Timing for Massive India Basin Development Pushed Back

Timing for Massive India Basin Development Pushed Back

Speaking of lawsuits, while Planning has approved Build Inc’s plans for its massive India Basin development, a development which could yield up to 1,575 units of housing, 1,800 parking spaces, 209,000 square feet of commercial space and 5.6 acres of open space along San Francisco’s eastern shoreline, the owner... Read More »

Multiple Lawsuits Target San Francisco’s Central SoMa Plan

Multiple Lawsuits Target San Francisco’s Central SoMa Plan

As expected, a couple of lawsuits challenging San Francisco’s recently approved Central SoMa Plan have just been filed in San Francisco’s Superior Court and more could soon follow. The first two suits, one of which was filed by the Yerba Buena Neighborhood Consortium (Todco) and another by a local... Read More »

Plans for a Single, Taller 984-Unit Hub District Tower Picked

Plans for a Single, Taller 984-Unit Hub District Tower Picked

While plans for a pair of 41-story towers with a total of 984 residential units to rise on the former San Francisco Honda site at 10 South Van Ness were drawn, an alternative proposal for a single 55-story tower to rise up to 590 feet in height on the site,... Read More »

Stinson Beach Resale Fetches $3,347 per Foot

Stinson Beach Resale Fetches $3,347 per Foot

Purchased for $5.3 million, or roughly $3,139 per square foot, back in 2015, the 1,688-square-foot Stinson Beach home at 13 Walla Vista returned to the market at the end of last year priced at $5.995 million or roughly $3,552 per foot. Sited on a wide oceanfront lot which first sold... Read More »

50 Percent Price Cut for Newly Remodeled Pac Heights Mansion

50 Percent Price Cut for Newly Remodeled Pac Heights Mansion

Purchased out of foreclosure for $2.525 million in 2013, the “grandly proportioned circa 1898 Victorian mansion” at 1945 Franklin Street, on the eastern edge of Pacific Heights, has since been “stunningly re-imagined for a modern 21st century lifestyle.” Now measuring nearly 7,000 square feet of finished space, versus closer... Read More »

Office Rents in San Francisco Ended 2018 at a Record High

Office Rents in San Francisco Ended 2018 at a Record High

Driven in part by the delivery of a record 3.7 million square feet of shiny new office space over the past year, all of which was delivered pre-leased, the average asking rent for office space in San Francisco ticked up 1.1 percent in the fourth quarter of 2018 to... Read More »

Mortgage Rates Drop to a 9-Month Low, Application Volume Jumps

Mortgage Rates Drop to a 9-Month Low, Application Volume Jumps

Having shed 6 basis points over the past week, the average rate for a benchmark 30-year mortgage has dropped to 4.45 percent, which is 49 basis points below the 7-year high of 4.94 percent it hit this past November and a 9-month low but still 46 basis points above... Read More »

Price Cuts for ‘Rarely Available,’ yet Almost New, One-Bedroom

Price Cuts for ‘Rarely Available,’ yet Almost New, One-Bedroom

Priced by the sales office at $1.25 million in January of 2017, the sale of the one-bedroom unit #18D within the new Lumina tower at 201 Folsom Street closed escrow with a contract price of $1.235 million that March. This past August, the 876-square-foot unit returned to the market priced... Read More »

Contemporary Conversion in the Mission Closer to Reality

Contemporary Conversion in the Mission Closer to Reality

As we first reported back in 2015: “Two years ago, a fire damaged the home which shares the lot with the former Iglesia del Pacto Evangelico church at 856 Capp Street, between 23rd and 24th in the Mission. And in a move which could spark a few new flames,... Read More »

Newly Proposed Development Hit a 7-Year Low in SF Last Year

Newly Proposed Development Hit a 7-Year Low in SF Last Year

Having peaked at 116 in 2014, the number of newly proposed plans for major developments in San Francisco has been trending down ever since, a trend which shouldn’t catch any plugged-in readers by surprise. And with 20 preliminary proposals for major projects in the city having been submitted to... Read More »