Proposition M
San Francisco’s Record $16.9B Budget Rests on Commercial Real Estate’s Fragile Rebound
San Francisco’s largest-ever budget quietly wagers its balance on a commercial property recovery that is gathering speed but remains far from complete, tying...
San Francisco Ordinance Would Scrap Prop M Office Cap Review, Housing Balance Reports in 362 Pages of Code Cleanup
A sweeping code-cleanup ordinance now before the San Francisco Board of Supervisors would delete ten sections of the Planning Code outright, repeal the...
San Francisco Warns Developers: Build Stalled Office Projects or Forfeit Prop M Allocations
San Francisco’s planning chief has moved to reclaim dormant office development rights from developers sitting on long-stalled downtown projects, threatening to strip their...
Historic Decline in San Francisco’s Transfer Tax Revenue Signals Economic Shifts
The recently published Annual Comprehensive Financial Report (ACFR) for FY 2024 by the City and County of San Francisco provides a detailed look...
The Impact of San Francisco’s Proposition M on the Commercial Real Estate Industry
Nearly 70 percent of San Francisco voters approved Proposition M during the November 2024 election, introducing sweeping changes to the city’s business tax...
Five Point Holdings Reveals Ambitious Commercial Expansion for San Francisco Development in IPO Filing
Earlier this week Five Point Holdings, a California master developer spin-off company of Miami-based home builder Lennar, filed form S-11 with the Securities...
Real Estate Researchers Predict Bay Area Office Market Slowdown Through 2021
By Michael Hopek Cushman & Wakefield regional director Robert Sammons forecast mixed housing and office markets for the next five years during a...
San Francisco Office Development Backlog Reaches 10MM Square Feet
By Robert Carlsen A recent CBRE Group, Inc. report regarding San Francisco office development approvals reveals a backlog of at least 10 million...
