Luke Brugnara is 32 and has decided what he wants to do with his life: He wants more of the same - to add to the 500,000 square feet in downtown San Francisco buildings he now owns. Watch More In a transaction completed Monday, Brugnara sold 735 Market St. and simultaneously bought 351 California St., better known as the Pacific Bank Building, and thus continued a very rapid and profitable streak.His portfolio may be worth $100 million - "75 million if you talk to a naysayer," said Brugnara. It began, for the native San Franciscan, at age 28 in 1993, when Brugnara bought a note for $1.5 million in bankruptcy court for the Kress Building at 939 Market St. He foreclosed on the former owner and leveraged the note with a $3 million loan, thus netting from it $1.5 million to close at escrow. "It was a no-brainer," he said. His portfolio now includes 814 Mission St., The Bulletin Building; 171 Second Ave., the Westinghouse Electric Building; 201 Sansome St., the Royal Globe Insurance Building; 939 Market St., the Kress Building; and 351 California St.
6 visninger

Luke Brugnara

Uploaded 6 dage siden

Luke Brugnara is 32 and has decided what he wants to do with his life: He wants more of the same - to add to the 500,000 square feet in downtown San Francisco buildings he now owns. Watch More In a transaction completed Monday, Brugnara sold 735 Market St. and simultaneously bought 351 California St., better known as the Pacific Bank Building, and thus continued a very rapid and profitable streak.His portfolio may be worth $100 million - "75 million if you talk to a naysayer," said Brugnara. It began, for the native San Franciscan, at age 28 in 1993, when Brugnara bought a note for $1.5 million in bankruptcy court for the Kress Building at 939 Market St. He foreclosed on the former owner and leveraged the note with a $3 million loan, thus netting from it $1.5 million to close at escrow. "It was a no-brainer," he said. His portfolio now includes 814 Mission St., The Bulletin Building; 171 Second Ave., the Westinghouse Electric Building; 201 Sansome St., the Royal Globe Insurance Building; 939 Market St., the Kress Building; and 351 California St.

Rediger eller skalere et billede ved at klikke på billedeksemplet
Rediger et billede ved at trykke på billedeksemplet
Uploader 0 billede (0% færdig)
Køen bliver uploadet, det tager kun få sekunder at fuldføre.
Upload gennemført
Uploadet indhold tilføjet til . Du kan opret et nyt album med indholdet lige uploadet.
Uploadet indhold tilføjet til .
Du kan opret et nyt album med indholdet lige uploadet. You must opret en konto or log ind to save this content into your account.
Ingen billede er blevet uploadet
Some errors have occurred and the system couldn't process your request.
    Bemærk: Nogle billeder kunne ikke uploades. se mere
    Check fejl rapporten for mere information.
    JPG PNG BMP GIF 20 MB