The San Francisco call., 1908-05-16
PREDICT ACTIVITY
DURING SUMMER
Real Estate Men Prepare for
Extensive Building 0per-
atoms

OF fats. apartment houses and room
ing houses. Work has already been
commenced on several Of the last class
OF houses south OF Market street, and
contracts are being prepared for a
large number on which construction
viii be begun without delay.
IT is reported that the money mar
lxet has reached the stage where there
Is no difficulty experienced in secur-
ing q loan, but parties prefer lending
70 those who intend to build, rather
than on improved property, which
naturally has given an impetus to new
construction. A large loan was made
during the week TO a client of the
Union trust company through the Of
fee Of Harrigan. Weidenmuller q Ro-
senstirn for ST5, 600 TO ". Morgan &
Co. for two years at per cent net on
the property at the southwest corner
Of Second and Mission streets. w.
Morgan & Co. will use this money to
improve their holdings in Mission
street between Fifth and Sixth.
Considerable interest is being taken
in property along Geary street since
the Columbia theater, as was an
nounced a few weeks ago, intends to
build at Geary and Mason. 1t is re-
ported that TAFT intends TO establish
a cafe in the vicinity and viii take
the BehlOw property on the south line
OF Geary between Powell and Stockton.
This looks as If the amusement center
viii cluster around the St Francis,
and that in this part OF the city the
night life viii be most noticeable.
TO PUT UP FINE BUILDINGS
The Bankers investment company
viii commence within a few days the
construction Of a class A building on
me southeast corner Of Geary and
Grant avenue. 1t is to be either four
occupied by the l. Magnin company.
The buildings on the property were
destroyed recently by fire, which can
celed the leases, and has enabled the
investment company TO build without
loss Of time. On the corner below the
Union trust company viii put up its
new bank building. and it is under
stood that work is to be commenced
soon upon the structure, which will
have one Of the most artistic fronts in
Market street
IT is reported that the lots owned
by Tevis & Young at the northwest
corner Of Post and Kearny streets are
10 be used for a class 4 building which
the owners Jointly intend 10 build for
the use Of Newman & Levinson. When
this building is completed it will fill
out the whole west side of Kearny
street between Post and Sutter.
AS an evidenceeof the anxiety OF the
stores TO come down town may be
mentioned the example Of Greenberg,
Strauss & Sachs, who have given up
their Van Ness avenue store and viii
occupy temporarily the Whitten store
on Geary street until their permanent
quarters in the Gunst building on the
southwest corner OF Geary and Powell
streets are completed.
Work is going rapidly forward on the
California market, and some Of the
tenants expect TO be in their places of
business by August
The Clunie building at Montgomery
and California streets is preparing to
receive tenants. and some will be in
stalled by Monday.
At the meeting Of the real estate
board yesterday the firm OF Salomon
& Estes was elected to membership
President 3 G. Buckbee reported on
his communications to the different life
insurance companies in the city as to
loans TO builders since the fire. the
amounts. and whether they were con-
tinuinR 20 loan.
This matter and the answers of the
various companies will be gone into
thoroughly at the general meeting of
the board on the 2lst inst
It was resolved also to hold no regu-
lar meetings Of the board during the
period Of the summer vacation in the
TO KEEP UP DECORATIONS
A suggestion made by a prominent
businessman, which has received the
support Of several real estate men. is
10 keep the present decorative features
in Market street as a permaneney for a
few months. The argument is ad-
vanced that II the street is Illuminated
occasionally it might do much in bring
ing business down town and would also
attract people from the country.
AS evidence OF the growth of the
peninsula K. L. Hoag says that San
Francisco merchants have commenced
free delivery Of goods at Burlfngalne
and San Nateo. According to his fig
ures, 5000 homes have been built at
these places during the past two years
and the quick communication between
san Francisco and san Nateo makes
them as much a part OF the city as the
Mission.
RECENT SALES AND LEASES
Boardman Bros. & Co have closed a
sale TO a client Of the property of
George A. Low in Mission street near
Second. II has a frontage on Mission
street OF p feet and inches with
depth OF l60 feet to Minna street, and
has a frontage on the latter street of
IS feet and inches. The buyer ex-
poets to start a building on the lot in
the near future. The terms Of the sale
are private. but price is reported
as not far from $4,000
d. Conn & Co. report that sales have
been good in the Fair View terrace
tract. which has found favor with home
buyers. as it is within easy reach OF
three car lines. Other sales are as fol-
lows:
Lot No. 1905 west line Holiday avenue
IS4 feet south of Esmeraida, 25x70; buyer
George CLARK: seller William Hale. Lot IN
east line Of San Carlos avenue SIS feet north
~ Twentieth street 2GxT5; boyer. Margaret G.
Nah0neg; seller Mary E. Edwards. Lot and
improvements AT 4035-3J Twenty fifth street lot
25xiI4; buyers. Frank ]. and Adele TrudelI;
seller Simon Bauer. Lot IN east line Of Cali
fornia avenue 10 feet south OF Esmeralda
25zTO: buyer. Catherine Shelley: seller Mary
C. Fenncssy. Lot IN east line Of Alabama street
30 feet south Of Ripley. 25x99;3; buyer. Henry
Young, seller. Sophy r. R. Herria. Lot at
southeast corner Of Ellsworth and jefferson
streets 25x70: buyer. Bescol0 Cherubino:
sellers. -. Coffin and r. &. Feppin. Lot In
west line % Noe street. 26.6 feet south OF
Day. 25xllf; buyer. Mauritz o. Ruud; seller
Ellen S. MCGOWAN.
Wolf & HOLMAN have leased for ac-
count Of Jacob Stern to Commercial
Union assurance company, Limited. Of
London. entire nfth floor Of the Security
building. eight story class A at the
northwest corner of Sansome and Hal
leck streets, for five years on private