Understanding Today’s Connected Borrower

Sign up for this webinar to learn how to transform the borrower journey from transaction to relationship and gain a significant lift in production in today’s digital lending environment.

RealTrending: eXp’s Glenn Sanford reveals what’s next for company

CEO of eXp World holdings addresses his critics about his agent referral program, where he is taking the company next and growth limiters for the brokerage.

Navigating Closing Struggles in 2021’s Purchase Market

Join this webinar to discover the most current information on hybrid and full eNote eClosings and discuss key criteria to successfully implementing your eClosing strategy.

Should lenders look to non-QM when the refi boom slows?

Angel Oak shared with HW how non-QM lending could be an effective way for lenders to replace lost business in the event of a refi boom slowdown.

Real Estate

Here is San Francisco’s most expensive rental. It has to be seen to be believed

Ambassador to Austria Trevor Traina is going to rent his home for $55,000 a month

Trevor Traina, tech entrepreneur and U.S. ambassador to Austria is listing his San Francisco home for rent.

According to an article in The Wall Street Journal by Katherine Clarke, when it lists, the home will be the most expensive rental in all of San Francisco, one of the most expensive rental markets in the nation.

Traina’s home is on the Gold Coast, in a neighborhood called Pacific Heights, which is known for its lustrous views of the bay and its cache of California gentry.

Trevor Traina's home

The 10,890 square-foot, seven-bedroom home will list for a whopping $55,000 per month while Traina is away in Austria fulfilling his role as ambassador.

According to the article, Traina will leave the home fully furnished, complete with art pieces by Damien Hirst, Robert Rauschenberg, Diane Arbus and Andy Warhol.

Neill Bassi of Sotheby’s International Realty will be the listing agent for the property, and according to him, Traina is looking to lease the property for a one- to two-year term.

Traina is the grandson of Wiley Buchanan, a former U.S. Ambassador to Austria, and he has founded five technology companies. President Donald Trump nominated Traina as Ambassador to Austria in January.

This is how the house is described in the listing:

Designed with art and grand entertaining in mind, this 1904 Georgian estate offers seven bedrooms, six full and four half baths, a wealth of formal and informal living spaces, a light-filled conservatory, a south-facing garden and three-car garage parking. As the current owner—who worked principally with Ann Getty on the design—told Forbes, “It’s a handsome, dignified house. We wanted its look to give a nod to history and tradition, but also a sense of youth and wit." 

Go ahead and check out the listing here. You're going to be surprised by what $55,000 a month will get you….

Most Popular Articles

Here it is: A bill to help first-time homebuyers

The newest iteration of a first-time homebuyer tax credit has several significant restrictions. And it’s not a tax credit.

Apr 15, 2021 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please