Peter Iskandar's “SF Affordable Housing LLC” purchased 531 Greenwich Street by being the successful over-bidder in a probate sale, closing a deal for $1,733,000 in March of 2010. Iskander's attorney, Paul Utrecht, said the tenants received "generous" offers from Iskander. When they didn't move, he took them to court.
He has committed the following Ellis Act Evictions:
454 Vallejo Street (3 units) Ellised on 11/8/2007 by Affordable Housing, LLC, Peter Iskandar, Jahja Iskandar, and Paul Utrecht. Petition: L071705450.
525 - 531 Greenwich Street (4 units) Ellised on 3/23/2010 by Affordable Housing, LLC, Peter Iskandar, and Jahja Iskandar. Petition L100368525.
A tenant organizer describes: "As i walk around my neighborhood, I can count out the number of buildings that WB Coyle, Iskandar and Michael Bevier have bought up. I can also count 10 buildings that were "buyouts" meaning some for less than what the relocation fee law dictates and just a couple that were substantially more."
Another tenant wrote: "When my new place to live wanted to know what kind of renter I was with Peter Iskandar. Peter told his office girl to write that I was prostituting in my apt and I had destroyed our common area. I was denied a new place to live because of his anger/ lies towards me. I finally went to see the people who denied me a place to live and said I would call Peters office and talk to his office person to tell the truth or I would Sue for slander. I got the place I wanted to live in. I was sorry they changed their story cause I'd have loved to Sue him and his business. I live in Santa Cruz and I am happy here. I just hate what is happening in S.F. People like Peter Iskander are sick property owners. The Greed must stop for a healthy life. I was 69 yrs old when this happened."
Founder, Peter Iskandar shapes the overall character and integrity of Master Builders, instilling it with responsible business practice, community involvement, and environmentally conscious design. He holds a bachelor degree in engineering, an MBA from Pepperdine University, and both a general contractor license and a real estate broker license in the state of California.
Real estate development requires a full understanding of market conditions including property values, construction costs, and consumer trends. Peter brings to this understanding the ability to execute, a factor that is often overlooked.
As an agent working for the seller, Peter can get the most out of selling your home. As an agent for the buyer, Peter can guide buyers to avoid pitfalls and find the best home for their budget. As a general contractor, Peter can help maximize the value of your home improvement.
“Using a collaborative approach, we are able to continuously improve ourselves in all aspects and directions of our business. We always lay down a general platform to begin and then expand in all directions to achieve our goal – client satisfaction.”
Iskander currently owns:
The following 2 buildings/one lot were bought by SF Affordable Housing LLC December 2013:
Also, 527 Union Street was bought in April 2013 by Kiwy Group, LLC, which uses the same location of Iskandar’s Bubble Real Estate Company.
Bubble Realty - Managing Broker
Master Builders - Broker/GC, Realtor
Ichi Nuts, LLC - Managing Member
Sf Twin Boys Corporation - President