SAN FRANCISCO-The only drop off is in the number of available properties. A luxury apartment complex recently sold for $16 million and, on the smaller side, two adjacent buildings on Chestnut Street sold in separate transaction for $950,000 and $1.5 million, respectively.

OAKLAND, CA-After a local nonprofit agency is unable to make the Broadway Atrium Building financially self-sufficient, the City of Oakland forecloses on the property. Now, Summit Real Estate Ventures will buy the 43,000-sf building.

SAN FRANCISCO-Members of the Urban Land Institute reported that their confidence in San Francisco's commercial real estate market has fallen to an all-time low after the dot-com crash and lowered vacancy rates of the past two years.

SAN FRANCISCO-Members of the Urban Land Institute reported that their confidence in San Francisco's commercial real estate market has fallen to an all-time low after the dot-com crash and lowered vacancy rates of the past two years.

SAN FRANCISCO-While the numbers are still not increasing, the Bay Area is still closing both major and minor deals. While some investors feel this is an uncertain time to invest, others are eager to buy and sell.

FOLSOM, CA-Sacramento County's diverse economy, low cost of living and high quality of life have made it a prime location for Standard Pacific Corp. to extend its Northern California presence.

SAN FRANCISCO-The U.S. Department of Transportation has given BART a $74.9 million federal grant to fund a rail extension that will connect the system to the San Francisco International Airport by 2005.

SAN FRANCISCO-The M.H. de Young Memorial Museum in Golden Gate Park is being demolished due to earthquake damage. A 292,000-sf, privately-funded museum scheduled to open in its place 2005.