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Spring Market is Upon Us 2024 is here, and like any other year, people are preparing for the big push in the spring real estate market. However, unlike every year, there is uncertainty and anxiety in the air. Last year was a time for reflection and adjusting to the new reality. Mortgage interest rates at 7% felt so high compared… Read More

After a local media stir, a 94-year-old woman who’s lived at her Mission District apartment since the 1940s will not be evicted as a landlord had initially proposed. Update (3/7/24, 9:13 am): The management of a Mission District apartment building has sent SFist a statement saying they will not evict 94-year-old Helen Byrne from her apartment. “While the initial decision… Read More

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OpenAI, after inking the biggest office lease in San Francisco in years, has hired someone to manage its growing real estate presence. The San Francisco-based artificial intelligence firm has named Tracy Hawkins as its vice president of real estate and workplace services, the San Francisco Business Times reported. She started March 5. Hawkins, a refugee of Twitter’s (now X’s) real… Read More

Carmel Partners paid $43 million for an undisclosed stake in Boston’s 46-story, 368-unit The Sudbury, Multi-Housing News reported.  The San Francisco-based multifamily developer bought the stake in 100 Sudbury Street from a joint venture between National Real Estate Advisors and the HYM Investment Group. The transaction breaks down to more than $116,000 per unit. The deal doesn’t cover an additional… Read More

A ballot measure meant to spur the conversion of empty offices into homes in San Francisco was leading in early returns Wednesday and appeared likely to pass. Measure C, proposed by Mayor London Breed, was leading with 53.9 percent of the vote with 98,663 ballots counted, the San Francisco Chronicle reported. The measure would waive real estate transfer taxes on… Read More

/* custom css – generated by TagDiv Composer */ /* custom css – generated by TagDiv Composer */ Scott Rechler, RXR Realty chairman and CEO, joins ‘Squawk Box’ to discuss the state of the commercial real estate market, why he’s expecting a ‘slow moving train wreck’ for regional banks, the weight of real estate debt, and more. /* custom css… Read More

Helen Byrne, 94, has called the same San Francisco apartment home for more than eight decades after moving in with her dad and sisters at the age of 12. Her Mission District neighborhood looks a lot different these days, but Byrne’s apartment is practically a time capsule from a bygone era.  She still sleeps in her childhood bedroom, where she… Read More

Battle lines are forming for the future mayor of San Francisco over housing development. Board of Supervisors President Aaron Peskin has planted seeds for a possible mayoral run in the November election, with Mayor London Breed defending her seat by attacking his voting record on development, the San Francisco Standard reported. Breed didn’t hold back, hurling criticisms that may end… Read More

/* custom css – generated by TagDiv Composer */ /* custom css – generated by TagDiv Composer */ Carly Tripp, Nuveen Real Estate Head of Investments, joins ‘Closing Bell Overtime’ to talk pending home sales dropping in January. /* custom css – generated by TagDiv Composer */ /* custom css – generated by TagDiv Composer */ Read More