A plugged-in tipster reports on Radiance at Mission Bay:
I received an email from the sales person at Radiance “pre-announcing” a sales cut that will go out to the broker community next week. Looks like things aren’t moving. On a similar note, I saw on sfgate.com that unit 116 (1722 SF, east facing) sold for $960K. Original asking? $1.39M.
As we noted in August, “while prices reductions haven’t officially been advertised, according to our sources there’s definitely room for negotiation (especially on the mid-priced units).”
Yes, it’s good to be plugged-in (and details on the “official” cuts when we have them).
∙ Radiance At Mission Bay Phase I Update: 55% “Sold” And Closing [SocketSite]
∙ Radiance At Mission Bay Phase II Update: Officially “Suspended” [SocketSite]