Blog2017-06-22T19:02:42+00:00

MIRA San Francisco – Public Release

MIRA SAN FRANCISCO PUBLIC RELEASE Tishman Speyer - the developer behind LUMINA and Infinity - has officially launched MIRA San Francisco, their newest luxury high-rise offering, at Folsom and Spear Streets. Please refer to our previous posts regarding details on the development, floor layouts, and initial pricing ranges: MIRA Development Overview MIRA Pricing and Layout Update - September 2018 This project is anticipated to be THE premier South Beach new development condo offering in 2018. There will be a number of units offered in the initial phase, including premium units with unimpeded views of the San Francisco Bay and Bay Bridge. Through our history of sales with the developer, we are able to share specific unit pricing, floor plans,

October 14th, 2018|

The Transformation of SoMa: Central and Western SoMa Plans

The Transformation of SoMa: Central and Western SoMa Plans San Francisco's South of Market district is a unique patchwork of commercial retail, office space, bars, restaurants, and light industrial space with a character all its own. The neighborhood has seen substantial growth in the past few years, with major tech companies setting up headquarters in the once-industrial district. A comprehensive rezoning effort called the Central SoMa Plan has just been approved, and another called the Western SoMa Plan is being analyzed by the Environmental Impact Report board (EIR) to help the growing neighborhood address its housing and transit concerns. On a broad level, the plans call for a total of 13 sub-projects across SoMa that will create a sustainable, modern neighborhood,

October 9th, 2018|

MIRA SF Pricing and Layout Update

MIRA SF | Pricing and Floor Plans *PLEASE CONTACT US DIRECTLY TO RECEIVE UNIT RENDERINGS, BUILDING UNIT MIX, AND ADDITIONAL PRICING DETAILS WHICH WE CAN SHARE DISCUSS WITH CLIENTS* Tishman Speyer is slated to launch sales of its newest luxury condominium tower, MIRA, in the next few weeks. Montgomery + LEE has received information on unit pricing, floor plans, and building amenities to share with our clients. We are available to discuss floor plan details, view orientations, pricing, and building amenities and can support our clients for the pre-market launch and sales offerings. It has now been confirmed that the 400-foot tower will launch under the name Mira in October 2019, and will offer 392 condos with studios, 1 bedroom,

September 9th, 2018|

As New Inventory Slows, San Francisco Condo Pricing Rising

Bisnow Article: As New Inventory Slows, San Francisco Condo Pricing Rising New condo inventory growth has seen a slowdown in recent years and prices have continued to creep higher. This Bisnow article highlights the biggest upcoming SF new construction projects and explores the future of SF new developments on the horizon. https://www.bisnow.com/san-francisco/news/multifamily/as-new-inventory-slows-san-francisco-condo-pricing-rising-85543

March 6th, 2018|

Market Report 2016: Hayes Valley

Our 2016 Market Report for Hayes Valley showcases trends, sales and data on luxury condos in this neighborhood.  In this report, you will find market data about the specific buildings that make up the luxury condo offerings. We hope you find this information beneficial if you are considering selling or are interested in market performance for Hayes Valley in 2016.

May 30th, 2017|

Market Report 2016: Mission Bay

Our 2016 Market Report for Mission Bay showcases trends, sales and data on luxury condos in this neighborhood.  In this report, you will find market data about the specific buildings that make up the luxury condo offerings. We hope you find this information beneficial if you are considering selling or are interested in market performance in Mission Bay for 2016.

May 30th, 2017|

Market Report 2016: South Beach and Yerba Buena

Our 2016 Market Report for South Beach and Yerba Buena showcases trends, sales and data on luxury condos in these neighborhoods.  In this report, you will find market data about the specific buildings that make up the luxury condo offerings. We hope you find this information beneficial if you are considering selling or are interested in market performance in South Beach and Yerba Buena for 2016.

May 30th, 2017|

What Will Happen to Mortgage Rates in 2017?

The short answer, according to many experts, is that mortgage rates are likely to hit 4.5 percent to 5 percent by the end of 2017. This could put more pressure on buyers to “act now” before rates slide up even more. It could also cause some sellers to stay put rather than trade up to a more expensive property. Throughout 2015 and 2016, home buyers enjoyed historically low mortgage rates. Fixed-rate 30-year prime mortgages were priced at 3.87 percent at the end of 2014 and 3.96 percent in December of 2015. Rates first began shifting upward in mid-November, shortly after the Presidential election. Then, at their December meeting, the Federal Reserve raised short-term interest rates for the first time in years, which also put

February 21st, 2017|

What’s Hot in the San Francisco Restaurant World

Our clients often ask us for restaurant recommendations, particularly in the neighborhood where they are purchasing a home. We can honestly say that few cities in the nation and perhaps the world have more outstanding restaurants, types of cuisine and famous chefs. San Francisco diners have very sophisticated tastes. If a restaurant doesn’t consistently please, it doesn’t last long. As the San Francisco Chronicle proclaims, “No other area of the country has a more dynamic scene, and it keeps getting better.” To discover the consistently best restaurants in San Francisco, we recommend that you start with the San Francisco Chronicle’s Top 100 Restaurants Guide. The Chronicle has been at this for a very long time, and it has its finger on the pulse

November 4th, 2016|

What’s up with Airbnb?

Love it or hate it, Airbnb is here to stay as a major force in the San Francisco short-term rental market. Last November, The San Francisco Board of Supervisors ruled that homeowners can rent out their houses and apartments on the home-rental marketplace for only 60 days per calendar year. They were responding to the concern of many San Francisco residents that Airbnb rentals are contributing to the housing crunch. San Francisco, like many cities nationwide, is worried that if some homes and apartments are effectively turned into quasi-hotels, existing rental stock will be depleted, thereby driving up rents, as well as home prices. San Francisco’s decision could have major repercussions for the eight-year-old startup because Airbnb is waging similar battles with lawmakers around

September 14th, 2016|