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San Francisco DMV Field Office to Become Apartment Complex

San Francisco DMV Field Office to Become Apartment Complex

by Phil Hall | Oct 4, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The office of California Gov. Gavin Newsom announced the redevelopment of an existing Department of Motor Vehicles (DMV) Field Office in San Francisco into an apartment complex. The current site was constructed in 1960, but it no longer complies with current health...
RealPage Reconfigures Products After San Francisco Prohibits Rent-Setting Software Usage

RealPage Reconfigures Products After San Francisco Prohibits Rent-Setting Software Usage

by Phil Hall | Sep 5, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The property management software company RealPage Inc. has upgraded its product line to enable users to remove its nonpublic competitor data when calculating rent recommendations. The Richardson, Texas-based company said the upgrade comes in the wake of the Sept. 3...
Elon Musk Seeks to Sublease X’s San Francisco Headquarters

Elon Musk Seeks to Sublease X’s San Francisco Headquarters

by Phil Hall | Jul 15, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Elon Musk is looking to sublease the 800,000-square-foot San Francisco headquarters for his social media platform X (formerly known as Twitter). The San Francisco Chronicle reported that JLL (NYSE:JLL) was contracted to market roughly 460,000 square feet of X’s office...
Steve Jobs’ Widow Breaks San Francisco Record with $70 Million Home Purchase

Steve Jobs’ Widow Breaks San Francisco Record with $70 Million Home Purchase

by Phil Hall | Jul 15, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The widow of Apple Inc. (NASDAQ:AAPL) co-founder Steve Jobs has broken a San Francisco record for the city’s most expensive home purchase. The Wall Street Journal, citing unnamed “people familiar with the transaction,” reports that Laurene Powell Jobs paid...
New Study Ranks the Best and Worst Markets for Real Estate Agents

New Study Ranks the Best and Worst Markets for Real Estate Agents

by Phil Hall | Jun 25, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Question: What are the best markets for today’s real estate agents? A new study has come up with some surprising answers. Clever Real Estate focused on the nation’s 50 most populous metro areas and number-crunched a series of metrics that included affordability,...
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