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Despite years of claims from city officials that adding new home inventory is a public policy goal, San Francisco has granted just 16 new home construction permits in 2024. This comes against a ...
Victor Makras, a real estate broker and investor based in San Francisco, and a former member of a number of city commissions, was charged with bank fraud and conspiracy to commit bank fraud. The charges claimed that Makras conspired with Harlan Kelly to defraud Quicken Loans by overstating Kelly's mortgage and understating Kelly's amount of ...
More than San Francisco 50,000 realtors are having to sell houses the old-fashioned way, thanks to a 11-day long cyberattack attack on the the multiple listings platform they rely on.
Late San Francisco mayor Ed Lee called the shortage a "housing crisis", [34] and news reports stated that addressing the shortage was the mayor's "top priority". [35] Mayor Ed Lee responded to the shortage by calling for the construction of 30,000 new housing units by 2020, and proposing a $310 million city bond to fund below-market-rate ...
San Francisco’s housing market is so broken that billionaire philanthropist MacKenzie Scott made 2 major real-estate donations in a month Sydney Lake October 21, 2023 at 5:00 AM
San Francisco set the tax rate in 2012 at 0.55 percent of assessed value; due to rising real estate prices, however, the 2014 tax burden had risen by nearly 50% compared to the 2012 tax burden, and the developers threatened to pull their building plans entirely or sue the city. [24] The lawsuits never materialized, however. [25]
Real estate firm JLL’s most recent numbers say that private capital provided 80% to 90% of offers on commercial real estate at the start of 2023, the San Francisco Business Times reports.
The shorter tower, at 512 Mission Street, is planned to climb 605 feet (184 m) and will contain the 169-room Waldorf Astoria San Francisco hotel on the first 21 floors [8] and approximately 154 residential units on the upper 33 floors. [3] [9]