Dave
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| 11/14/2006 2:14 PM |
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| Does anyone know how sales are going? I like the Little Italy location a lot, just not sure about the market there. Seems like a lot of units in the area are taking price cuts... |
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Anonymous
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| 11/14/2006 4:51 PM |
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| That's why you're better off waiting a few years for prices to drop even further. |
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guest
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| 04/18/2007 6:32 PM |
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I visited the Aperture sales office in Little Italy last week and there were some traffic coming in and out. The sales person said they released half of the units for sale for the current phase. Not sure if this is a lot or normal. The sales person also said they are going to raise the price after this release to build equity for current buyers. Is this a common thing for the developer to do or just a sales gimmick?
At a quick glance, the average asking price for a 2 bed room unit is in the mid to high 500s with 10~20k incentives (upgrades or closing cost). Still too high, I think. |
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Anonymous
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| 04/18/2007 9:47 PM |
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| Did they say what is planned for the rooftop? It looks like there is some sort of patio going up there. |
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guest
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| 04/19/2007 10:54 AM |
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| No, they didn't mention any plans for the rooftop. Which reminds me, with ~$500 monthly HOA, you don't even get a pool nor a gym. |
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Enough already
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| 04/20/2007 1:18 AM |
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Hmmm, raising their asking price (suicide) doesn't mean they'd actually raise the market value of the property. They either failed econ101 or this is a highly dishonest sales gimmick. They might raise it temporarily to stay to their word (possibly offering bigger "incentives"), then reduce shortly thereafter when cobwebs appear on their phones.
I toured Solara Lofts the first day they started selling and just about choked when the salesperson said they'd "already raised prices" so we should buy soon before they go up again. Funny how they raised prices before they kicked off their sales effort. They're also offering some semi price guarantee if prices decline - very peculiar since they're only going to go up!! |
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mika
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| 06/12/2007 12:43 PM |
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seems like the prices of these units are coming down. I am interesting in purchasing a unit in this bldg. and have been following the price trends.
Seems like it is slated to open in Nov. 07. Anyone else visited the sales office. The units seem very modern---- |
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mika
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| 06/15/2007 11:22 AM |
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| any updates on this property? |
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Mike
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| 07/25/2007 4:16 PM |
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| How are prices coming along here? I love this location, but I think re-sale units in '08 and '09 are the way to go with Aperture. |
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jamie
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| 07/25/2007 5:23 PM |
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| This property has been selling better than any other new project DT. I actually missed out on a unit I was interested in. It does have everything going for it- great styling, great location. They told me it will be ready in October. There really is no other new place to buy in Little Italy, and the only resale I would consider is doma-but I prefer to not buy resale if I don't have too- don't like the idea someone else's toenail clippings in my carpet. |
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Smith
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| 07/25/2007 5:33 PM |
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| Citimark is clearly the best local developer. I do wish they did more towers with amenities in their urban style. If they did a project like that it could be the best building in the city. I also like Bosa but they produce a luxury product while Citimark has an urban design with great materials and workmanship approach. I hope with the slumping market that they can still put out a new building once a year. |
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jeff
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| 07/26/2007 9:41 AM |
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| I work in a nearby office and just snapped a pic of Aperture. You can also see 350 W. Ash, Acqua Vista, and La Vita. Enjoy! |
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Anonymous
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| 07/26/2007 9:50 AM |
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Nice pic! Thanks.
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Jimbo
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| 07/31/2007 11:55 PM |
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| What are they asking a sq ft at this place? |
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Dog Lover
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| 08/24/2007 10:53 PM |
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| Just signed my purchase agreement on an apartment in this building, was happy to pay the price, compared to everything else out there, most condos are Dens (no light, or just one window), except for the some of the new constructions. I was almost purchased in Smart Corner, but the location just didn't do it for me, and the corner unit in this building was the same price for the same sq. ft. They threw in a tone of extras including 20K towards upgrades and other stuff. Personally I have been looking for 3 months, and I finally feel that I found something awesome. I even went to the foreclosure auction 2 weekends ago at the convention center, the downtown units that were auctioned only went for 20% below their asking value, so prices are not as decimated as in Chula Vista, but who the hell would want to live there! |
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Anonymous
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| 08/24/2007 11:06 PM |
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Dog Lover, thanks for the update.
When are you closing? |
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Smith
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| 08/25/2007 8:43 AM |
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| This is a good looking building. I also like the new apartment building around the corner. Does anyone know what type if any retail is going into these two buildings? |
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Downtown fan
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| 08/25/2007 6:20 PM |
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Dog lover,
Excellent choice here (especially if you were looking at Smart Corner). Aperture is in a great area that is only getting better with all the new luxury buildings going up just blocks away in Columbia.
Nice job on getting 20K in upgrades too...did you pay asking price or are they negotiating below asking price?
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Dog Lover
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| 08/26/2007 4:50 PM |
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Asking for a quick escrow so I can move in 1st of October, along with the other "few" people who have dared to purchase :)
Tried to haggle on the price, but they were not going to have a bar of it, however I used [company] as my broker and they give 2% of the standard 3% commission back to you, which I applied to the closing costs, which a slight saving saving. I initially asked if I could save the entire 3% by going into the sales office without a Real Estate agent, but they were not going to have a bar of that (which annoyed me), the Smart Corner people were more than happy to give me 3% off the price if I used them to write the purchase agreement (which is kinda nice).
I only got the upgrades to the unit by using their lender (Wells Fargo), which I have used before for a home loan, and I really like them, plus I got a really good rate, so I was fairly happy all around, still, putting 10% down is scary, especially if the market drops another 5%-10% which I think it will, but I have a need to own a place now as I am moving to SD for work, such is life :) |
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WTF
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| 08/26/2007 5:15 PM |
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| wow... Dog Lover you do realize you are going to lose a lot of money on that purchase. I am in a posistion to buy as well. I am watching bankers hill area for condos. There are a lot of nice places on the market but it's in gridlock it can only go down. I'm sure you can rent a place for much cheaper than your mortgage, hoa, taxes etc... One more year will save you 10-20% downtown. The statistics are staggering with inventory and forclosures and it is only getting worse. This is just the early stages of the downturn... |
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