TCG’s New HQ in San Francisco

Tesseract Capital Group (TCG) is pleased to announce the construction completion of its newly remodeled office headquarters located in San Francisco at the intersection of Market Street and 15th Street. The neighborhood is currently one of San Francisco’s most prominent locations for new construction activity including the addition of various dining and entertainment attractions. Acquired in June of 2018, TCG’s …

Mayor London Breed Nominates Derek Flores to the Planning Commission

San Francisco, CA – Mayor London N. Breed has nominated Derek Flores to serve as the newest member of the Planning Commission. Flores, 33, has extensive experience with creating new housing both in San Francisco and across the state, particularly multi-family units and Accessory Dwelling Units (ADUs). Flores is a native San Franciscan who was raised in the Richmond District and …

More housing on the way: SF meets deadline to clear huge application backlog

San Francisco Mayor London Breed is expected to announce Thursday that the city has managed to clear a backlog of more than 900 permits for accessory dwelling units that had been languishing in the approval pipeline. Breed handed down an executive order in August instructing city departments to dramatically cut down on the time it takes to assess, revise and approve permits …

TCG supports San Francisco Mayor’s Office to Rev Up Building Approval Process

San Francisco has 900 housing units stuck in the approval pipeline, and Mayor London Breed plans to do something about that Thursday. Breed is set to hand down an executive order to dramatically accelerate the city’s process for assessing and approving accessory dwelling units — starting with clearing the big backlog mired in various stages of review. As the city …

Tesseract Capital Group Leads San Francisco Bay Area Multi-family Property Investment With RealtyShares

SAN FRANCISCO–(BUSINESS WIRE)–RealtyShares, a leading online marketplace for real estate crowdfunding, has financed a $500,000 preferred equity investment opportunity through its network of investors nationwide to fund the acquisition and rehabilitation of a 22-unit multi-family property in the San Francisco Bay Area. The project is sponsored by Tesseract Capital Group (TCG), a San Francisco-based real estate private equity firm currently …

Pinza Group Sells 16 Unit Rooming House in Berkeley

Berkeley, CA – The Pinza Group, Inc, a leading Bay Area Investment Real Estate Sales Brokerage, has announced the sale of a prized rooming house one block to UC Berkeley located on 2335 Warring Street. The sales price was $2,600,000, which represents a $533.33 price per square foot, an incredibly higher price per square foot in the 94704 zip code …