 1/1 n/a $850,000 n/a 10/18/2012

The Ritz-Carlton Residences 2202 2/2 1,374 $1,550,000 $1,128 2/8/2013

The Royal Towers (co-op) 2103 2/2.5 n/a $2,835,000 n/a 11/1/2012

The Sutterfield 817 2/2 1,024 $725,000 $708 2/3/2013

The Sutterfield 1001 1/1 1,050 $659,000 $628 12/28/2012

The Sutterfield 1702 1/1 650 $487,500 $750 12/13/2012

The Sutterfield 613 0/1 530 $361,000 $681 11/20/2012

Villa North Beach 201 2/2 1,098 $815,000 $751 10/26/2012

Standard Monthly Reports - San Francisco - May 2013

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Closing Details - District 9Development Unit Type Size (SF) Closing Price $/SF Closing Date

140 South Van Ness 426 1/1.5 830 $540,000 $651 3/18/2013

140 South Van Ness 705 1/1.5 830 $541,680 $653 2/2/2013

140 South Van Ness 1021 2/2 1,166 $680,000 $583 2/4/2013

140 South Van Ness 1102 1/1 710 $400,000 $563 1/28/2013

140 South Van Ness 440 2/2 1,115 $620,000 $556 12/12/2012

170 Off Third 436 1/1 755 $688,000 $911 3/28/2013

170 Off Third 325 2/2 905 $745,000 $823 2/22/2013

170 Off Third 422 2/2 1,025 $875,000 $854 1/23/2013

170 Off Third 926 1/1 659 $630,000 $956 1/17/2013

170 Off Third 825 2/2 1,020 $846,400 $830 1/15/2013

170 Off Third 335 1/1 815 $629,000 $772 12/13/2012

170 Off Third 709 1/1 690 $635,000 $920 11/15/2012

175 Bluxome 110 2/1.5 1,066 $490,000 $460 2/6/2013

175 Bluxome 125 1/1.5 n/a $599,000 n/a 1/31/2013

175 Bluxome 133 1/1.5 800 $485,000 $606 11/29/2012

199 New Montgomery 307 1/1 837 $600,000 $717 3/6/2013

199 New Montgomery 1208 1/1 653 $579,000 $887 11/20/2012

199 New Montgomery 1303 0/1 409 $449,000 $1,098 11/2/2012

199 New Montgomery 1501 2/2 971 $880,000 $906 11/2/2012

199 New Montgomery 306 1/1 787 $590,633 $750 10/17/2012

199 New Montgomery 401 2/2 1,019 $755,000 $741 10/5/2012

200 Brannan 41 1/1 644 $579,000 $899 1/25/2013

200 Brannan 435 2/2 1,754 $1,495,000 $852 11/9/2012

200 Brannan 215 1/1 796 $625,000 $785 10/2/2012

235 Berry 107 3/3 n/a $1,740,000 n/a 2/27/2013

235 Berry 416 2/2.5 1,610 $1,200,000 $745 12/28/2012

235 Berry 405 2/2 1,235 $945,000 $765 12/7/2012

235 Berry 704 2/2 1,000 $850,000 $850 10/19/2012

255 Berry 404 1/1 873 $710,000 $813 3/1/2013

255 Berry 608 3/3 2,293 $2,000,000 $872 2/20/2013

255 Berry 513 2/2 1,050 $810,000 $771 11/1/2012

829 Folsom 616 2/2 883 $800,000 $906 3/12/2013

829 Folsom 204 1/1 690 $585,000 $848 11/2/2012

88 Townsend 426 1/1 581 $519,000 $893 11/1/2012

888 7th Street 141 0/1 496 $401,000 $808 11/2/2012

Standard Monthly Reports - San Francisco - May 2013

Resale Summary - District 9 (October 2012 - March 2013)

Unit Type # of SalesAverage Size

(SF)Size Range

(SF)Average Closing

PricePrice Range

Average $/SF

Studio / Jr. One Bedroom 11 477 266 - 616 $411,364 $292,000 - $475,000 $863

One Bedroom 98 875 544 - 1,789 $703,276 $290,000 - $2,300,000 $814

Two Bedroom 125 1,236 601 - 2,180 $1,092,984 $270,000 - $3,850,000 $889

Three (or more) Bedroom 13 1,895 1,003 - 3,315 $2,526,385 $569,000 - $7,850,000 $1,368

Other (Unknown) 0 n/a n/a n/a n/a n/a

All Types 247 1,094 266 - 3,315 $983,450 $270,000 - $7,850,000 $907

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Closing Details - District 9 (continued)Development Unit Type Size (SF) Closing Price $/SF Closing Date

Arterra 113 1/1 909 $711,000 $782 3/21/2013

Arterra 420 1/1 660 $675,000 $1,023 3/5/2013

Arterra 615 1/1 739 $676,000 $915 2/13/2013

Arterra 1004 1/1 857 $740,000 $863 2/6/2013

Arterra 1204 1/1 851 $720,000 $846 12/7/2012

Arterra 908 2/2 1,027 $902,500 $879 10/31/2012

Arterra 446 2/2 1,205 $890,000 $739 10/30/2012

Arterra 112 1/1.5 888 $634,500 $715 10/18/2012

Baycrest 608 1/1 n/a $501,000 n/a 3/6/2013

Baycrest 127 2/2 1,077 $770,000 $715 1/31/2013

Baycrest 705 1/1 544 $469,000 $862 1/16/2013

Baycrest 125 1/1 n/a $485,000 n/a 12/27/2012

Baycrest 216 1/1 719 $470,000 $654 11/28/2012

Baycrest 1121 1/1 661 $522,500 $790 11/15/2012

Baycrest 208 2/2 1,772 $1,200,000 $677 10/4/2012

Blu 4D 2/2 1230 $999,000 $812 3/20/2013

Blu 8C 2/2 1,054 $849,000 $806 2/21/2013

Blu 9A 2/2 1,136 $1,035,000 $911 2/8/2013

Bluxome Place 403 1/2 1,583 $1,295,000 $818 3/5/2013

Bridgeview 509 1/1 725 $650,000 $897 3/12/2013

Bridgeview 1405 1/1 828 $601,000 $726 12/28/2012

Bridgeview 1001 2/2 1,223 $875,000 $715 12/28/2012

Bridgeview 1211 2/2 990 $805,000 $813 12/11/2012

Bridgeview 1113 1/1 854 $680,000 $796 12/6/2012

Bridgeview 609 1/1 725 $635,000 $876 11/9/2012

Bridgeview 911 2/2 990 $746,000 $754 11/9/2012

Clocktower Lofts C227 1/1 n/a $755,000 n/a 3/26/2013

Clocktower Lofts 461T 1/2 1,789 $950,000 $531 11/7/2012

Clocktower Lofts C102 2/2 1,635 $1,030,000 $630 10/19/2012

Clocktower Lofts C111 1/1 778 $565,000 $726 10/17/2012

Cubix Yerba Buena 214 0/1 266 $292,000 $1,098 3/13/2013

Cubix Yerba Buena 610 0/1 292 $320,000 $1,096 2/21/2013

Four Seasons Residences 32H 2/2.5 1,400 $2,025,000 $1,446 1/23/2013

Four Seasons Residences 33E 2/2.5 1,455 $1,925,000 $1,323 12/18/2012

Franklin Square 112 1/2 889 $515,000 $579 1/15/2013

Hills Plaza 805 1/1 804 $599,000 $745 3/22/2013

Hills Plaza 1401 1/1 844 $625,000 $741 3/19/2013

Hills Plaza 1007 1/1 1,046 $850,000 $813 2/8/2013

Homes on Esprit Park 114 1/2 1,244 $775,000 $623 1/3/2013

Madrone 332 2/2 1,237 $1,050,000 $849 1/18/2013

Millennium Tower 25C 1/1 833 $1,160,000 $1,393 3/29/2013

Millennium Tower 12J 2/2 1,207 $1,195,000 $990 3/26/2013

Millennium Tower 302 1/1.75 1,733 $2,300,000 $1,327 2/14/2013

Millennium Tower 1005 1/2 1,728 $2,130,000 $1,233 2/7/2013

Standard Monthly Reports - San Francisco - May 2013

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Closing Details - District 9 (continued)Development Unit Type Size (SF) Closing Price $/SF Closing Date

Millennium Tower 48C 2/3.5 2,180 $3,850,000 $1,766 1/29/2013

Millennium Tower 42A 2/2 1,517 $1,731,000 $1,141 1/15/2013

Millennium Tower 21H 1/1 666 $735,000 $1,104 1/2/2013

Millennium Tower 36E 2/2 1,714 $2,380,000 $1,389 12/28/2012

Millennium Tower 51B 3/2.5 3,315 $7,850,000 $2,368 12/28/2012

Millennium Tower 506 1/2 1,633 $1,215,000 $744 12/21/2012

Millennium Tower 54A 3/3 2,706 $4,300,000 $1,589 11/20/2012

Millennium Tower 15H 1/1 773 $820,000 $1,061 11/15/2012

Millennium Tower 48F 2/2 1,605 $2,200,000 $1,371 11/2/2012

Millwheel South 304 3/2 1,450 $850,000 $586 1/31/2013

Mint Collection 603 2/1 1,107 $675,000 $610 10/5/2012

Museum Parc 619 2/2 1,387 $950,000 $685 3/5/2013

Museum Parc 714 1/1 807 $610,000 $756 2/2/2013

Museum Parc 1203 0/1 478 $450,000 $941 11/30/2012

Museum Parc 1105 1/1 807 $635,000 $787 10/18/2012

One Ecker 209 1/1 896 $640,000 $714 2/1/2013

One Ecker 204 2/2 1,048 $755,000 $720 1/26/2013

One Hawthorne 20F 2/2 1,381 $1,530,000 $1,108 1/18/2013

One Hawthorne 4B 0/1 524 $475,000 $906 12/28/2012

One Hawthorne 10G 1/1 915 $760,000 $831 12/28/2012

One Hawthorne 11A 1/1 915 $805,000 $880 11/19/2012

One Hawthorne 6G 1/1 852 $690,000 $810 10/23/2012

One Hawthorne 11F 2/2 1,395 $1,275,000 $914 10/1/2012

One Rincon Hill 3808 1/1 755 $860,000 $1,139 3/21/2013

One Rincon Hill 3707 1/1 819 $839,000 $1,024 3/13/2013

One Rincon Hill 4508 1/1 755 $865,000 $1,146 3/12/2013

One Rincon Hill 3103 2/2 1,289 $1,265,000 $981 3/9/2013

One Rincon Hill 4403 2/2 1,278 $1,329,000 $1,040 2/26/2013

One Rincon Hill 1304 1/1 605 $528,000 $873 2/7/2013

One Rincon Hill 2501 1/1 837 $775,000 $926 12/31/2012

One Rincon Hill 2203 2/2 1,278 $1,200,000 $939 11/29/2012

One Rincon Hill 2403 2/2 1,287 $1,120,000 $870 11/9/2012

One Rincon Hill 2702 2/2 1,309 $1,405,000 $1,073 11/2/2012

One Rincon Hill 3908 1/1 755 $770,000 $1,020 11/2/2012

Oriental Warehouse 411 1/2 1,430 $998,000 $698 2/5/2013

Oriental Warehouse 416 2/2 1,259 $1,069,000 $849 2/5/2013

Oriental Warehouse 308 1/2 1,410 $940,000 $667 1/8/2013

Oriental Warehouse 208 2/2 1,572 $1,300,000 $827 12/18/2012

Oriental Warehouse 205 2/2 1,565 $1,249,000 $798 11/27/2012

Park Terrace 514 1/1 853 $625,000 $733 12/20/2012

Park Terrace 328 2/2 1,660 $1,350,000 $813 12/7/2012

Park Terrace 602 1/1 1,117 $702,000 $628 10/3/2012

Portside 820N 2/2 1,083 $975,000 $900 3/5/2013

Portside 606N 1/1 912 $569,000 $612 11/1/2012

Portside 711N 2/2 1,196 $850,000 $711 10/19/2012

Standard Monthly Reports - San Francisco - May 2013

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Closing Details - District 9 (continued)Development Unit Type Size (SF) Closing Price $/SF Closing Date

Portside 111N 2/2 1,196 $749,000 $626 10/18/2012

Potrero Court 308 2/2 995 $547,000 $550 3/27/2013

Potrero Court 126 2/1 601 $270,000 $449 3/8/2013

Potrero Court 320 1/1 602 $290,000 $482 1/10/2013

Potrero Court 305 2/1 809 $501,000 $619 12/21/2012

Potrero Court 18 3/2 1,003 $569,000 $567 11/1/2012

Potrero Square Lofts 202 2/1 1,007 $725,000 $720 3/21/2013

Potrero Square Lofts 208 2/2 1,570 $930,000 $592 1/11/2013

Radiance at Mission Bay 202 1/1 918 $715,000 $779 2/22/2013

Radiance at Mission Bay 509 1/1 1,055 $839,000 $795 1/18/2013

Second Street Towers 1208 1/1 670 $650,000 $970 3/19/2013

Second Street Towers 1306 2/2 1,101 $880,000 $799 11/16/2012

Second Street Towers 1403 2/2 1,097 $886,000 $808 11/7/2012

Second Street Towers 1006 2/2 1,101 $820,000 $745 10/16/2012

Shipley Square 314 2/2 1,105 $850,000 $769 3/1/2013

Shipley Square 515 2/2 1,074 $840,000 $782 10/31/2012

Sierra Heights 305E 2/2 n/a $675,000 n/a 3/12/2013

Soma Grand 1806 2/2 1,412 $1,198,000 $848 2/28/2013

Soma Grand 1703 1/1 767 $628,500 $819 1/11/2013

Soma Grand 906 2/2 1,412 $990,000 $701 1/11/2013

Soma Grand 1606 2/2 1,146 $1,199,000 $1,046 10/11/2012

St. Regis Residences 25F 2/2.5 1,527 $1,930,000 $1,264 1/11/2013

St. Regis Residences 33A 3/3 2,027 $3,500,000 $1,727 1/11/2013

St. Regis Residences 29C 2/2.5 1,670 $2,150,000 $1,287 12/31/2012

St. Regis Residences 27A 3/3 2,027 $2,810,000 $1,386 11/28/2012

St. Regis Residences 25D 2/2.5 1,792 $3,300,000 $1,842 11/21/2012

The Beacon 449 2/2 1,231 $815,000 $662 3/29/2013

The Beacon 687 2/2 1,344 $1,000,000 $744 3/22/2013

The Beacon 645 1/1 740 $589,000 $796 3/15/2013

The Beacon 362 1/1 672 $485,000 $722 2/5/2013

The Beacon 1601 1/1 832 $750,000 $901 1/10/2013

The Beacon 904 0/1 587 $438,000 $746 11/20/2012

The Beacon 1605 2/2 1,488 $1,160,000 $780 11/9/2012

The Beacon 665 2/2 1,083 $705,000 $651 11/8/2012

The Beacon 719 0/1 600 $380,000 $633 11/7/2012

The Beacon 902 2/2 1,476 $920,000 $623 10/29/2012

The Beacon 742 0/1 616 $405,000 $657 10/5/2012

The Beacon 1616 2/2 1,420 $1,405,000 $989 10/1/2012

The Brannan 2C 1/1 1,047 $855,000 $817 3/22/2013

The Brannan 3A 2/2 1,220 $1,100,000 $910 2/7/2013

The Brannan 3A 2/2 1,279 $1,175,000 $919 1/28/2013

The Brannan 8J 2/2 1,412 $1,250,000 $885 1/8/2013

Standard Monthly Reports - San Francisco - May 2013

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Closing Details - District 9 (continued)Development Unit Type Size (SF) Closing Price $/SF Closing Date

The Brannan 6E 2/2 1,063 $1,050,000 $988 12/31/2012

The Brannan 9K 2/2 1,224 $1,085,000 $886 11/30/2012

The Brannan 14K 2/2 1,224 $1,238,625 $1,012 11/9/2012

The Brannan 3A 2/2 1,486 $1,350,000 $908 11/2/2012

The Brannan 4E 2/2 1,139 $850,000 $746 10/26/2012

The Brannan 15C 1/1.5 899 $840,000 $934 10/10/2012

The Embarcadero Lofts 314 1/1 955 $581,500 $609 11/23/2012

The Heublein Building 306 1/1 1,056 $677,000 $641 12/5/2012

The Heublein Building 308 1/1 1,485 $800,000 $539 10/24/2012

The Infinity 27A 2/2 1,163 $1,200,000 $1,032 3/15/2013

The Infinity 17H 2/2 1,317 $1,350,000 $1,025 3/14/2013

The Infinity 4K 1/1 832 $789,000 $948 3/12/2013

The Infinity 5A 2/2 1,163 $1,002,000 $862 3/11/2013

The Infinity 7C 2/2 1,752 $1,310,000 $748 3/7/2013

The Infinity 22H 2/2 1,323 $1,208,025 $913 2/6/2013

The Infinity 39C 3/3 1,800 $3,000,000 $1,667 1/17/2013

The Infinity 6D 2/2 1,394 $1,220,000 $875 12/28/2012

The Infinity 40E 2/2 1,530 $1,800,000 $1,176 12/28/2012

The Infinity 22E 2/2 1,163 $1,060,000 $911 12/20/2012

The Infinity 26F 2/2 1,307 $1,451,000 $1,110 12/20/2012

The Infinity 20D 2/2 1,193 $1,410,000 $1,182 12/3/2012

The Infinity 15F 2/2 1,307 $1,140,000 $872 11/30/2012

The Infinity 19F 2/2 1,307 $1,390,000 $1,064 11/21/2012

The Infinity 5L 2/1 843 $729,000 $865 11/19/2012

The Infinity 2A 1/1.5 1,090 $750,000 $688 11/14/2012

The Infinity 21G 1/1 806 $708,000 $878 10/25/2012

The Infinity 4F 1/1 899 $720,000 $801 10/25/2012

The Infinity 34C 3/3 1,748 $2,135,000 $1,221 10/11/2012

The Infinity 20A 2/2 1,182 $1,020,000 $863 10/5/2012

The Infinity 8D 3/2 1,279 $1,239,000 $969 10/4/2012

The Lansing 101 1/1 803 $615,000 $766 2/12/2013

The Lansing 406 2/2 1,066 $825,000 $774 1/25/2013

The Lansing 301 2/2 1,202 $825,000 $686 10/12/2012

The Lansing 407 2/2 1,167 $830,000 $711 10/10/2012

The Metropolitan 2007 2/2 1,166 $1,210,000 $1,038 3/8/2013

The Metropolitan 1404 2/2 1,071 $917,000 $856 2/4/2013

The Metropolitan 1106 1/1 691 $599,000 $867 12/31/2012

The Metropolitan S509 2/2 1,142 $800,000 $701 12/17/2012

The Metropolitan S607 2/2 1,034 $829,000 $802 12/13/2012

The Metropolitan 503 1/1 629 $519,000 $825 12/11/2012

Standard Monthly Reports - San Francisco - May 2013

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Closing Details - District 9 (continued)Development Unit Type Size (SF) Closing Price $/SF Closing Date

The Metropolitan 205 1/1 673 $518,000 $770 11/28/2012

The Metropolitan 1207 2/2 1,034 $845,000 $817 11/19/2012

The Metropolitan 1604 1/1 691 $630,000 $912 11/1/2012

The Montgomery 612 1/1 832 $765,000 $919 3/22/2013

The Montgomery 509 0/1 486 $457,500 $941 2/27/2013

The Montgomery 511 0/1 489 $457,500 $936 1/25/2013

The Montgomery 407 1/1 699 $595,000 $851 11/7/2012

The Mullen Buildings 301 2/2 1,340 $800,000 $597 10/25/2012

The Palms 613 2/2 1,180 $957,500 $811 3/15/2013

The Palms 614 1/1 721 $615,000 $853 3/1/2013

The Palms 703 2/2 981 $838,000 $854 2/28/2013

The Palms 441 1/1 694 $535,000 $771 12/28/2012

The Palms 603 2/2 981 $755,000 $770 12/19/2012

The Palms 841 2/2.5 1,026 $879,000 $857 11/30/2012

The Palms 440 1/1 757 $551,800 $729 11/5/2012

The Palms 742 1/1 699 $595,000 $851 10/25/2012

The Palms 536 1/1 720 $500,000 $694 10/2/2012

The Potrero 491 2/2 932 $756,000 $811 10/12/2012

Towers at Embarcadero South 501 2/2 1,319 $1,448,000 $1,098 3/27/2013

Towers at Embarcadero South 401 2/2 1,059 $880,000 $831 2/28/2013

Towers at Embarcadero South 109 2/2.5 1,305 $920,000 $705 2/19/2013

Towers at Embarcadero South 1120 2/2 1,165 $1,325,000 $1,137 1/24/2013

Towers at Embarcadero South 608 2/2 1,146 $880,000 $768 1/23/2013

Towers at Embarcadero South 1406 2/2 1,165 $995,000 $854 12/5/2012

Towers at Embarcadero South 711 2/2 1,242 $1,059,000 $853 11/29/2012

Union 305 3/3 1,732 $1,250,000 $722 3/26/2013

Union 317 1/1 1,039 $750,000 $722 3/15/2013

Union 102 1/1 782 $626,626 $801 11/28/2012

Victoria Mews 665 Carolina 2/2 1,175 $747,000 $636 12/28/2012

Victoria Mews 566 Wisconsin 2/2 1,150 $875,000 $761 11/2/2012

Watermark 8B 2/2 1,019 $980,000 $962 3/12/2013

Watermark 5A 2/2 1,160 $1,050,000 $905 3/1/2013

Watermark 5G 2/2 1,037 $838,000 $808 2/28/2013

Watermark 17F 2/2 1,128 $1,170,000 $1,037 2/14/2013

Watermark 7D 2/2 1,259 $925,000 $735 1/18/2013

Watermark 19G 3/2 1,362 $1,600,000 $1,175 1/3/2013

Watermark 21F 2/2 1,128 $1,025,000 $909 10/18/2012

Yerba Buena Lofts 340 1/1.5 n/a $699,000 n/a 3/7/2013

Yerba Buena Lofts 701 1/1 n/a $375,349 n/a 11/7/2012

Yerba Buena Lofts 736 1/1.5 1,012 $776,000 $751 10/25/2012

Yerba Buena Lofts 735 2/2 n/a $850,000 n/a 10/19/2012

Standard Monthly Reports - San Francisco - May 2013

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San Francisco PipelineCurrently SellingUnder ConstructionFuture ApprovedUnder ReviewConceptual Planning

Standard Monthly Reports - San Francisco - May 2013

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Currently Selling Developments

Development Developer/Owner NeighborhoodDate on Market

Product Type

Total Market Rate Available/

Total Market Rate

Marlow - 1800 Van Ness Avenue, 1754 Clay Street

Oyster Development Nob Hill March 2013 Condominiums 98 / 98

829 Folsom FORMA South of Market Jan 2009 Condominiums 8 / 69

Candlestick Cove Signature Properties District 10 Oct 2007 Condominiums 25 / 132

Total Market Rate Condominium & Townhome Units: 131 / 299

Under Construction Developments

Development Developer/Owner NeighborhoodMarketing to Commence

Product Type

Total Units

Linea - 1960-1998 Market Street Brier SpiersEureka Valley/Dolores Heights

Summer 2013 Condominiums 115

300 Ivy (Opened May 2013) Ivy Grove Partners, LLC Hayes Valley May 2013 Condominiums 63

Blanc - 1080 Sutter Street JS Sullivan Development Downtown October 2013 Condominiums 35

Millwheel North - 1275 Indiana Street The R Group Central Waterfront Spring 2014 Condominiums 39

2200,2210 Market Street Leticia Luna Duboce Triangle TBD Condominiums 22

8Octavia DM Development;DDG Partners Hayes Valley 2014 Condominiums 49

870 Harrison Street JS Sullivan Development South of Market 2014 Condominiums 26

1645-1661 Pacific Avenue Nick Podell Company Nob Hill 2014+ Condominiums 50

Parcel 12 - Mission Bay Bosa Development Corporation Mission Bay 2014+ Condominiums 267

Onyx - 1717 17th Street LNF Partners; Peter & Elizabeth Meier Potrero Hill 2014 Condominiums 43

Pacific Terrace - 1591 Pacific (aka1946 Polk Street)

Wilson Meany Sullivan Nob Hill 2013 Rental 41

2001 Market Street; 38 Dolores Street The Prado Group Mission Dolores 2013+ Rental 82

333 Fremont Street City-Core Development South Beach 2013+ Rental 88

The Lofts at Seven - 277 Golden Gate Avenue Dolmen Property Group Tenderloin Summer 2013 Rental 88

260 5th Street Essex Property Trust South of Market 2014 Rental 182

1844 Market Street MacFarlane Partners Hayes Valley Summer 2013 Rental 113

2121 3rd Street, 740 Ilinois Street Mission Piers Development, LLC Central Waterfront 2013+ Rental 106

1285 Sutter Street, 1251290 Van Ness Avenue Gerding Edlen Van Ness/Civic Center 2013 Rental 107

Venue (Mission Bay South Parcel 3) - 1155 4th Street

Summerhill Homes Mission Bay Sept 2013 Rental 147

Mission Gardens - 1880 Mission Street, 71 Julian Avenue

Avant Housing Mission Spring 2013 Rental 202

Parcel 13 West - Mission Bay Equity Residential Mission Bay 2013+ Rental 257

55 9th Street AvalonBay South of Market 2014 Rental 273

900 Folsom Street Essex Property Trust South of Market 2014 Rental 281

185 Channel Street (Mission Bay Parcel 2) United Dominion Realty Trust Mission Bay Late 2013 Rental 315

45 Lansing Street Crescent Heights South Beach 2014+ Rental 320

One Rincon Hill Phase II Principal Global Investors South Beach Summer 2014 Rental 299

Trinity Place Apartments Phase II - 1188-1190 Mission Street

Trinity Properties South of Market Summer 2013 Rental 418

NeMa - 1401-1411 Market Street Crescent Heights South of Market 2014 Rental 754

Total Condominium Units Under Construction: 709

Total Rental Units Under Construction: 4,073

Grand Total Units Under Construction: 4,782

Standard Monthly Reports - San Francisco - May 2013

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Future Approved Projects

Development Developer/Owner NeighborhoodProduct Type

Total Units Proposed

1255-1275 Columbus Street Divisadero Hayes, LLC Russian Hill Condominiums 20

1501-1527 Filbert Street, 2559 Van Ness Avenue 1501 Filbert, LLC Cow Hollow Condominiums 27

1000-1004 Mississippi Street 1000 Mississippi Street Investors Potrero Hill Condominiums 28

Mt. Sutro Townhomes TBD Mount Sutro Condominiums 34

1868 Van Ness Avenue JS Sullivan Nob Hill Condominiums 35

1501 15th Street JS Sullivan Mission Condominiums 40

300 Grant Avenue Madison Marquette Financial District Condominiums 45

570 Jessie Avenue 570 Jessie Avenue, LLC South of Market Condominiums 47

35 Dolores Street Bill Lightner Mission Dolores Condominiums 47

2800 Sloat Boulevard (Roberts Motel Site) (On Hold) Kieran O’Carroll Outer Parkside Condominiums 55

1581 Bush Street; 1450 Franklin Street Pacific Heights Franklin Partners Lower Pacific Heights Condominiums 69

181 Fremont Street TBD (For sale) South of Market Condominiums 74

1527, 1545 Pine Street TBD Civic Center/Van Ness Condominiums 74

2558 Mission Street Oyster Development Mission Condominiums 114

325 Fremont Street325 Fremont Street Prop; J. Reilly; J. Robinson

South Beach Condominiums 119

Hunters Point Phase I (Parcel A) - Section 1 Lennar/BVHP District 10 Condominiums 82

2655 Bush Street 2655 Bush, LLC Lower Pacific Heights Condominiums 83

8 Washington Street Pacific Waterfront Partners, LLC Financial District Condominiums 70

800 Brotherhood Way Mission Development Group District 3 Condominiums 127

5800 Third Street - Phase II Holliday Development District 10 Condominiums 200

Candlestick Cove (remaining phases) Signature Properties District 10 Condominiums 226

Fox Plaza - 1390 Market Street (On Hold) Presidio Development Partners; TBD Tenderloin Condominiums 230

Parcel 12 - Mission Bay Bosa Development Mission Bay Condominiums 273

41 Tehama Street Fritzi Realty South of Market Condominiums 325

Block 8 - 1st & Folsom (NEC) TBD South Beach Condominiums TBD

Block 9 - 1st & Folsom (NWC) TBD South Beach Condominiums 580

201 Folsom Street Tishman Speyer South Beach Condominiums 675

Hunters Point (Parcel A) - Remaining Phases Lennar; BVHP District 10 Condominiums 830

One Capitol Avenue TBD District 10 SFD 28

2652 Harrison Street TBD Mission TBD 30

One Franklin Street TBD Van Ness/Civic Center TBD 35

345 6th Street LJ-SF Investment South of Market TBD 36

1863-1875 Mission Street TBD Mission TBD 38

875 Post Street TBD Downtown TBD 50

5050 Mission Street TBD District 10 TBD 61

245 Hyde Street AF Evans Tenderloin TBD 65

527 Stevenson Street TBD South of Market TBD 67

490 South Van Ness Avenue JCN Development (Shamrock Realty) Mission TBD 81

101 Hyde Street TBD Tenderloin TBD 85

363 6th Street TBD South of Market TBD 87

1006 16th Street TBD South of Market TBD 393

Transbay Block 6/7 (Market Rate portion) - Folsom between Beale & Fremont

Golub & Company South of Market TBD 406

Park Merced - 3711 19th Avenue Stellar Management; Rockpoint Group District 3-Southwest TBD 5,677

Hunters Point/Naval Shipyard/Candlestick Point Phase I Lennar District 10 TBD 9,000

Treasure Island T.I. Communit Development LLC Treasure Island TBD 8,619

344 Fulton Street Strada Development Hayes Valley TBD 69

181 Turk Street; 180 Jones Street Gabriel Ng & Associates Tenderloin Rental 32

1622-1650 Broadway TBD Pacific Heights Rental 34

Standard Monthly Reports - San Francisco - May 2013

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Future Approved Projects - continued

Development Developer/Owner Neighborhood Product TypeTotal Units Proposed

72 Townsend Street Simeon Properties South Beach Rental 74

1415 Mission Street The Martin Building Company South of Market Rental 121

430 Main Street; 429 Beale Street Portland-Pacific, LLC South Beach Rental 113

746 Laguna Street; 555 Fulton Street Trust for Children of Henry Wong Hayes Valley Rental 136

Parcel 11 - Mission Bay BRE Properties Mission Bay Rental 170

Hayes Valley Parcel P BUILD, Inc.; AvalonBay Hayes Valley Rental 182

South Parcel 5 - Mission Bay BRE Properties Mission Bay Rental 198

One Henry Adams Bay West Garden Court, LLC South of Market Rental 239

340 Fremont Street Jackson Pacific Ventures, LLC; TBD South Beach Rental 384

100 Van Ness Avenue (AAA Building) Emerald Fund Civic Center/Van Ness Rental 399

8th & Harrison - 350 8th Street TBD (likely AvalonBay Communities) South of Market Rental 416

Daggett Place - 1000 16th Street TBD (likely Equity Residential) Potrero Hill Rental 470

Echelon - 375-399 Fremont Street OliverMacMillan; United Dominion Realty South Beach Rental 452

Block 9 - 1st & Folsom Avant Housing; Essex Property Trust South Beach Rental 580

Hunters Point - Phase I Lennar; BVHP District 10 Rental 600

Trinity Plaza Apartments Phase III:1169-1177 Market Street

Trinity Properties South of Market Rental 1,020

Total Condominium and Townhome Units Approved: 3,488

Total Condominium and Townhome Units Approved - On Hold: 285

Total Approved TBD Units: 24,730

Total Approved Rental Units: 5,689

Grand Total of Units Approved: 34,192

Standard Monthly Reports - San Francisco - May 2013

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Projects Under Review

Development Developer/Owner NeighborhoodProduct Type

Total Units Proposed

450 Hayes Street DM Development; DDG Partners Hayes Valley Condominiums 50

935 Folsom Street Spring Capital Group South of Market Condominiums 69

The Fairmont Tower - 950 Mason Street TBD Nob Hill Condominiums 160

75 Howard Street Paramount Group South Beach Condominiums 186

706 Mission Street JMA Ventures, LLC; Millennium Partners South of Market Condominiums 185

Pine & Franklin: 1634-1690 Pine Street Oyster Development Van Ness/Civic Center Condominiums 250

2353 Lombard Street TBD Marina TBD 21

471 Fulton Street TBD Hayes Valley TBD 24

1433 Bush Street TBD Van Ness/Civic Center TBD 26

832 Sutter Street TBD Downtown TBD 27

2100 Mission Street TBD District 10 TBD 29

1301 Divisadero Street TBD Western Addition TBD 32

5400 Geary Boulevard; 369 18th Avenue TBD Central Richmond TBD 39

651 Geary Boulevard TBD Tenderloin TBD 40

200-214 6th Street TBD South of Market TBD 50

346 Potrero Avenue TBD Potrero Hill TBD 75

480 Potrero Avenue TBD Potrero Hill TBD 88

19-25 Mason Street; 2-16 Turk Street TBD Tenderloin TBD 110

100 Buchanan Street TBD Hayes Valley TBD 116

114 7th Street TBD South of Market TBD 119

101 Polk Street TBD Tenderloin TBD 163

1540 Market Street (Market & Van Ness) California Mortgage & Realty Van Ness/Civic Center TBD 180

218 Buchanan Street TBD Hayes Valley TBD 191

901 16th Street TBD Potrero Hill TBD 200

1321 Mission Street Patrick Kennedy/Panoramic Interests South of Market Rental 180

2175 Market Street Forest City ResidentialEureka Valley/Dolores Heights

Rental 88

Total Condominium and Townhome Units Under Review: 900

Total TBD Units Under Review: 1,547

Total Rental Units Under Review: 268

Grand Total Units Under Review: 2,715

Standard Monthly Reports - San Francisco - May 2013

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Standard Monthly Reports - San Francisco - May 2013

Conceptual Planning

Development Developer/Owner NeighborhoodProduct Type

Total Units Proposed

400 Grove Street DM Development; DDG Partners Hayes Valley Condominiums 35

364 Potero Trumark Companies Potrero Hill Condominiums 80

645 Texas Trumark Companies Potrero Hill Condominiums 101

2550 Van Ness Avenue Property Markets Group Russian Hill Condominiums 109

1554 Market Street Trumark Companies Civic Center/Van Ness Condominiums 110

The Tower at Nob Hill - 1533 Pine Street Trumark Companies Civic Center/Van Ness Condominiums 123

Piers 30-32 (Warriors Arena) & Adjacent Site Golden State Warriors South Beach Condominiums 125

Arden Woods - 19th Avenue & Wawona Street Republic Urban Properties District 4 Condominiums 200

160 Folsom Street TBD South Beach Condominiums TBD

966-974 Market Street TBD Tenderloin TBD 255

1155 Page Street TBD Haight Ashbury TBD 36

Glen Park Bart Station TOD TBD Glen Park TBD 100

1950 Mission Street TBD Mission TBD 181

Japan Center Mixed-Use TBD Lower Pacific Heights TBD 200

Harrison Street Towers Cresleigh Development South of Market TBD TBD (406,000 SF)

7th Avenue & Lawton Street TBD Inner Sunset TBD 413

UCSF Laurel Heights Campus - 3333 California Street TBD Jordan Park/Laurel Heights TBD TBD (500-700)

Goodwill Site - Mission & Van Ness Avenue TBD South of Market TBD 800

Pier 70 Redevelopment Forest City Residential Central Waterfront TBD 1,000

Schlage Lock Site - Leland Avenue & Bayshore Boulevard Universal Paragon Corporation District 10 TBD 1,200

524 Howard Street Crescent Heights South of Market TBD TBD

700 Font Street TBD District 3 TBD TBD

104 9th Street Panoramic Interests South of MarketRental(Student)

200

1125 Market Street MacFarlane Partners Mid-Market Rental TBD

800 Illinois Street TBD Central Waterfront Rental 350

1201 Tennessee Street Avant Housing Central Waterfront Rental 300

801 Brannan Street Equity Residential South of Market Rental 435

Total Condominium and Townhome Units in Conceptual Planning: 883

Total TBD Units in Conceptual Planning: 4,510

Total Rental Units in Conceptual Planning: 1,285

Grand Total Units in Conceptual Planning: 6,678

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The Mark Company (TMC)Disclaimer

1.

2.

Professional Opinion. With regard to the consulting services, reports, projections, and recommendations to be provided by TMC under the Agreement, whether delivered orally or in writing, the parties acknowledge that the matters on which TMC is consulted [e.g., assessing potential competition, market trends, demographic trends, financing availability, and the like] are not the subject of a predictive science, and are instead subject to unforeseen market variables and conditions. Client therefore understands and acknowledges that TMC’s projections and recommendations as contemplated by the agreement are solely the result of TMC’s considered opinion based on TMC’s assumptions and judgments predicated on past experience in light of the relevant data studied with respect to the market conditions and the proposed project. Consequently, Client specifically agrees (a) that TMC’s projections and recommendations constitute opinions only and do not constitute any representation or assurance of any future market conditions; (b) that any action taken by Client based on any such TMC projections or recommendations is made without any reliance thereon as a representation or assurance as to any future market conditions; and (c) that Client will not hold TMC liable or otherwise responsible for any losses occurring in the event that future market conditions deviate from TMC’s projections and/or recommendations.

Use of Product. All information, data, projections, and recommendations received by Client from TMC in connection with the Agreement, whether presented orally or in writing, shall be solely for use by Client, and is/are not to be used or relied upon by any third party[ies] without the prior written approval of TMC having been first had and obtained. TMC specifically disclaims any and all liability to any third party[ies] deriving from the use of, or reliance upon, any such material, and Client agrees to hold harmless, indemnify and defend TMC from any claims arising from any such use or reliance.