Revised Plans for Supersized Bart-Adjacent Project Sans Parking

Revised Plans for Supersized Bart-Adjacent Project Sans Parking

Facing pushback from Oakland’s Planning Department with respect to the “monotonous and bulky massing” of the proposed 1,032-unit “Hub” development to rise up to 23 stories in height upon the 3-acre Caltrans lot across from The Crucible and a block from the West Oakland BART station, and that the... Read More »

Get Ready to Rumble, Not Just Shake, If Approved

Get Ready to Rumble, Not Just Shake, If Approved

As we first reported at the beginning of the year, and formally confirmed last week, Shake Shack is planning to convert the shuttered Real Food Company building on the southeast corner of Fillmore and Filbert, down in Cow Hollow, into its first outlet in San Francisco, as newly rendered... Read More »

Proposed Mission District Development Newly Rendered

Proposed Mission District Development Newly Rendered

As we first reported last month and has been newly rendered below: Plans to level the Mission District garage at 1721 15th Street, between Little Star Pizza and The Monastery, are in the works. And as proposed, a five-story building, with twenty-four (24) residential units over 2,700 square feet... Read More »

Existing Home Sales in the U.S. Tick up but Slip Year-Over-Year

Having gained 3.0 percent in February, the pace of existing-home sales in the U.S. inched up another 1.1 percent in March to a seasonally adjusted annual rate of 5.60 million sales but is now running 1.2 percent lower versus the same time last year. At the same time and... Read More »

SF’s First Whole Foods 365 Closer to Reality

SF’s First Whole Foods 365 Closer to Reality

As we first reported a couple weeks ago, plans to convert the shuttered Lombardi Sports building at 1600 Jackson Street, at the corner of Polk, into San Francisco’s first Whole Foods Market 365 could be approved by San Francisco’s Planning Commission next week. Once again, the proposed grocery would... Read More »

The Economics of a Rincon Hill Condo and Reality Check Redux

The Economics of a Rincon Hill Condo and Reality Check Redux

As we originally outlined back in the third quarter of 2015: Purchased for $700,000 in 2012, or roughly $1,150 per square foot, the one-bedroom One Rincon Hill condo #4404 was listed as a rental for $3,800 in mid-2014 and actually rented for $3,750 per month, which included valet parking... Read More »

Bay Area Employment Slips from Record Highs

Bay Area Employment Slips from Record Highs

At a time of the year when Bay Area employment figures typically tick up, the number of people living in the city of San Francisco with a job dropped by 1,200 in March to 555,500. But with 2,300 people having been removed from the labor force, the unemployment rate... Read More »

Former Giants Pitcher Tagged for a Million Dollar Loss

Former Giants Pitcher Tagged for a Million Dollar Loss

The 11,000-square-foot pad in Paradise Valley, Arizona, which former San Francisco Giants pitcher, Matt Cain, purchased for $5.5 million in 2013, has finally traded hands after two years on the market. Rebuilt in 2009, the five-bedroom, Tuscan-style home is finished in walnut, marble, mahogany and stone, with a bi-level... Read More »

Big SoMa Project Slated for Approval (And to Break Ground)

Big SoMa Project Slated for Approval (And to Break Ground)

The newly refined plans for a 371-unit development to rise up to seven stories in height on Harrison Street, upon the Western SoMa parcel currently occupied by the German Motors Collision Center building, between Langton and Berwick Place, are slated to be presented to San Francisco’s Planning Commission next... Read More »

Mortgage Rates Tick Up, Probability of a Rate Hike Hits 100 Percent

Mortgage Rates Tick Up, Probability of a Rate Hike Hits 100 Percent

The average rate for a benchmark 30-year mortgage has ticked up 7 basis points over the past two weeks to 4.47 percent, which is the highest rate so far this year, 50 basis points higher than at the same time last year (3.97 percent), and within 11 basis points... Read More »