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Mission District Infill in the Works: B&W Sevice Center Edition
News 6 days ago
Mission District Infill in the Works: B&W Sevice Center Edition
Source Socket Site

Plans to raze the B&W Automotive Service Center building on the northwest corner of 26th Street and Shotwell are in the works. And as envisioned, a...

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Residential Conversion of Historic Garage Slated for Approval
News 1 week ago
Residential Conversion of Historic Garage Slated for Approval
Source Socket Site

Having skirted foreclosure by way of a bankruptcy filing two years ago, at which point the building was on the market as a high-end development...

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Hotel Plans Scrapped, Office Building(s) Now on the Boards
News 2 weeks ago
Hotel Plans Scrapped, Office Building(s) Now on the Boards
Source Socket Site

The plans for a 239-room hotel to rise up to 8 stories in height across the irregularly shaped Central SoMa parking lot parcel at 424 Brannan...

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Asking Rents Tick up in Oakland, Slip in San Francisco
News 3 weeks ago
Asking Rents Tick up in Oakland, Slip in San Francisco
Source Socket Site

The weighted average asking rent for an apartment in San Francisco, including one-off rentals as well as units in larger developments, slipped...

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Mortgage Rates Tick Up, Rate Cut Nearly Certain
News 3 weeks ago
Mortgage Rates Tick Up, Rate Cut Nearly Certain
Source Socket Site

Having jumped 12 basis points last week, the average rate for a 30-year mortgage has since ticked up another 6 basis points and now measures 3.75...

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Competition for an Office Space Allocation in SF is Heating Up
News 3 weeks ago
Competition for an Office Space Allocation in SF is Heating Up
Source Socket Site

With over 2 million square feet of new office development having recently been approved and granted a coveted allocation from San Francisco's bank...

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Office Vacancy Rate in Oakland Ticks Up, But…
News 3 weeks ago
Office Vacancy Rate in Oakland Ticks Up, But…
Source Socket Site

The vacancy rate for East Bay office space around Oakland has ticked up from 9.5 percent at the beginning of the year to 11.9 percent today, driven...

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Bigger Plans for Ocean Avenue Development Closer to Reality
News 3 weeks ago
Bigger Plans for Ocean Avenue Development Closer to Reality
Source Socket Site

As we outlined two years ago, nearly to the day: The proposed development, however, has since been redesigned. And while the project team still isn...

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Development of Tower Under Construction Put on Hold
News 4 weeks ago
Development of Tower Under Construction Put on Hold
Source Socket Site

Oceanwide Holdings has officially suspended development of one of the two Oceanwide Center towers under construction at First and Mission Streets....

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Giants Massive Mission Rock Development Closer to Reality as Well
News 1 month ago
Giants Massive Mission Rock Development Closer to Reality as Well
Source Socket Site

As we first reported earlier this year: Mission Rock Partners, which is a Joint Venture between the San Francisco Giants and Tishman Speyer, is...

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Housing Pipeline in San Francisco Slips but Building Actually Jumps
News 1 month ago
Housing Pipeline in San Francisco Slips but Building Actually Jumps
Source Socket Site

With the number of newly built units of housing in San Francisco having outpaced the number of newly proposed units of housing to be built in San...

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Mortgage Rates Drop, Odds of a Rate Cut Rise
News 1 month ago
Mortgage Rates Drop, Odds of a Rate Cut Rise
Source Socket Site

Having jumped 17 basis points in mid-September, the average rate for a 30-year mortgage has since shed 16 basis points and dropped back down to 3...

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Record Office Rents in San Francisco Tick Up, Absorption Slows
News 1 month ago
Record Office Rents in San Francisco Tick Up, Absorption Slows
Source Socket Site

Having hit a record high in the first half of the year, driven in part by the delivery of a record amount of high-end Class A space, all of which...

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SoMa Rising: Residential Infill Closer to Reality on Howard
News 1 month ago
SoMa Rising: Residential Infill Closer to Reality on Howard
Source Socket Site

The refined plans for a seven-story building to rise up to 70 feet in height upon the former City Paints building site at 1088 Howard Street, which...

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Mortgage Rates Retreat
News 1 month ago
Mortgage Rates Retreat
Source Socket Site

Having jumped 17 basis points last week, the average rate for a 30-year mortgage has since shed 9 basis points and now measures 3.64 percent, which...

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Asking Rents in San Francisco and Oakland Slip, Gap Shrinks
News 1 month ago
Asking Rents in San Francisco and Oakland Slip, Gap Shrinks
Source Socket Site

Having ticked up around 5 percent through the first eight months of the year, the weighted average asking rent for an apartment in San Francisco,...

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New New Timing for Major Visitacion Valley Redevelopment
News 1 month ago
New New Timing for Major Visitacion Valley Redevelopment
Source Socket Site

As we outlined in the third quarter of last year: Shuttered back in 1999, the old Schlage Lock factory and Southern Pacific Railyard parcel along...

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City Now Seeking Developers for Controversial McDonald’s Site
News 2 months ago
City Now Seeking Developers for Controversial McDonald’s Site
Source Socket Site

Purchased by the City for $15.9 million early last year, the Mayor's Office of Housing and Community Development has just issued a formal Request...

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Benchmark Mortgage Rate Nearing a Six-Year Low
News 2 months ago
Benchmark Mortgage Rate Nearing a Six-Year Low
Source Socket Site

The average rate for a 30-year mortgage dropped 9 basis points over the past week to 3.49 percent, which is down 145 basis points (1.45 percentage...

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Different Drivers Pushing Average Rents up in SF and Oakland
News 2 months ago
Different Drivers Pushing Average Rents up in SF and Oakland
Source Socket Site

The weighted average asking rent for an apartment in San Francisco, including one-off rentals as well as units in larger developments, has inched...

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City Seeking Another Interim Use for an Affordable Housing Site
News 2 months ago
City Seeking Another Interim Use for an Affordable Housing Site
Source Socket Site

As with the fenced corner parcel at 7th and Brannan, the Mayor's Office of Housing and Community Development is now seeking proposals for a self...

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Mortgage Rates Continue to Drop but Odds of an Easing Slip
News 2 months ago
Mortgage Rates Continue to Drop but Odds of an Easing Slip
Source Socket Site

The average rate for a 30-year mortgage dropped another 5 basis points over the past week to 3.55 percent, which is down 139 basis points (1.39...

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Supersized West Oakland Project Redesigned, Slated for Approval
News 2 months ago
Supersized West Oakland Project Redesigned, Slated for Approval
Source Socket Site

Facing continued pushback from Oakland's Planning Department with respect to the "monotonous and bulky massing," the lack of a "rich public-private...

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Big Plans for Odd Shaped Lower Potrero Hill Site
News 2 months ago
Big Plans for Odd Shaped Lower Potrero Hill Site
Source Socket Site

Plans to level the odd shaped, low slung commercial complex at 300 De Haro Street, which is currently home to Sally's Deli, Torraku Ramen, Bunn...

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Waylaid Mission District Development Redesigned, Closer to Reality
News 3 months ago
Waylaid Mission District Development Redesigned, Closer to Reality
Source Socket Site

In the works since 2014 but waylaid by the adoption and subsequent extension of 'Interim Controls' to limit new market-rate housing, office and...

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Kinders Out, Blu Dot In
News 3 months ago
Kinders Out, Blu Dot In
Source Socket Site

Plans to merge the former ARCH Art Supplies building at 99 Missouri Street and the shuttered Anthony's Auto Collision Center at 1240 17th Street...

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Benchmark Mortgage Rate Drops to a Near 3-Year Low
News 3 months ago
Benchmark Mortgage Rate Drops to a Near 3-Year Low
Source Socket Site

On the heels of the Fed having eased rates last week, the average rate for a 30-year mortgage has dropped 15 basis points to 3.60 percent, which is...

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Asking Rents in San Francisco and Oakland Tick Up
News 3 months ago
Asking Rents in San Francisco and Oakland Tick Up
Source Socket Site

While the purchase market in San Francisco continues to drop, the weighted average asking rent for an apartment in San Francisco, including one-off...

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Scofflaw Developer Settles for $1.2 Million
News 3 months ago
Scofflaw Developer Settles for $1.2 Million
Source Socket Site

Having been accused of routinely engaging in the under-permitted renovation and expansion of residential properties throughout San Francisco, Ashok...

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Mortgage Rates Slip, Odds of an Easing Hold
News 3 months ago
Mortgage Rates Slip, Odds of an Easing Hold
Source Socket Site

Having inched up to 3.81 percent last week, the average rate for a 30-year mortgage has dropped back down to 3.75 percent, which is 119 basis...

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