San Francisco Business Times
From the article:
Another wave of condos has hit the market in the Bridgewater complex in Emeryville — only the second new offering of condos in the East Bay after the Bond in Oakland converted from rental to for-sale in May.
Last year, owner iStar Financial sold 110 units for prices between $170,000 to $290,000 and is back with 174 more units.
More than 250 people showed up at a sales launch party last month.
“Bridgewater’s strong sales volume can be attributed in part to its convenient location just 10 minutes from San Francisco,” said Alan Mark, founder and president of the Mark Co., the company handling marketing for Bridgewater.
Sales at Bridgewater re-started in 2012 after a two-year hiatus. The 424-unit complex was apartments until 2006, when Emery Bay North LLC converted 250 units into condos. About 140 of the units sold before the end of 2009. The lender on the property, iStar Financial, took it back through foreclosure and now owns the entire complex.