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New New Timing for Major Visitacion Valley Redevelopment
News 6 days 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 1 week 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 weeks 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 3 weeks 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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 1 month 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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Demand for Office Space in San Francisco Jumps, Rents Climb
News 2 months ago
Demand for Office Space in San Francisco Jumps, Rents Climb
Source Socket Site

Having ended 2018 at a record high, driven in part by the delivery of a record 3.7 million square feet of high-end Class A space, all of which was...

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Giants Positioning to Break Ground on Massive Mission Rock Project
News 2 months ago
Giants Positioning to Break Ground on Massive Mission Rock Project
Source Socket Site

Mission Rock Partners, which is a Joint Venture between the San Francisco Giants and Tishman Speyer, is positioning to break ground on the first...

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Refined Plans for Redevelopment of San Francisco Tennis Club Site
News 2 months ago
Refined Plans for Redevelopment of San Francisco Tennis Club Site
Source Socket Site

As we outlined last month: Rather than build in two phases, an approach which was being driven by the limited pool of office space development...

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Neighbors Angling to Landmark Decaying Development Site
News 2 months ago
Neighbors Angling to Landmark Decaying Development Site
Source Socket Site

Established back in 1921, the Garibaldi Nursery was one of around two dozen local Italian and Italian-American cut-flower nurseries that dominated...

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Benchmark Mortgage Rate Holding at a 32-Month Low
News 2 months ago
Benchmark Mortgage Rate Holding at a 32-Month Low
Source Socket Site

The average rate for a 30-year mortgage has been holding at around 3.75 percent over the past two weeks, which is down 119 basis points (1.19...

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Affordable Waterfront Development Has Broken Ground
News 2 months ago
Affordable Waterfront Development Has Broken Ground
Source Socket Site

At the same time, local Dwellers began drafting challenges as to just how affordable, and subsequently tall, any development on the site should be...

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Newly Proposed Development on the Rise in San Francisco
News 2 months ago
Newly Proposed Development on the Rise in San Francisco
Source Socket Site

Having dropped to a seven-year low in 2018, the number of newly proposed plans for major developments in San Francisco has been on the rise this...

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Deal(s) for Massive Flower Mart Redevelopment Inked
News 2 months ago
Deal(s) for Massive Flower Mart Redevelopment Inked
Source Socket Site

Tentative development deals between the San Francisco Flower Mart Tenants Association, Kilroy Realty and the City of San Francisco have been inked,...

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Asking Rents in San Francisco and Oakland Inch Up
News 2 months ago
Asking Rents in San Francisco and Oakland Inch Up
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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Big Plans for (Another) Former Armory Site Have Been Drawn
News 2 months ago
Big Plans for (Another) Former Armory Site Have Been Drawn
Source Socket Site

As we outlined last year: While it doesn't appear a buyer was found, big plans for the site have been drawn, as newly rendered by Ankrom Moisan...

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The Next Major Development Slated for Approval in SF
News 2 months ago
The Next Major Development Slated for Approval in SF
Source Socket Site

Plans to level the 41-foot-tall San Francisco Tennis Club at 645 5th Street and build up to 243 feet in height upon its 2.6-acre Central SoMa site...

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Benchmark Mortgage Rate Hits a 31-Month Low
News 2 months ago
Benchmark Mortgage Rate Hits a 31-Month Low
Source Socket Site

As foreshadowed, the average rate for a 30-year mortgage dropped 11 basis points over the past week to 3.73 percent, which is now down 121 basis...

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Mortgage Rates Hover Near Two-Year Lows, Primed to Drop
News 3 months ago
Mortgage Rates Hover Near Two-Year Lows, Primed to Drop
Source Socket Site

While the average rate for a 30-year mortgage was unchanged over the past week, holding near a two-year low of 3.82 percent, Freddie Mac's latest...

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City Now Seeking Interim Proposals for Fenced Housing Site
News 3 months ago
City Now Seeking Interim Proposals for Fenced Housing Site
Source Socket Site

While the Mayor's Office of Housing and Community Development is now seeking a qualified team to build affordable housing on the fenced corner...

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Record Pipeline of Development in SF and Building is Up
News 3 months ago
Record Pipeline of Development in SF and Building is Up
Source Socket Site

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

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Contentious Central SoMa Development Newly Rendered
News 3 months ago
Contentious Central SoMa Development Newly Rendered
Source Socket Site

As we first revealed last month, the application to proceed with the mass redevelopment of 12 contiguous Central SoMa parcels stretching from 400...

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