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San Francisco Pivots to 3-to-6 Percent Commercial Foreclosure Tax, Eyeing $67MM a Year After Shelving BUILD Act

Days after pausing a sweeping transfer-tax cut for high-value property sales, San Francisco Mayor Daniel Lurie and Supervisor Bilal Mahmood are advancing a...

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AECFeaturedINDUSTRY newsResidential

San Francisco’s BUILD Act Slashes Transfer Tax on Large Real Estate Deals to Unlock Tens of Thousands of Stalled Housing Units

Mayor Lurie and Supervisor Mahmood introduce revenue-neutral legislative package aimed at rolling back Proposition I’s doubled rates, reducing per-unit construction costs by $32,850,...

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