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The Real Deal is the leading source for real estate news and information. Covering the deals, developments and policies that matter.
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News
Adult entertainment mogul buys building once at center of FBI probe into city corruption
2+ mon, 3+ day ago (492+ words) A Mission District office building once caught up in a San Francisco government corruption scandal has a new owner who’s no stranger to the city’s commercial market. An entity tied to Peter Acworth, founder of adult entertainment website Kink.com,…...
Freeway-fronting hillside in Visitacion Valley poised for mixed-income multifamily development
3+ mon, 2+ day ago (200+ words) Three-building, 45-unit project proposed as city faces dearth of new housing supply A property owner in San Francisco’s Visitacion Valley neighborhood is looking to turn a narrow parcel overlooking the freeway into several dozen apartments. The San Francisco Planning Department…...
AI boom pushes San Francisco median home prices north of $2M
5+ mon, 4+ day ago (278+ words) Supply-demand gap “continues to pressurize the market,” researcher says San Francisco’s housing market has reached new heights, driven by an artificial intelligence boom that has pushed median home sales price to $2.15 million — a new record representing an 18 percent increase from…...
Insurance commissioner race touches down in San Francisco
5+ mon, 11+ hour ago (512+ words) Plus: Blurred lines on hotel market also in the news for Bay Area this week What might be a benchmark of success for California’s next insurance commissioner? For state Sen. Ben Allen, one of eight candidates in the relatively high-profile…...