Having reversed course last year, the weighted average asking rent for an apartment in San Francisco and Oakland slipped a little over one (1) percent in the first quarter of 2019 but with a bit of seasonality in play. Including one-off rentals, as well as those in larger developments,... Read More »

With financing having been secured and San Francisco’s first Navigation Center, which had temporarily occupied the former Phoenix Continuation High School site, having been shuttered/moved, the ground for 157 below market rate (BMR) rental units to rise at 1950 Mission Street will officially be broken this coming Monday, March... Read More »

Having reversed course last year, the weighted average asking rent for an apartment in San Francisco has inched up over the past two months and slipped in Oakland. Including one-off rentals, as well as those in larger developments, the average asking rent for an apartment in San Francisco is... Read More »

Having survived a parking related challenge, the plans for a nine-story building with 127 units of affordable housing to rise on the northern half of the parking lot parcel at the corner of Folsom and 17th Street, adjacent to the new In Chan Kaajal Park on the southern half... Read More »

Over the past year, a total of 379 buyout agreements between landlords and their tenants were inked and filed with the City, as now required by law. That’s up 13 percent from the 335 buyout agreements filed in 2017 and 18 percent more than the 320 filed in 2016.... Read More »

Having dropped in 2017, the weighted average asking rent for an apartment in San Francisco and Oakland ticked up in 2018 but both markets remain below peak. Including one-off rentals, as well as those in larger developments, the average asking rent for an apartment in San Francisco is now... Read More »

Back in 1999, Caroline Novak appears to have fraudulently purchased a below market rate (BMR) condo at 300 Beale Street, having failed to disclose that she already co-owned property in San Mateo which would have disqualified her from participating in San Francisco’s BMR program. Having paid $178,500 for the... Read More »

Having ticked down a couple percent last month, the weighted average asking rent for an apartment in San Francisco – including one-off rentals as well as those in larger developments – has slipped another percent and is now running around $4,150 a month, which is around 7 percent below... Read More »

Having been charged with evicting tenants from rent-controlled units and then illegally marketing the apartments as short-term rentals on Airbnb, Homeway and VRBO, Darren and Valerie Lee agreed to pay $276,000 in penalties and fees back in 2015. As we first reported at the time, the settlement included injunctive... Read More »

The number of formal complaints related to illegal short-term rental activity in San Francisco has continued to drop, with a total of 231 complaints lodged in the first three quarters of the year, down nearly 50 percent versus 2017 and 55 percent fewer than the 516 lodged in the... Read More »