Salesforce Transit Center Repairs Underway
As we first reported last year, the cracked Salesforce Transit Center wasn’t going to reopen in 2018 and we were projecting it would likely remain closed “through the first, if…
Bay Area Home Sales Dropped to Another 11-Year Low
The number of single-family homes and condos that traded hands across the greater Bay Area totaled 5,341 this past December, that’s down 13.2 percent from November (versus typically ticking up),…
BIG Plans for a Pair of Swoopy Towers Closer to Reality
As we first reported in December of 2017, Tishman Speyer was pushing forward with their plans for two modern towers to rise up to 420 feet in height on the…
Affordable Development in the Mission Finally Breaks Ground
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…
Approved Dollar Store Development on the Market in the Mission
As we first reported last year: Having already been redesigned to look “less upscale” and eliminate its garage, the proposed redevelopment of the “One $ Store” parcel on the southwest…
Tenant Buyouts Tick Up in San Francisco, Averaged $48K Last Year
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…
The Fed Signals Future Rate Hikes Are on Hold
In a move which shouldn’t catch any plugged-in readers by surprise, the Federal Reserve not only failed to raise interest rates today but signaled a more “patient” approach in its…
Pending Home Sales in the U.S. Continue to Drop
Having declined 0.7 percent in November, the National Association of Realtors Pending Home Sales Index, for which 100 denotes “an average level” of activity, dropped another 2.2 percent in December…
Mission District Institution Closing, Corner Buildings for Sale
As we first reported last year, Lucca Ravioli’s detached parking lot parcel at 1120 Valencia Street was on the market in the Mission and has since sold to a developer…
Indexes for Bay Area Home Values Drop, Condos Hit Particularly Hard
Having slipped another 0.7 percent in November, the S&P CoreLogic Case-Shiller Index for single-family home values within the San Francisco Metropolitan Area – which includes the East Bay, North Bay…