Early Re-Activation Sequence for the Salesforce Transit Center

Early Re-Activation Sequence for the Salesforce Transit Center

With repairs to the fractured Salesforce Transit Center now officially underway and expected to be completed by the first week of June, the Transbay Joint Powers Authority (TJPA) is expected to release an official re-opening schedule for the center next month. But according to a preliminary framework for the... Read More »

Eight-Story Development Even Closer to Reality in the Tenderloin

Eight-Story Development Even Closer to Reality in the Tenderloin

Purchased for $1.528 million in August of 2016, the rent for the Unique Cleaners building at 820 Post Street was soon raised, the business subsequently shuttered, and plans to raze the building and redevelop its Tenderloin parcel were drafted, as we first reported at the time and followed up... Read More »

Benchmark Mortgage Rate Drops to a One-Year Low, Fears Grow

Benchmark Mortgage Rate Drops to a One-Year Low, Fears Grow

The average rate for a benchmark 30-year mortgage, which hit a 7-year high of 4.94 percent this past November, shed another 4 basis points over the past week and has dropped 4.37 percent, the lowest rate in a year, according to Freddie Mac’s latest Mortgage Market Survey data. At... Read More »

Knock-On Effects of Governor’s Pledge to Slow CA’s High Speed Roll

Knock-On Effects of Governor’s Pledge to Slow CA’s High Speed Roll

With Governor Gavin Newsom’s apparent pledge to significantly reduce the scope of California’s high-speed rail (HSR) project, dismissing the current feasibility of connecting San Francisco to Los Angles while touting a limited run between Bakersfield and Merced to avoid an abandonment of the project overall, the potential knock-on effects... Read More »

Prime Russian Hill Parcel Sits Squarely in the City’s Sights

Prime Russian Hill Parcel Sits Squarely in the City’s Sights

Nearly two decades ago, back in January of 2000, the three-story, 3,700-square-foot home which had occupied the oversized Russian Hill parcel at 850 Francisco Street since 1910 was purchased for $5 million. Plans for a new, relatively modest, four-story home to rise on the 6,200-square-foot parcel, down the street... Read More »

Prestigious Penthouse Trades at a Loss

Prestigious Penthouse Trades at a Loss

Priced at $12.5 million and listed as “one of the city’s largest, highest & most prestigious view Penthouses” back in mid-2016, following a major renovation by Saint Dizier Design, the 4,600-square-foot penthouse unit #2A atop the Four Seasons Residences at 765 Market Street ended up trading for $9.0 million... Read More »

Number of Homes for Sale in SF Inches Up, Pending Sales Down

The number of homes on the market in San Francisco inched up another 2 percent over the past week to 625, which is now 38 percent more than at the same time last year and nearly 80 percent more than in early February 2015. At the same time, the... Read More »

Rock Star’s Second Sea Cliff Home Finally Fetches $11.7 Million

Rock Star’s Second Sea Cliff Home Finally Fetches $11.7 Million

Having hit the market in December of 2016 listed for $16 million, the 5,200-square-foot home hidden behind the privacy wall at 320 Sea Cliff Avenue, which was purchased by Metallica’s lead guitarist, Kirk Hammett, for $8 million in early 2010, has finally sold with a contract price of $11.7... Read More »

Bonus Plans for Building Up in The Mission

Bonus Plans for Building Up in The Mission

With the Advance Pleating & Button Company having shuttered in the Mission, plans to raze its three-building, through-block complex at 750 Florida Street, which stretches to 777 Alabama Street, between 19th and 20th, are in the works. And as envisioned, an eight-story development, with 94 new condos over 7,240... Read More »

Crypto Fails to Move $6 Million Light House Condo

Crypto Fails to Move $6 Million Light House Condo

Purchased for $6.495 million in April of 2016, the 5,493-square-foot “Light House” condo at 651 Dolores Street, one of four condos within the converted Second Church of Christ Scientist, returned to the market in August of 2017 with a $6.795 million price tag. Reduced to $6.349 million after a... Read More »