CFAH

Articles Filed Under: Industry Stuff

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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 »

Bigger Plans for a Project That’s Already Broken Ground

Bigger Plans for a Project That’s Already Broken Ground

Plans to merge the two Central SoMa parcels at 952-960 Howard Street, demolish everything but the façade of the 100-year-old, single-story industrial building at 960 Howard, and develop a new three-story building on the site, with 18,500 square feet of office space, 5,200 square feet of replacement “PDR,” and... Read More »

Conversion of Historic Clay Theater Closer to Reality

Conversion of Historic Clay Theater Closer to Reality

Having shuttered in February of last year, plans to convert the historic Clay Theater at 2261 Fillmore Street into a retail space have since been drawn. And a formal application to proceed with the conversion is now working its way through Planning. As proposed, the theater’s façade and marquee... Read More »

Supervisors Overturn Approval of Group Housing “Switcheroo”

Supervisors Overturn Approval of Group Housing “Switcheroo”

As we first reported last year, a proposed revision to the previously approved plans for a new 13-story, mixed-use building to rise on the site of the columned Fifth Church of Christ, Scientist at 450 O’Farrell Street was in the works, a revision which would have yielded around 300... Read More »

Bonus-Sized Bayview Development(s) on the Boards

Bonus-Sized Bayview Development(s) on the Boards

Acquired for $3 million by way of a forced sale last year, plans for a seven-level, 100-unit apartment building to rise up to 65 feet in height across the six Bayview lots at 5222-5250 Third Street, adjacent to another proposed infill development, have since been drawn. As designed by... Read More »

Mortgage Loan Application Volumes Drop

Mortgage loan application volumes to either purchase or refinance a home in the U.S. dropped 6.9 percent on a seasonally adjusted basis over the past week and were down 7 percent in the absolute, according to the Mortgage Bankers Association. While the overall drop was driven by a 10... Read More »

The Master Plan to Transform Stonestown into a Neighborhood

The Master Plan to Transform Stonestown into a Neighborhood

The Master Plan for developing around 2,900 residential units, up to 200,000 square feet of new office space and an additional 200,000 square feet of new retail and amenity space on the nearly 27 acres of parking that currently wrap around the 11-acre Stonestown Galleria have been drafted and... Read More »

Plans to Bank This Mission District Lot Have Been Drawn

Plans to Bank This Mission District Lot Have Been Drawn

With an acceptable offer for the big Mission District parcel/parking lot on the corner of 16th Street and Shotwell, which was on the market for $10 million last year and upon which the Rolling Stock tire shop had stood prior to being engulfed in flames back in 2015, having... Read More »

Refined Plans for Building up Broadway Slated for Approval

Refined Plans for Building up Broadway Slated for Approval

As we revealed back in 2017, plans for a mixed-use building to rise up to six stories in height upon on the parking lot parcel at 425 Broadway, which wraps around the three-story Crowbar and residential hotel building on the corner of Broadway and Montgomery, were in the works,... Read More »

Rents in San Francisco Tick up but Still Depressed

Rents in San Francisco Tick up but Still Depressed

The weighted average asking rent for an apartment in San Francisco has ticked up 1.6 percent since the end of August to $3,425 per month. As such, while asking rents in San Francisco are now up a little over 12 percent, on average, since hitting a pandemic-era low in... Read More »