First Building of Massive Brooklyn Basin Development Ready to Rise

First Building of Massive Brooklyn Basin Development Ready to Rise

While the ground was broken for Signature’s massive Brooklyn Basin project (a 64-acre East Bay development which will yield up to 3,100 units of housing, 200,000 square feet of commercial/retail space and 30 acres of open space along Oakland’s waterfront) back in 2014, the focus has been on preparing... Read More »

Pace of Existing U.S. Home Sales Drops on Diminished Buyer Traffic

The seasonally adjusted pace of existing-home sales in the U.S. fell 3.2 percent to an annual rate of 5.39 million sales in July. And for the first time in eight months, and only the second time in nearly two years, the rate of sales is lower on a year-over-year... Read More »

Foreclosed upon Failed Flip Fetches $1.9 Million in Potrero

Foreclosed upon Failed Flip Fetches $1.9 Million in Potrero

Purchased as a sound 1,307-square-foot home for $1.3 million in 2013, and then permitted for a major remodel and expansion by SS Dreambuilders LLC (no relation to SocketSite), the gutted Potrero Hill home at 837 Wisconsin Street was foreclosed upon and sold for $1,945,375 on the courthouse steps in... Read More »

A New Home for Doc’s Clock Has Been Found

A New Home for Doc’s Clock Has Been Found

While Doc’s Clock is losing its lease at 2575 Mission Street, which expires next summer, plans for the 55-year-old bar to move down the street to the vacant coffee shop space at 2417 Mission are in the works. In fact, an architect has already drafted plans for the remodel... Read More »

Proposed All Stars Donuts Redevelopment Is Now a Hotel

Proposed All Stars Donuts Redevelopment Is Now a Hotel

Speaking of big hotel projects, the development team behind the proposed redevelopment of the All Stars Donuts shop site at 5th and Harrison has shifted gears and drafted new plans for a 197-room hotel to rise across the 399 5th Street parcel. As designed by Stanton Architecture, the eight-story... Read More »

The Brief History of One Montgomery

The Brief History of One Montgomery

A twelve story building designed by Willis Polk for the First National Bank of San Francisco, which was acquired by Crocker National Bank, was constructed on San Francisco’s 1 Montgomery Street parcel, at the corner of Post, back in 1908. And in 1921, a two-story addition was constructed on... Read More »

Pace of New U.S. Home Sales above Average for First Time in 9 Years

Pace of New U.S. Home Sales above Average for First Time in 9 Years

The pace of new single-family home sales in the U.S. jumped 12.4 percent from a downwardly revised annual rate of 582,000 sales in June to an annual rate of 654,000 sales in July, which is 31.3 percent higher than the rate of sales at same time last year (498,000)... Read More »

Plans to Deposit a 500-Foot Tower atop This Iconic Downtown Bank

Plans to Deposit a 500-Foot Tower atop This Iconic Downtown Bank

Plans to add a tower atop the iconic Crocker Bank Building at 1 Montgomery Street, which now sports the Wells Fargo brand, have been drafted, the development team has met with San Francisco’s Planning Department to discuss, and the preliminary designs have been submitted to the City for review.... Read More »

Number of Homes for Sale in San Francisco Ticks Up

At a time of the year when the inventory of single-family homes and condos on the market in San Francisco is typically on the decline, the number of homes currently listed for sale in the city ticked up a couple points over the past week to 675, which is... Read More »

Bay Area Home Sales Take a Hit but Tick up in San Francisco

Bay Area Home Sales Take a Hit but Tick up in San Francisco

The number of single-family homes and condos that traded hands across the Bay Area dropped an above average 10.5 percent from June to July and the recorded sales volume (7,900) was 13.5 percent lower than at the same time last year, the fifth straight month with increasing year-over-year declines,... Read More »