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The weighted average asking rent for an apartment in San Francisco has effectively held at around $3,600 over the past quarter, which is less than 3 percent higher than at the same time last year, 12 percent lower than prior to the pandemic and 19 percent below its 2015-era peak of nearly $4,500 a month, […]READ MORE +

As we outlined a couple years ago, plans for an 80-unit townhome development to rise on odd-shaped, 1.72-acre parcel on the hillside above the Laguna Honda Reservoir, between Clarendon Avenue and Warren Drive, were approved back in 1972 but building permits for the site were never requested and the entitlements for the development expired. Six […]READ MORE +

The average rate for a benchmark 30-year mortgage has jumped 40 basis points (0.40 percentage point) over the past two weeks to 6.79 percent, which is 170 basis points and over 30 percent higher than at the same time last year, none of which should catch any plugged-in readers, other than the most obstinate, by […]READ MORE +

Technology, media and telecommunications (TMT) companies are frequently in the public spotlight. That’s brought attention to the environmental, social and governance (ESG) themes they confront, from data privacy to the ethics of artificial intelligence. From an environmental perspective alone, the industry faces significant challenges — consider the carbon footprint of data centers and global supply chains. In response, many TMT companies are moving quickly toREAD MORE +

Several factors don't bode well for credit availability in the months ahead.READ MORE +

The company, facing a capital crunch, said earlier this year it planned to list the facility in order to realize additional cost savings.READ MORE +