CFAH

Shuttered WeWork Golden Gate Space Back on the Market

Shuttered WeWork Golden Gate Space Back on the Market

Having sat vacant for 20 years, the 56,000-square-foot office condo at 25 Taylor Street, above the Golden Gate Theater, was purchased by War Horse Cities for $6 million in 2012 and converted into “WeWork Golden Gate,” which opened in 2013 and “activated and energized the district and paved the... Read More »

Number of Homes for Sale in San Francisco Has Likely Peaked

Number of Homes for Sale in San Francisco Has Likely Peaked

Having inched down a percent over the past week to 1,240, the number of homes on the market in San Francisco, net of new sales, appears to have hit its peak for the year, a move which shouldn’t catch any plugged-in reader’s by surprise. And while inventory levels are... Read More »

Record-Setting Pac Heights Penthouse on the Market for $45M

Record-Setting Pac Heights Penthouse on the Market for $45M

Having traded hands for $32 million, or nearly $6,000 per square foot, in a hush-hush deal back in 2015, the record-setting contract price for the 5,400-square-foot Penthouse (Unit #10) atop the überexclusive Pacific Heights building at 2006 Washington Street still stands, despite some misreports to the contrary. And as... Read More »

Office Vacancy Rate Inches Up in S.F. Despite Leasing Activity

Office Vacancy Rate Inches Up in S.F. Despite Leasing Activity

Having ticked over 20 percent in the second quarter of the year, the effective office vacancy rate in San Francisco has inched up another 40 basis points (0.4 percentage points) to 20.5 percent, which represents 17.5 million square feet of vacant office space in the city, with 6.8 million... Read More »

Iconic Castro Building Back on the Market

Iconic Castro Building Back on the Market

With plans to convert the prominent Bank of America/Italy building on the southwest corner of Castro and Market into a “Randy Rooster” burlesque club having fallen through back in 2013, at which point the building was in contract to be sold to the backers of the club for $7.7... Read More »

East Bay Office Vacancy Rate Ticks Up to 17.9 Percent

East Bay Office Vacancy Rate Ticks Up to 17.9 Percent

The office vacancy rate in the East Bay, not including Walnut Creek or further east, ticked up to 17.9 percent at the end of September, which includes 4.6 million square feet of un-leased space and 1.2 million square feet of space which has been leased but is sitting vacant... Read More »

Mortgage Rates Inch Up, 30-Year Rate Hits a Six-Month High

Mortgage Rates Inch Up, 30-Year Rate Hits a Six-Month High

Having jumped back over 3 percent two weeks ago, the average rate for a benchmark 30-year mortgage has since inched up to 3.05 percent, which is a six-month high. And while 3.05 percent is still historically low, with the 30-year rate having averaged closer to 6 percent over the... Read More »

Landmark Octagon House Reduced $800K

Landmark Octagon House Reduced $800K

As we outlined back in 2015, when half of the landmark home was listed on Craigslist as a rental for $10,000 a month, the Feusier Octagon House at 1067 Green Street is one of the oldest houses on Russian Hill. Built in the mid-1800s, the home was ordered to... Read More »

The Actual Appreciation for a “LuXe” One-Bedroom

The Actual Appreciation for a “LuXe” One-Bedroom

Purchased for $1.17 million in February of 2017, the 894-square-foot Pacific Heights condo #506 in the “LuXe” at 1650 Broadway returned to the market priced at $1.3 million last month. The one-bedroom unit is outfitted with two full bathrooms, a den and an open living area, with high-end finishes,... Read More »

Mortgage Loan Application Volumes Inch Up, But…

Mortgage loan application volumes across the U.S. inched up 0.2 percent over the past week on a seasonally adjusted basis having dropped 6.9 percent the week before, with a 2 percent increase in purchase mortgage activity in the absolute, according to the Mortgage Bankers Association. That being said, purchase... Read More »