SF APARTMENT magazine
MAINTAIN TO
RETAIN HAPPY RESIDENTS, HEFTY RETURNS San Francisco Apartment Association February 2020 / $7.00
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JAMES DEVINCENTI
BRAD LAGOMARSINO
Executive Vice President/Multifamily Investments
COLLIERS INTERNATIONAL 101 Second Street, 11th Floor San Francisco, CA 94105
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Visit Us at: www.THEDLTEAM.com
lic. 01058500
415 288 7848 j.d@colliers.com lic. 00951916
415 288 7847 brad.lago@colliers.com
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JAY GREENBERG SENIOR DIRECTOR COMPASS COMMERCIAL
415.378.6755 JAY@JAYHGREENBERG.COM LICENSE: 01049568
TRIGG SPLENDA
VITALY RUTUS
SENIOR SALES ASSOCIATE COMPASS COMMERCIAL
INVESTMENT ADVISOR COMPASS COMMERCIAL
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Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01527235. All materials presented herein is intended for informational Purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any descriptions. This is not intended to solicit property already listed.
SF APA magazine
SF APARTMENT
contents
Features
20
No Place Like Home by KEVIN L. THOMPSON
28
Decade in Review by TERRENCE JONES
32
Top-Tier Talent by PAM MCELROY
28 4
FEBRUARY 2020 | SF APARTMENT MAGAZINE
PARTM Columns
Membership
8
16
Measure for Measure
Ex Marks the Spot
The News
12
38
Legal Q&A
SFAA Trophy Award Photos
54
by VARIOUS AUTHORS
Calendar
Board Report
56
Host with the Most by DAVE WASSERMAN
Professional Services Directory
60
Membership Application
20 SF APARTMENT MAGAZINE | FEBRUARY 2020
5
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Management
Project Management
2209 Lombard Street, San Francisco, CA 94123
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FEBRUARY 2020 | SF APARTMENT MAGAZINE
415.608.3050
berendtproperties.com
magazine
SF APARTMENT
San Francisco Apartment Association Office 265 Ivy Street San Francisco, CA 94102 Tel 415-255-2288 Fax 415-255-1112 Email sfaa@sfaa.org
Web www.sfaa.org
SFAA Staff Executive Director Janan New
Deputy Director Vanessa Khaleel
Education Specialist Stephanie Alonzo Member Services Manager Maria Shea
Government and Community Affairs Charley Goss
Accountant Crystal Wang
SFAA Officers President Chris Bricker
Vice President Robert Link Treasurer Jim Hurley
Secretary Mark Henderson
SFAA Directors Eric Andresen, Honor Bulkley, Andre Ferrigno, David Gruber, Kent Mar, Neveo Mosser, J.J. Panzer, Bert Polacci,
VOLUME XXXIII, NUMBER 2 FEBRUARY 2020 Published by Hippo Productions Publisher Vanessa Khaleel Editor Pam McElroy
Art Director Jéna Safai
Production Manager Cameron Shaw Tel 415-392-3770
Web www.sfaa.org SF Apartment Magazine (ISSN 1539-8161) Periodicals Postage Paid at San Francisco, California. POSTMASTER: Send address changes to the SF APARTMENT MAGAZINE, 265 Ivy Street, San Francisco, CA 94102. The SF Apartment Magazine is published monthly for $65 per year by the San Francisco Apartment Association (SFAA), 265 Ivy Street, San Francisco, CA 94102. The SF Apartment Magazine is not responsible for the return or loss of submissions or artwork. The magazine does not consider unsolicited articles. The opinions expressed in any signed article in the SF Apartment Magazine are those of the author and do not necessarily reflect the viewpoint of the SFAA or SF Apartment Magazine. This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is sold with the understanding that the publisher is not engaged in rendering legal, accounting or other professional services. If legal service or other expert assistance is required, the services of a competent person should be sought. Acceptance of an advertisement by this magazine does not necessarily constitute any endorsement or recommendation by the SFAA, express or implied, of the advertiser or any goods or services offered. Published monthly, the SF Apartment Magazine is distributed to the entire membership of the SFAA. The contents of this magazine may not be reproduced without permission. Publisher disclaims any liability for published articles. Printed by Jostens Printing Co. Copyright @2020 by SFAA.
Susan Sangiacomo, Dave Wasserman
SF APARTMENT MAGAZINE | FEBRUARY 2020
7
COLUMN
THE NEWS Proposition C Prop C is a measure to extend health care benefits to employees of the Housing Authority of the City and County of San Francisco who started working for the City and County of San Francisco on or after March 7, 2019, and before March 1, 2021, without a break in service between employment with the Housing Authority and employment with the City and County of San Francisco. The measure has to go before voters because it’s technically an amendment of the City Charter. To pass, the measure needs a simple majority vote. SFAA recommends a “Yes” vote on this measure.
Proposition D Prop D imposes a tax on ground floor commercial properties that have been vacant for more than 182 days in certain commercial districts. The tax is
Measure for Measure
The March 3 election will have five ballot measures. Read on for details and SFAA’s positions.
T
year the space is left vacant. This prop requires two-thirds supermajority to pass. SFAA recommends a “No” vote on this measure.
Proposition E Prop E is a measure to limit new office
he March 3 election includes
construct, and repair City College facili-
space development in San Francisco
a number of measures that
ties. The bond measure requires a vote
if the city does not meet its RHNA Af-
would affect San Francisco
of 55% to pass and authorizes a 50%
fordable Housing production goals.
property owners, including
passthrough to tenants. SFAA recom-
The measure would lower the current
mends a “No” vote on this measure.
amount of allowable office space in
earthquake safety and preparedness and a vacancy tax on storefronts. Read
accordance with affordable housing
on for a summary of these measures,
Proposition B
as well as the San Francisco Apartment
Prop B is a $628.5 million bond measure
simple majority to pass. SFAA recom-
Association’s positions. For a full slate
to finance the seismic retrofitting of the
mends a “No” vote on this measure.
card, which includes SFAA’s preferred
emergency firefighting water system
candidates for the Democratic County
(which supplies the large volumes of
Rent-Gouging Ban Extended
Central Committee, State Senate, State
high-pressure water when necessary
Governor Gavin Newsom extended
Assembly, and San Francisco Superior
during an emergency) and the construc-
the statewide wildfire-prompted ban
Court Judges, turn to page 14.
tion, acquisition, improvement and reno-
on “rent-gouging.” As of now, the ban
vation of firefighting facilitates, police
will remain in effect through the rest
stations, the 911 call center and other
of 2020 for Butte, Los Angeles, Men-
Prop A is an $845 million bond mea-
disaster response infrastructure. The
docino, Napa, Santa Barbara, Sonoma
sure to fix and repair City College
measure needs a two-thirds supermajor-
and Ventura counties. With limited ex-
facilities; make necessary seismic
ity to pass. SFAA recommends a “Yes”
ceptions, this means property owners
retrofit improvements; and to acquire,
vote on this measure.
throughout the state cannot increase
Proposition A
8
$250 per linear foot and increases each
FEBRUARY 2020 | SF APARTMENT MAGAZINE
development. This proposition needs a
ALLISON CHAPLEAU M U LT I - U N I T. MIX ED - U S E. COM M ERC IAL.
Listed & Sold 2019
696-698 5th Ave - December - Represented Buyer
74-76 Pixley St - August - Represented Buyer
198 States St - December - Represented Buyer
451-453 26th Ave - August - Represented Seller
219-221 Ashbury St - December - Represented Seller
418-420 Union St - July - Represented Seller
422 Green St - December - Represented Seller
2040-2048 Taylor St - July - Represented Seller
1103-1105 Alabama St - November - Represented Seller
2955-59 Mission St - June - Represented Seller
1204-1210 6th Ave - November - Represented Seller
3638 19th St - June - Represented Seller
1960 Fulton St - October - Represented Buyer
688-98 Corbett Ave - May - Represented Seller
574 5th Ave - October - Represented Seller
717 6th Ave - March - Represented Buyer
943-945 Haight St - October - Represented Seller
2739 Geary Blvd - January - Represented Seller
1821 Hyde St - October - Represented Seller
1395 47th Ave - January - Represented Seller
1031-1039 Scott St - September - Represented Seller
674-84 Corbett Ave - January - Represented Seller
2456 Steiner St - August - Represented Seller
Considering Buying or Selling a Multi-Unit Property in 2020? Allison’s focus is on the sale of multi-unit, mixed-use and commercial properties in San Francisco. With over 17 years of experience in selling investment properties, she can help maximize the value of your property. Contact Allison today to receive a complimentary and confidential opinion of value of your property.
ALLISON CHAPLEAU Vanguard Commercial | Senior Vice President 415.516.0648 | allison@allisonchapleau.com | License: 01369080
ALLISONCHAPLEAU.COM SF APARTMENT MAGAZINE | FEBRUARY 2020
9
ANNUAL ALLOWABLE RENT INCREASE Effective March 1, 2020 through February 28, 2021, the allowable annual rent increase amount will be 1.8%. This amount was determined by taking 60% of the percentage increase in the Consumer Price Index. To calculate the allowable rent increase, multiply the tenant’s base rent by .018. For more information, visit the San Francisco Rent Board website at sfrb.org or call them at (415) 252-4600.
SFAA Updates Annual SFAA Trade Show - Save Thursday, March 26, 2020 for the annual SFAA Trade Show at the Fort Mason Center. Attendees will learn all about the latest trends, products and services in the multifamily housing industry. Consult with legal and management professionals, get to know service providers, improve your overall effectiveness at the free educational classes, and meet peers in the San Francisco rental property market. The event is free and open to the general public, so bring your friends and enjoy! Please note that the trade show will replace the March member meeting. For more information on the trade show or to become a sponsor, contact vanessa@sfaa.org.
the rent on existing and new tenants by more than 10%.
2020 SFAA Lease Update - The SFAA lease committee is reviewing and making up-
Penalties for violating the price-gouging
dates to the current lease. Visit www.sfaa.
ban can include a year in county jail,
org in March for the 2020 lease.
$10,000 in fines, and other civil penalties. Additional penalties can be imposed by
Rent Board Fee - The San Francisco Rent
local jurisdictions.
Board announced the updated 2019-2020 fees. From July 2019 – June 2020, the up-
Homeless Task Force Report Gov. Newsom’s Council of Regional
dated fee is $25.
Homeless Advisors released a report rec-
Upcoming Dates of Note
ommending that the state of California
Informal Review Request – If you believe
pass a constitutional amendment requir-
your property assessed value is higher
ing all cities and counties to provide
than market value, you can request an
adequate shelter or housing for every
Informal Assessment Review, by no later
homeless person in the state. The pro-
than March 31, 2020. This review request
posal mandates that each of the states 58
applies to single family dwellings, resi-
counties and 482 cities meet housing and
dential condominiums, townhouses, live-
shelter needs within a year of passing.
work lofts, and cooperative units. Submit requests online (preferable) or by mail.
Legal
?’s
Get Answers. Confused about local and statewide rental housing laws? Take advantage of SFAA’s legal information network. Before every SFAA General Membership Meeting, a diverse panel of San Francisco landlord attorneys answers your questions about your property, your tenants and the Francisco Rent Ordinance. SFAA monthly
According to the SF Chronicle, the cost of
For more information and instructions,
housing California’s homeless population
visit sfassessor.org.
meetings and legal panels are a
Gov. Newsom proposed a budget creat-
San Francisco Assessor’s Family Wealth
benefit just for members, so make
ing a $750 million fund to cover rent and
Forum - This free three-hour event is a
building housing for homeless people,
one-stop shop for families looking for
and a $1.4 billion expansion to Medi-Cal to
answers about asset building and estate
fund support services.
planning. The event will include one-on-
of 156,000 would cost billions of dollars.
one expert counseling, multilingual workSacramento Mayor Darrell Steinberg—
shops about affordable housing, estate
co-chair of the 13-member task force—is
planning, property tax transfers and sav-
aiming to have this amendment in the
ings for families. This event was created
November general election. Two-thirds of
by San Francisco Assessor Carmen Chu
the Legislature would have to vote to put
and will take place in May (date and
the amendment on the ballot, and to pass,
details TBD). To register for the event,
it would need the majority of the vote.
visit sfassessor.org.
10
FEBRUARY 2020 | SF APARTMENT MAGAZINE
sure you are getting the most out of your membership and be sure to attend the next meeting.
Compass Commercial
ADAM FILLY Exceeding Expectations
Available Properties Apartments | Mixed-Use | Commercial
Adam’s transactional experience, comprehensive market knowledge, and marketing expertise will put you in the position to achieve your goals and maximize the return on your investment.
Please contact Adam for a complimentary and confidential market evaluation of your property, or to consult on any real estate matter.
Coming Soon - Inner Sunet | 5 Units
2298 Lombard St | $2,100,000 | Commercial Condo
Adam Filly Senior Vice President m: 415.516.9843 adam@adamfilly.com DRE 01354775 www.AdamFilly.com
688 Haight St | $2,750,000 | 5 Units
Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01527235. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed.
SF APARTMENT MAGAZINE | FEBRUARY 2020
11
COLUMN
BOARD REPORT
Host with the Most w r i t t e n b y DAV E WA S S E R M A N
As we begin 2020, think about how we, as an industry, present our product and treat our customers.
T
touted this wise advice to members of our industry who cared to listen. A failure to maintain the rental unit over time is far more expensive than paying for the every-so-often repair requests. Admittedly, unclogging a sink or replacing a broken window frame
his piece will not make me
to reasonable requests? Of course you
may draw ire, especially when you sus-
popular with many of you.
wouldn’t, as to do so would mean no
pect that the tenant is to blame, but the
Regardless, the message
more customers. In essence, combat-
alternative is worse. Deferred mainte-
must be delivered and is long
ing your clients, even if your prices
nance can balloon into out-of-control
overdue. During my twenty-five years
were regulated by the government,
expense bills. Just ask anyone who has
as a member of the multifamily housing
would hasten the inevitable ruination
purchased a building where the prior
industry, I have observed persistent and
of the business.
owner did absolutely nothing.
ward the segment of the population that
But because of rent ordinances and
Tenants are, believe it or not, human be-
provides us with income and wealth:
high demand, we feel justified in taking
ings. They pay you money each month,
tenants. This notion that all renters are
overly aggressive stances. My plea today
and in return they deserve a level of re-
conniving and free loading, fostered
is that we collectively re-examine that
spect. They also tend to take better care
in large part by the local political land-
attitude. Besides common sense, here
of their unit, and the building, when
scape and the barrage of terrible legisla-
are some reasons why it pays to employ
they know that you care.
tion from both city and state politicians,
quality customer care:
intensified negativity, on our end, to-
Remember, a tenant who has low rent
seemingly persuades us to treat our cliThe best tenants will inevitably rent
because of our more than 40-year-old
those units and buildings that are main-
rent law should not be blamed for the
Yet the state of affairs has forced the
tained impeccably. They will also pay
windfall received. By the same token,
industry to reflect on its core mission
the highest prices. People who want
should you be penalized when you sell
and, to a larger extent, the image that it
to live in a dump probably have little
your building for a large profit, or enjoy
portrays. As property owners, we strive
respect for lease covenants and the well-
consistently higher income from your in-
to attract and maintain the highest
being of their neighbors.
vestments? I tell owners who complain
entele with contempt and disdain.
about rent control that nowhere else in
quality of tenants. This is achieved not by soliciting substandard housing or
Tenants have substantial ability to
this country, outside of perhaps Manhat-
becoming combative with the renters,
cause you financial and emotional
tan, would they enjoy the levels of yearly
but by promoting excellent customer
pain. If you pick a fight with your ten-
appreciation, high rents, and upside that
service and care. We lose sight of this
ant, you may be spending an inordi-
are routinely handed to them by our
mission in large part because of rent
nate amount of time at Rent Board
market. Yes, they must work hard and
control. A tenant is perceived as “bad”
hearings, in court, and with attorneys.
pay attention to the rules, but at the end
simply because the length of a tenancy
While the legal industry thrives, your
of the day they get paid handsomely.
has inevitably resulted in below market
bank account will diminish.
To this end, denying tenants services simply because they have “been there
rent. This conclusion, unfortunately,
12
makes for terrible and, indeed, unpro-
Most tenants have no knowledge about
too long” is ridiculous and wrong, both
ductive business practices.
the universe of Rent Board petitions,
morally and legally. Study after study
tenant litigation, and the like. They gain
confirms that rent control only drives up
If you were operating a hotel or res-
this understanding only when con-
the prices of rent in the community and
taurant, would you act aggressively
fronted by adversity. Once they become
increases the building’s value over time
and negatively toward the patrons?
attuned to the system, there’s no going
because supply is quashed, so unless
Would you pursue ways to decrease
back. Delene Wolf, the former Execu-
the owner is willing to part with some
customer services and fail to respond
tive Director of the Rent Board, often
of this end-of-the-day profit, long term
FEBRUARY 2020 | SF APARTMENT MAGAZINE
John Antonini
+
Daniel Foley
Multifamily + Mixed-Use + Add-Value
Just Listed
Just Listed
1251 20th Avenue
62 Oakwood Street
6 Units | Inner Sunset 13.08 GRM, Soft Story Completed
Just Sold
1675 Clay Street 13 Units | Nob Hill
5 Units | Mission Dolores $458/ft, 1/2 Block from Dolores Park
Just Sold
1044 Judah Street 6 Units | Inner Sunset
Just Sold
2286 15th Street
3 Units | Duboce Triangle
Call for a FREE valuation of your property. John Antonini
415.794.9510 john@antoninisf.com DRE 01842830
Daniel Foley
415.866.7997 daniel@danielfoley.com DRE 01866714 SF APARTMENT MAGAZINE | FEBRUARY 2020
13
Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01527235. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate.
tenants deserve the same level of customer
SLATE CARD
care as those paying market rates. I am not suggesting that you overlook
BALLOT MEASURES
legitimate violations of lease covenants or a failure to pay rent. To the contrary, there
Proposition A
City College Job Training, Repair and Earthquake Safety Measure
NO
Proposition B
San Francisco Earthquake Safety and Emergency Response Bond
YES
Retiree Health Care Benefits for Former Employees of the SF Housing Authority
YES
Vacancy Tax
NO
Proposition C Proposition D
are some misguided tenants out there, but I have found that many of the disputes that have come across my desk could have been prevented by common sense management and normal customer care. Attorneys oftentimes encourage aggressive stances, but most of them don’t write the checks to pay for these buildings. Rather, their approach may be to create adversarial situations because that is what they know and profit from. Most importantly, making life dif-
Proposition E
Limits on Office Development
NO
actions of the few: a law affecting everyone
DEMOCRATIC COUNTY CENTRAL COMMITTEE, AD-17 (VOTE ALL 13) Steven Buss
Kristen Asato-Webb
Tyra Fennell
Carole Migden
is passed, enhanced over time, and made permanent for future generations to suffer by. Is this what we want?
Tami Bryant
Michael Chen
Austin Hunter Bivett Brackett
Let’s examine recent history. In the late
Nancy Tung
1990s, real estate speculators came rushing
Vallie Brown
verting apartment buildings into tenancy-
Victor Olivieri
Nima Rahimi
into town to make their fortunes by conin-common, or TIC, developments. For the next 10-plus years, renters were coaxed out
DEMOCRATIC COUNTY CENTRAL COMMITTEE, AD-19 (VOTE ALL 10) Kat Anderson
Seeyew Mo
Ahsha Safai
Suzy Loftus
Nadia Rahman
Paul Miyamoto
of their units with buy-outs or displaced through Ellis Acts, owner move-ins, and other types of evictions. City Hall and the voters responded with unprecedented
Mary Jung
legislation that has now become a perma-
Mawuli Tugbenyoh
evictions, tenants get paid at least $7,000
Jane Natoli
Cyn Wang
STATE SENATE, DISTRICT 11 Scott Wiener STATE ASSEMBLY, DISTRICT 17 David Chiu STATE ASSEMBLY, DISTRICT 19 Phil Ting
nent fixture of the landscape. For no-fault each. You can only do one owner move-in per building. Tenants over 60 or suffering from disabilities, have children, or work in education cannot be evicted under most circumstances. There are no more relative move-ins evictions unless the owner also lives in the same building. Ellis Acts are exceedingly complicated and expensive. Tenants can move in roommates without much
SAN FRANCISCO SUPERIOR COURT JUDGE
regard to the lease. Condominium conver-
Seat 1-Pang Ly
comprehensive tenant harassment law pe-
Seat 21-TBD
regulated. Statewide rent control is now in
Seat 18-Dorothy Chou Proudfoot
SLATE CARD IS FOR SFAA MEMBERS ONLY 14
for bad legislation. We have seen how the irresponsible legislators respond to the bad
CANDIDATES
Mick Del Rosario
ficult for your customers creates the fodder
FEBRUARY 2020 | SF APARTMENT MAGAZINE
sions are essentially off the table. There is a nalizing bad behavior. Buy-outs are heavily effect and unit registration may become a Board Report… continued on page 65
TERRENCE JONES Ethical. Human. Local.
Terrence Jones Offers Creative Solutions for a Fast Paced Market
D
JUST SOLD IN LAKE STREET (1d)
S
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175 21st Ave
J
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San Francisco, CA 94121
18 UNITS Purchased in 2014 for $6.0M & resold in 2019 for $9.5M. (58% gain in sales price, call for details). Contact Terrence for a complementary valuation on your building — whether buying, selling, or executing a 1031 Exchange, Terrence can lead you in the right direction. Call, text or email to start the conversation.
Terrence Jones
Senior Broker Associate Lic. #01343939 Terrence@TerrenceJonesSF.com TerrenceJonesSF.com | 415.786.2216 SF APARTMENT MAGAZINE | FEBRUARY 2020
15
COLUMN
LEGAL Q&A
Ex Marks the Spot w r i t t e n b y VA R IOU S AU T HOR S
different opinion on a fair price. Nego-
In the case of divorce, is a rent-controlled apartment considered an asset? Q. A single man moved into a tenant’s tenancy is valuable to him,
tiating on price may lower your upside,
unit five years ago. He has since gotten married, gotten divorced, and moved out, leaving his exwife behind as an occupant. She is not on the lease, and her exhusband is still paying the rent. Because they were married, is the lease agreement now hers?
A. An old joke: “Why is divorce so ex-
ex takes over the apartment at the new rent, your tenant might be grateful for an amicable end to at least one of his relationships this year.
but to anyone else, it’s just a tenancy.
—Justin A. Goodman
Legal separation focuses on dividing “assets.” This could include some kinds of leases, like those with options to purchase, but again, a month-to-month tenancy is not an asset. It’s good that he’s still paying the rent (because if you had accepted rent from
Q.
Former residents left behind a full apartment’s worth of furniture. They’re not responding to emails or calls. What do I do?
A. The answer to this question
her, she could argue that you created
depends in large part on whether the
pensive? Because it’s worth it.” It sounds
a tenancy with her directly, and at the
rental unit is a residential or commercial
like your tenant gave up a valuable rent
lower rent!). But you should serve the in-
unit. If the unit is a residential unit, the
controlled apartment to his ex. On the
crease soon. While she shouldn’t acquire
landlord’s options would be governed
other hand, maybe he was feeling a little
new rights just because he isn’t living
by Civil Code Sections 1951.3, 1987 and
spiteful and knew what he was doing all
there, a local rent board rule purports
1988. Taken together, these sections pro-
along—it was valuable to him (measured
to make your right to market rent expire
vide that when a tenant has abandoned
by the difference between his rent and
90 days after you have “actual knowl-
personal property (i.e., furniture, pa-
market rate). By that same measure, it
edge that the last original occupant no
pers, personal effects, etc.) at the rental
should be worthless to her.
longer permanently resides at the unit.”
unit, the landlord must post and mail a
This rule has been around since before
notice describing the personal property
A normal month-to-month tenancy
Costa-Hawkins, and previous versions
left behind by the tenant. The notice is
isn’t an asset—it’s a continuing relation-
actually sought to “elevate” subten-
called a Notice of Belief of Abandon-
ship between landlord and tenant that
ants to “original occupant” status if the
ment or a Notice of Right to Reclaim
can generally be terminated in 60 days.
landlord did something as trivial as re-
Abandoned Property. The notice should
Rent control also isn’t an asset. It’s a
sponding to a subtenant repair request.
affix pictures of the personal property
regulation. But because rent-controlled
Costa-Hawkins was adopted to elimi-
in question and accurately list the items.
tenancies are also eviction-controlled,
nate rules like this, but the rent board
tenants have the potential to maintain
is still applying them in rent arbitration
If the notice is personally served, the
their tenancies over time. The longer the
hearings, so it’s safest to comply and
tenant has 15 days to respond to the
tenancy, the wider the gap between con-
avoid the argument.
notice and reclaim the abandoned property. If the notice is mailed, the tenant
tract and fair market rent, and the more valuable the tenancy is to that tenant.
16
but it will limit your liability. And if the
Another (likely preempted) local law
has 18 days after the notice is deposited
considers it “tenant harassment” if
in the mail to respond.
At the same time, the Costa-Hawkins
your rent increase “coerces” them to
Rental Housing Act protects landlords’
vacate (whatever that means). This year,
If the tenant responds within the above
ability to offer vacant apartments at
SFAA sued to overturn that law, but the
referenced period, the landlord must
whatever price they want, despite lo-
case is still pending. To stay safe in the
return the tenant’s personal property to
cal price controls. And this deregula-
meantime, it’s good practice to let both
the tenant. If the tenant fails to respond
tion even applies when an apartment
of them know you’ll be increasing his
by the above referenced period and the
is still occupied but is “vacated” by
rent because he’s not living there, pro-
the last rent-controlled tenant. Your
pose an amount, and ask if they have a
FEBRUARY 2020 | SF APARTMENT MAGAZINE
Legal Q&A… continued on page 50
SF APARTMENT MAGAZINE | FEBRUARY 2020
17
SOLD
Over Asking
SOLD
Marina District | 9 Units | $6,450,000
Marina District | 9 Units | $4,250,000 In association with Nick Bonn
SOLD
FOR SALE
Telegraph Hill | 7 Units | $4,000,000 In association with Gino Franco
Alamo Square | 12 Units | $6,500,000 In association with Dan McGivern
Fantastic Buildings. Unique Transactions. There is a unique story for each of these properties. For detailed information on these buildings, market conditions, soft story issues, or an estimate of value for your property, please call. We look forward to speaking with you.
Offices Throughout the U.S. and Canada
18
FEBRUARY 2020 | SF APARTMENT MAGAZINE
www.MarcusMillichap.com
Specialization • Expertise • Results
SOLD
FOR SALE
Haight Ashbury | 17 Units | $8,050,000
North Beach/ | 6 Units | $4,500,000 Telegraph Hill In association with Gino Franco
FOR SALE
In association with Joe Levy
Mission Dolores | 15 Units | $9,000,000 In association with Joe Levy
SOLD
Russian Hill | 6 Units | $5,300,000
Over Asking
In association with Doug Mallach
To access the investment market, contact the market leader.
Sanford Skeie
Senior Vice President Investments National Multi Housing Group (415) 625-2153 sandy.skeie@marcusmillichap.com License: CA: 00982336
Clinton Textor
First Vice President Investments National Multi Housing Group (415) 625-2157 clinton.textor@marcusmillichap.com License: CA: 01318639
www.MarcusMillichap.com
SF APARTMENT MAGAZINE | FEBRUARY 2020
19
No Place LIKE HOME written by
K E V I N L . T HOM P S O N
The Lower Polk Tenant Landlord Clinic is determined to retain San Francisco’s charm and historical neighborhoods intact and, most importantly, keep San Franciscans housed. Every eviction creates utter chaos and trauma for the people being evicted. I know; I was evicted. It was abrupt and unexpected. It took time to get an affordable rental again. Afterward, it got me thinking. Why couldn’t there be a resource all in one place where I could get information, advice, and help to resolve the issues that had led to my eviction, which ended with my stuff piled into garbage bags on the sidewalk? Last year, exactly 1,592 San Francisco residents received eviction notices. Not every one of those people got evicted, but this is still far too many. When displacement happens, neighborhoods change and are at risk for slowly losing their essential character. San Francisco’s charm and historical neighborhoods begin to disappear. If you read the news, you will read stories about teachers and other public servants living in cars, people working two jobs who are still homeless, and entire families living on the street. Working with Gabriel Bellman, who is a director over at University of California Hastings, we came up with a unique model for a program to help prevent homelessness. It’s elegant and simple, but nobody else was doing it at the time.
20
FEBRUARY 2020 | SF APARTMENT MAGAZINE
SF APARTMENT MAGAZINE | FEBRUARY 2020
21
Basically, you build a coalition of groups
At a fundamental level, we work to make
spaces, etc. We really do try to reach our
that are the best at what they do. Then
sure people stay housed where they are.
target populations.
that coalition works together to keep
Losing an apartment in San Francisco is a
people housed.
terrible thing. It can easily result in home-
This year, we will be making a documen-
lessness. Since San Francisco spends
tary film to elevate the visibility of the
Once Gabriel and I had outlined the basic
hundreds of millions of dollars per year
TLC, while educating viewers about its
ideas and structure for the program, I
on services for the homeless, anything
successes. This documentary will be di-
shared those ideas with our District Su-
we can do to stabilize housing and pre-
rected by an award-winning director, and
pervisor, Aaron Peskin, via a short letter.
vent homelessness not only tempers the
will feature the important stories from
Within a few weeks, Supervisor Peskin
human impact of homelessness but also
our clients, and additional pedagogical
had reserved funding for the project as
reduces the financial impact as well.
information about tenant rights and landlord obligations. Our hope is that it will
we had proposed. But more important than saving money
go viral via social media, and reach peo-
I wrote the proposal to secure the fund-
is saving people from the utter chaos that
ple who we might otherwise not reach.
ing and we won the grant. I am proud to
happens when they lose housing. Many
say that U.C. Hastings was our first coali-
of our clients are people with mental and
Another principle in our program design
tion member.
behavioral health issues. They literally
is that we do not make inappropriate refer-
can’t help themselves. They may have dis-
rals. If someone comes to us, we help them.
Then we met with Charley Goss over at
abilities, cognitive issues, or other things
It is as simple as that. Whatever they need,
SFAA, and explained the idea of provid-
that prevent them from communicating
we help them with it. Between our coali-
ing counseling and education for every-
clearly with their landlords. When we
tion members, we can usually help our
one, including landlords. He was instantly
become aware of a client who needs help,
clients without referring them outside of
intrigued, and joined us as well. Finally,
we work closely with Carole and her team
our coalition.
we met with Carole Conn over at the Bar
at BASF/CIS to focus resources on that
Association of San Francisco about their
client. We also work closely with Gabriel
I am invested in this issue. You might even
housing mediation program, called the
over at U.C. Hastings College of the Law.
say passionate. We all are. Every one of our
Conflict Intervention Service (BASF/CIS).
In fact, Gabriel, Carole, and I have worked
coalition members is as passionate as I am.
She and her team joined our team, and
to set up an innovative conflict resolution
We do this work because it’s the right thing
BASF/CIS became our conflict interven-
fellowship program with Hastings. When
to do, and it works. Since its start, the TLC
tion gurus.
needed, we also work with Charley at
has helped over 200 people stay housed in
SFAA to help educate landlords as to their
the Lower Polk and surrounding environs.
The way we do things is a little different
responsibilities and obligations. That success largely points back to the
than other non-profits in this space. First, we aren’t in opposition to anyone. In fact,
In addition to being non-adversarial and
vision of Supervisor Aaron Peskin who
the Lower Polk Community Benefit Dis-
interdisciplinary, we also deliver our
made the funding possible to establish the
trict by charter exists to benefit everyone.
services in a different way. To me and our
award winning TLC. We also owe a debt
All CBDs are funded from an assessment
other team members, it always seemed
of gratitude to him for recently making
on property owners. We can’t therefore
strange that one can refinance a house on-
money available for the TLC to expand to
exclude one part of the neighborhood
line, literally sometimes moving millions
assist “mom and pop” merchants. If anyone
population, especially not property own-
of dollars, but that our most vulnerable
reading this article knows a small merchant
ers. They are sometimes our best allies
populations cannot gain access to basic
who needs help, send them our way.
when it comes to keeping people housed.
baseline social services via phone, text, and email. So, to use our services, folks
Another key thank you is to the Mayor’s Of-
For example, a few months ago, a woman
just need to email me at kevin@lptlc.org.
fice of Housing and Community Develop-
contacted our office. She was facing evic-
They can also call or text us at 415-723-
ment (MOHCD), our city partner. Without
tion. The woman had lived for 27 years in
0785. If they want to meet us in person,
them, the TLC would not exist.
the Lower Polk and was well-known for
they can do that too. If they need us to
doing charitable work. Were she to have
meet them at a local coffee shop, we will
The successes of the TLC garnered interna-
lost her home, the Lower Polk would have
do that too.
tional recognition by winning the 2019 International Downtown Association's (IDA)
lost an essential element of its character and resilience. In fact, she did not lose
We do whatever it takes. If people don’t
Pinnacle Award for being the absolute best
her home and Charley Goss, from SFAA,
have a way to contact us, or to even know
at what we do.
played a large role in that outcome.
about our services, we do a number of
The way we work is simple.
22
FEBRUARY 2020 | SF APARTMENT MAGAZINE
outreach efforts, including flyering, semi-
Finally, remember when I said I was
nars, tabling at public events and in public
evicted? It happened exactly at the time
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SF APARTMENT MAGAZINE | FEBRUARY 2020
23
five
when I was collaborating with Gabriel on the original proposal for the TLC. Had I not been evicted, I don’t think the TLC would have happened, because the passion to ensure that others do not encounter the same fate may not have been as intense. Sometimes life does strange things like this.
ways to connect
Kevin L. Thompson J.D. is the director of the Lower Pold Tenant Landlord Clinic (TLC) and can be reached at 415-723-0785.
A game. Be on your
SFAA will always be available by phone, email and in
person, but now you can connect with SFAA online, too.
Sign up for SFAA classes at www.sfaa.org or by calling 415-255-2288.
Follow the happenings of your fellow SFAA members and find out the latest in the industry by connecting with SFAA
on Facebook. Search San Francisco Apartment Association and “Like” it to add it to your news feed. Follow SFAA on
SFAA needs
you.
Twitter at www.twitter.com/SFAptAssoc.
Support SFAA’s legal challenges to unjust legislation by donating to the SFAA Legal Fund. SFAA needs to stay relevant to remain effective. Help to further grow the legal fund. It will make a difference. Check out www. sfaa.org/legal-fund.shtml to find out more. *SFAA Legal Fund donations are tax deductible. 1 24sfaa."connect"filler.indd FEBRUARY 2020
| SF APARTMENT MAGAZINE
2/18/11 10:59 AM
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Mirella Webb
Managing Director
Senior Investment Advisor
415.614.4354 mark.bonn@compass.com lic.: 01008844
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Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01527235. All materials presented herein is intended for informational Purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any descriptions. This is not intended to solicit property already listed.
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25
sfaa’s
AB 1482 Overview On October 8, 2019, California Governor Gavin Newsom signed AB 1482, also known as the Tenant Protection Act, into law. This class covers AB 1482 and the various provisions that have the potential to substantially impact residential landlords’ rent-setting and eviction practices. The law applies to residential rental properties throughout California (with certain exceptions), and it has differing implications for current rent-controlled and non-rentcontrolled San Francisco properties. For landlords statewide, the obligation to comply with the Tenant Protection Act begins immediately, with certain provisions of the statute being retroactive to March 15, 2019. DATE & TIME:
CONTACT:
Thursday, February 6, 2020 6:00 pm to 8:30 pm
Maria Shea at 415-255-2288 x10 or maria@sfaa.org.
LOCATION:
You can also register online at sfaa.org.
Fort Mason Center Building C, Room 205 COSTS:
For Members Only: $100
sfaa’s
Master Tenants
Confused about the differences between, master tenants, subtenants and roommates? Come learn how to deal with all three during a tenancy. This class will be taught by Ashley E. Klein of Kaufman Dolowich Voluck Attorneys at Law and will cover: • Understanding the difference between master tenants and subtenants • Learning how to prevent a subtenant from becoming a master tenant • Subleasing laws DATE:
Tuesday, March 31, 2020 TIME:
6:00 PM - 8:30 PM LOCATION:
Fort Mason Center Bldg C, Rm#205 San Francisco, CA 94103
26
• 6.14 Notices • Airbnb and Subleasing • Possible tenant remedies against landlords who elevate subtenants to master tenants
COSTS:
$65 (Members) $85 (Non-members) Credit Card payment required for Non-Members CONTACT:
Maria Shea at Maria@sfaa.org, or 415.255.2288 x10
& Subtenants
FEBRUARY 2020 | SF APARTMENT MAGAZINE
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SF APARTMENT MAGAZINE | FEBRUARY 2020
27
Decade in REVIEW written by
T E R R E NC E JO N E S
Not sure where to invest in 2020? This thorough review of the previous ten years should help. In examining the growth in values in San Francisco, it’s good to have a historical reference on the market for different sized buildings. A unique characteristic of buildings with 16 units or more is that they require an onsite manager by California law. It should be no surprise that these buildings are found mostly Downtown and in the Tenderloin, as this is where the larger buildings were built after the 1906 earthquake. Before the city grew its bus and BART system, and when there were far fewer cars on the road, it made sense to have larger buildings with multiple units relatively close to the Financial District to house workers, because that’s where the jobs were. The Tenderloin was not always the rough and tumble district that it is today. It was a short, flat, and safe walk down Market Street to the Financial District, so it was logical to build bigger buildings there. Historically, before and after the imposition of rent control in 1979, small real estate investors bought smaller buildings, which were financed by local and regional banks at relatively low leverage or loan to value (LTV). As these small investors grew their equity, they traded up to larger buildings as they were able. The appeal of larger buildings was the higher return on investment relative to the cost of managing them. This strategy resulted in many small owners with a few larger buildings. Typically, as owners aged, they or their heirs would sell and a new owner would take over the building. This type of fragmented market operated for many years with multiple small owners in San Francisco. In the early 2000s, one of these small owners was able to secure a new financing tool in San Francisco that no other owner in the market had been using. The Lembi family of Skyline Realty started using Wall Street bank financing that offered a much higher LTV or Loan to Value. Most local lenders were offering a 50-60% LTV, while
28
FEBRUARY 2020 | SF APARTMENT MAGAZINE
SF APARTMENT MAGAZINE | FEBRUARY 2020
29
the Lembi’s were able to get as much as
3. Pacific Heights (68 Sales)
line an advantage in the market, and they
4. Russian Hill (56 Sales) 5. Central Richmond (50 Sales)
103%. However, some areas rose at a much higher rate than others, so which district
of time. Unfortunately for the family, these buildings were cross-collateralized, and the
found that all had appreciated significantly. On average, all the areas combined rose
were able to collect close to 300 of these larger buildings in a relatively short period
the average sales price per square foot ($/ SF) in 2010 to 2019 in these 10 markets, I
90%. This competitive financing gave Sky-
6. Hayes Valley (48 Sales)
would have made the best investment?
7. Inner Richmond (47 Sales)
As you can see in the list below, the Inner
debt had a short-term maturity date. The Lembi’s bet that the good times would
Mission blew away all the top volume areas,
keep on going but, unfortunately, this was a misstep and their once savvy investments
8. Noe Valley (42 Sales)
financial crisis of 2007-2009 hit. Their loans started to come due at a very bad time
but Hayes Valley, Noe Valley, and Inner Richmond were close behind. The histori-
turned into the perfect storm when the 9. Eureka Valley/Dolores Heights (39 Sales)
cal investment areas of Nob Hill, Pacific Heights and Russian Hill did well, but they were only in the 90% gain range. A surprise
when financial institutions were not anxious to replace them on the same terms.
10. Marina (36 Sales)
And because the properties were cross-
It is good to keep in mind that there are
collateralized, the trouble spread fast. As a
many well-known, popular areas that
result, instead of cornering the market in
are appealing to investors, but they did
large apartments, they lost their entire col-
not make the top 10 in the volume cat-
lection of buildings.
egory. The districts with fewer than 35
was the Marina and Eureka Valley/Dolores Heights districts, which were only in the
sales in this ten-year period were: TeleBy 2010, there was a shift in the market
graph Hill (34), North Panhandle (34),
with a handful of large corporate owners
Haight Ashbury (34), Mission Dolores (34),
buying up the larger buildings from the
Inner Sunset (33), Bernal Heights (24),
bankruptcy and from generational sales.
and Cole Valley (15). I did not look at the
These owners used longer term debt from
total sales per district, relative to the total
sources around the world. Today, the build-
building count in that district because that
ings are professionally managed and run
data is difficult to collect, but it would be
like any business with long-term financial
interesting to see those statistics. When
planning. The majority of these buildings
I was selling buildings in the Tenderloin
do not come back to the open market, but if
and Downtown markets exclusively, I did
they do, they are snatched up by the same
so because those rough and not-so-safe
few corporate owners.
neighborhoods in the early 2000s meant
70% range.
District:% Increase: • Inner Mission
180 %
• Hayes Valley
129 %
• Noe Valley
110 %
• Inner Richmond
110 %
• Nob Hill
99 %
• Pacific Heights
97 %
• Russian Hill
96 %
• Marina
77 %
that more people wanted to sell due to the That is the state of the market for large
danger and difficulty in managing in these
apartment buildings today. So, what does
less desirable areas.
this mean for the smaller investor? What
• Eureka Valley/Dolores Heights 77% When you look a little deeper into the num-
areas should they be looking at? I took a
Very few buildings in this high volume 5-15
bers, there were very few sales in the Inner
closer look at the sales of buildings in the
unit category are similar in rents due to rent
Richmond and Eureka Valley/Dolores
slightly smaller 5-15-unit category over the
control, so I thought it would be interesting
Heights in those years, so in those specific
past decade in all of the San Francisco Mul-
to look at a simple average price per square
markets a single sale can make the gain
tiple Listing Service (MLS) districts. In this
foot for each district by year to see which
comparison significantly less accurate. I be-
category there are, on average, 110 sales per
areas have appreciated the most in the past
lieve that if there was a further examination
year. Over the past decade, I found the ma-
decade. In other words, if a smaller inves-
of these areas, we would find the increase
jority of the sales were in the Inner Mission,
tor wanted to buy a 5-15-unit building in
to be lower for the Inner Richmond and
with Nob Hill and Pacific Heights coming
San Francisco in 2010 in one of the top 10
higher for Eureka Valley/Dolores Heights.
in a close second and third. The top ten
volume sales markets, which market should
If we exclude those two markets, then we
with corresponding sales volume for the
they have picked to get the best return on
are left with Inner Mission, Hayes Valley
10-year period are listed below:
their investment in 2019?
and Noe Valley as the top performers of the last decade. One common thread between
1. Inner Mission (102 Sales)
As we all know, the market in San Francisco
these top districts is that they each have
has experienced tremendous growth in val2. Nob Hill (82 Sales)
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FEBRUARY 2020 | SF APARTMENT MAGAZINE
ues in the past decade. When I compared
Decade in Review… continued on page 49
w
extra extra
read all about it In San Francisco, managing and owning rental property can be a tough business. Keep your manager up to date with the latest news, legislation, trends and analysis of the industry. SFAA members can now send their managers or friends SF Apartment Magazine for only $65 a year.
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SF APARTMENT MAGAZINE | FEBRUARY 2020
31
Top-Tier TALENT written by
PA M M C E L ROY
The 2019 SFAA Trophy Award winners represent a variety of positions and properties, but they all love what they do and know the value in making residents feel at home. New Development of the Year The Rise, Hayes Valley, Greystar The Rise in Hayes Valley took home this coveted Trophy award for its next-level apartment and community amenities, prime location and modern technology, but perhaps most notably, for the unparalleled services residents receive. According to Samantha Lynn, community manager at The Rise, what sets the property’s staff apart is their “willingness to do whatever it takes to ensure residents are happy.” And the key to doing this is in the details, like remembering to wish each resident a happy birthday or to ask how an exam or job interview went. “The day-to-day interactions with great people is what I love most about my job.” Other guests services include pet-friendly living (pet spa, dog run, and panoramic roof deck….oh my!), internet lounges and co-working spaces, a game room and outdoor movie theater, and a chef’s kitchen with private dining room. The Rise strives to make resident living as convenient as possible with a DIY bike repair room, secured storage and onsite car sharing. Residents are within walking distance to a plethora of the city’s best restaurants, grocery stores, and Muni and Bart stations.
Property Management Company of the Year Mosser Companies Mosser Companies has been in operation in San Francisco since 1955. One of the reasons Mosser, a family company, has been so successful over the years is because they “strive to make sure residents feel like family as well.” The company succeeds in doing this in a number of ways. Mosser Companies is also serious about doing what they can to help the statewide housing crisis. Over the past two years, they have been focused on creating accessory dwelling units in their existing properties. “We want to keep the charm of these historical buildings on par with our great city, but
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FEBRUARY 2020 | SF APARTMENT MAGAZINE
SF APARTMENT MAGAZINE | FEBRUARY 2020
33
apartment homes that will make our resi-
Amenities of the Year 150 Van Ness, Emerald Fund
dents’ lives effortless.”
Touting the “broadest selection of ameni-
provide modern amenities within the
at Greystar with the Greystar Core Value Award for Respect in 2019.
The company purchases historical assets
Van Ness took the Trophy in this category.
Assistant Manager of the Year Noah Beito, Trinity SF
and brings them up-to-date, so residents
Among the most notable amenities are
According to Noah, the most important
have modern living arrangements that are
the two roof decks with panoramic city
attributes of an exceptional property man-
rich in local charm. Many of their build-
views and bocce ball (and a pizza oven!);
ager are “patience” and the ability to “lis-
ings—including the entire side of Mosser
the 75-foot long, heated lap pool; movie
ten.” Noah has only recently started on this
Towers—are adorned with murals painted
theater and outdoor screening room; a
career trajectory, and is grateful for this “big
by local artists to “capture the spirit and es-
pet spa; and even hotel rooms for visiting
achievement.” Of his day-to-day responsi-
sence of San Francisco during a time when
out-of-town guests.
bilities, his enjoys “working with residents
ties in the Bay Area,” it’s no wonder 150
existing murals and artwork are being torn
to make sure the building feels like home
down.” The very pet-friendly Mosser Com-
According to Tonia Trapani, the property
for them.” He love to spend time with his
panies is also proud to work with local ani-
manager who received the award on be-
co-workers, and hopes he “improves the
mal nonprofits like the San Francisco SPCA
half of Emerald Fund, “The amenities are
quality of their work day” just as they do for
and Muttville to help sheltered pets find
extemporary. It takes a true team effort to
him. He was surprised and excited to have
homes within their portfolio. They allocate
ensure these spaces are maintained and
be recognized in this way by his colleagues.
work days when staff is encouraged to vol-
operated to the highest standards.” And
unteer at local animal shelters. “We want
while this isn’t the first time they were
to lead by example in our philanthropic
nominated for a Trophy Award (100 Van
efforts, to give back to our communities
Ness won Maintenance Manager of the
Leasing Consultant of the Year Lauren Greenburg, Structure Properties
and neighborhoods, to have an ‘all hands
year in 2018), the staff at 150 Van Ness are
It’s clear that Lauren’s success stems from
on deck’ mentality to help San Francisco
“excited and honored” to have been recog-
her ambition and passion for her work. She
thrive and prosper.”
nized in this category.
loves the fast-pace of the industry, meeting
The people at Mosser Companies are
Other amenities residents enjoy on a day-
properties, and the “quick, critical think-
“grateful, humbled, and proud” to have
to-day basis are the yoga studio and fitness
ing and troubleshooting,” which gives her
been recognized in this category.
facilities; gold simulator; sun bathing lawn;
a rush. “I’m always looking for ways to be
maker’s workshop; refrigerated grocery de-
more efficient and perform better. My ongo-
livery; and a 24-hour front attendant.
ing competition with myself is the driving
new people every day, exploring different
Green Building of the Year The Ashton San Francisco Grey Star
force behind my success.”
The Ashton San Francisco provides
General Manager of the Year Stephani Yurkanin, Greystar
residents with luxurious “resort-style”
Stephani’s love for her job, apprecia-
Award has “undoubtedly” been her biggest
units, a host of modern amenities, and
tion for her team, and overall work ethic
professional achievement. She’s also proud
comfortable and convenient living—all
earned her this sought-after Trophy
of reaching her 2019 stretch goal of renting
in a green, environmentally friendly
award. Her greatest strength though, is
25 apartments in just 30 days, spearhead-
LEED certified building.
her ability to push hard to accomplish
ing her company’s relocation program. She
goals and meet deadlines, even when
keeps her Trophy Award in her home office,
The Ashton has taken steps big and small
faced with adversity. As for what she en-
affectionately with her plants.
to decrease their overall carbon footprint.
joys most about her career: “I love mentor-
They’ve eliminated most paper-use by pro-
ing my team,” she explains. She finds joy
viding residents with ceramic tumblers to
in “watching team members develop and
Leasing Manager of the Year Haley Crawford, Brick & Timber, Inc.
use instead of disposable coffee cups, and
flourish in their own careers.” Stephani
Being happy in your career is the first
all communication with residents is 100%
felt “honored” to win this Trophy award
step to finding success in it, and this is
web based through Active Building, which
and has it displayed proudly in her office.
certainly true for Haley. She loves find-
supports direct email, e-blasts, and elec-
Lauren says that so far winning a Trophy
ing clients their “dream apartments” in
tronic lobby message displays instead of
Stephanie is currently at her fourth con-
her “favorite city in the world,” where
paper notices and reminders. To encour-
secutive renovation property in eight years
she feels “truly lucky” to live. She enjoys
age resident participation in their green
and has been promoted every few years
working with and getting to know all the
efforts, the Ashton SF has updated EV
to larger communities. She’s now manag-
different personalities she comes in con-
charging stations onsite and they provide
ing 1,114 homes and 100,000 square feet of
tact with, which Haley says is the “key to
all households with compost bins.
commercial space, and she was recognized Top-Tier Talent… continued on page 63
34
FEBRUARY 2020 | SF APARTMENT MAGAZINE
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© 2019 Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned Coldwell BankerMAGAZINE Real Estate LLC, Coldwell Banker 2020 Commercial Affiliates. SF by APARTMENT | dba FEBRUARY Each sales representative and broker is responsible for complying with any consumer disclosure laws or regulations.
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FEBRUARY 2020 | SF APARTMENT MAGAZINE
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sf.0219.rentals-in-sf.pdf
1
2/6/19
7:16 AM
Landlord & Leasing Agent, A Winning Combo. C
M
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CM
MY
CY
CMY
K
Having over 25 rental units of her own, Jackie brings first-hand experience as a landlord to all of our Rentals In S.F. clients. Every day, our team endeavors to find qualified tenants for our clients. With an expert understanding of the ever changing San Francisco rental market, we have made it our priority to fill your vacant unit quickly, effortlessly, at market rent and with your ideal tenant! With just one phone call, Jackie will come over to access your needs, appraise your unit, and do all the marketing, prospecting and screening. We then present you with a qualified tenant ready to move in. Call Jackie at Rentals In S.F. to fill your vacancy. It will be one of the best calls you’ll ever make. Just ask all our clients!
Former SFAA winner * Leasing Agent of the Year * Landlord of the Year SF APARTMENT MAGAZINE | FEBRUARY 2020
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Decade in Review… continued from page 30
6. Inner Richmond ($567)
appealing retail stores and vibrant restau-
7. Noe Valley ($556)
homeless problem is not dealt with, we may see businesses leave, taking their employ-
neighborhoods in the top ten. In case you
ees who rent apartments with them, and leaving owners with the inconceivable sce-
rants in comparison to some of the other 8. Nob Hill ($549)
nario of loss of property value.
9. Inner Mission ($463)
Only time will tell.
have not noticed, there is quite a bit of fog and wind in the summer in San Francisco. Some of the sunniest and most pleasant weather in the summer months is on the
10. Central Richmond ($450)
eastern, sheltered side of Twin Peaks, so the Inner Mission, Hayes Valley and Noe Valley
Notice that the most expensive markets per
tend to be very appealing to renters and
square foot do not match up the with the
buyers. Another connecting factor between
top gainers of the past decade. My theory is
the top performing areas is their access to
that the most expensive markets are those
mass transit: particularly BART and MUNI
where owners buy and rarely sell. They
Metro stations. With the arrival of the tech
consider these purchases as a family legacy
bus routes, I cannot help but see a correla-
that will stay in the family for many genera-
tion between the Mission and Hayes Valley
tions. In 100 years, the views of the bay will
with their ready access to the 280 and 101
still be valuable—even if the water rises a
freeways. With this access, young tech
few blocks up the hill after global warm-
workers can live in this exciting city and
ing. The Marina may be another story, but
easily go to jobs in Silicon Valley and on the
the properties left out of the water will
peninsula.
certainly have nice views. Another theory for the substantial gainers is that the top
Does this mean the desire for the great
areas of Mission, Hayes, and Noe have been
views offered by the classic apartment
where the building gains have incremen-
buildings of Nob Hill, Russian Hill, Pa-
tally pushed up through the popularity
cific Heights and the Marina are a thing of
of converting existing rent control units
the past? I don’t think these iconic places
to tenants-in-common (TIC) ownership.
to live are gone forever, but I do see that
Typically, TIC developers do not overpay
other neighborhoods have become more
for their acquisitions, but more demand cer-
popular due to their quick access to mass
tainly can drive up prices.
transit and freeways. It can take 20 minutes or more to cross the city, whether by car,
Coming full circle, we are left with the
bus, bike, electric vehicle alternative (EVA),
burning question of where small to mid-
skateboard, scooter, or unicycle, so it looks
sized investors should place their bets for
like the time savings of being nearer to
the next 10 years to see the greatest gains.
work and/or public transit is important for
I wish I knew the answer, because I would
many renters as these high growth areas
stop selling buildings and invest in those
gain traction.
markets full time. However, my best guess is we will see more gains around transit.
Another analysis that is interesting, relative
The Geary Bus Rapid Transit project that
to the top gainers in the past decade, is the
started in 2019 will likely see growth from
average price per square foot in 2019 in
Van Ness west to the Pacific Ocean. If the
each of these districts:
local politicians stop blocking denser rezoning around rapid transit, we will likely
1. Marina ($707)
see significant growth along the BART lines, specifically near the two stations in
2. Pacific Heights ($657)
the Inner Mission and some gains near Glen Park and Balboa. We could also see
3. Russian Hill ($607)
Terrence Jones is a Senior Broker Associate at Zephyr Commercial and specializes in the marketing and sale of investment properties. His business specialty is San Francisco rent-controlled apartments. He has extensive experience with sale of properties and 1031 exchanges purchases. He can be contacted at 415-786-2216 or by email at terence@TerrenceJonesSF.com.
FORWARD THINKING REAL ESTATE Rebecca Stack REALTOR ®
415.706.1241 rebecca@vanguardsf.com
BRE #01980827
Mike Stack REALTOR ®
415.580.9095 mikestack@vanguardsf.com
BRE #01932280
vanguardproperties.com
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significant change around the Caltrain stations in Central Waterfront/Dogpatch,
4. Hayes Valley ($592)
Bayview Heights, and Little Hollywood. However, if these neighborhoods are
5. Eureka Valley ($568)
not cleaned up and made safe and the SF APARTMENT MAGAZINE | FEBRUARY 2020
49
sfaa sfaa 2020 Member Meetings
SFAA general member meetings are held every third Monday of the month. If the third Monday is a holiday the meeting will be held the following week on the fourth Monday. Unless otherwise noted below, the member meetings are held at the:
Jewish Community Center, Kanbar Hall, 3200 California Street
Legal Q&A… continued from page 16
landlord “reasonably believes” the personal property is worth more than $700.00, the landlord must sell the property at a public sale by competitive bidding. However, if the landlord reasonably believes the property is worth less than $700, the landlord may retain the property for their personal use or dispose of it in any manner. For commercial real property, the process is fairly similar, but is governed by Civil Code Section 1993. The key difference is that the landlord cannot retain for his own use or dispose of a tenant’s personal
FREE LEGAL PANEL 6:00 P.M. - 6:30 P.M. MEMBER MEETINGS 6:30 P.M. - 8:00 P.M.
2020 SFAA MEMBER MEETING DATES & TOPICS February 24th, 2020
March 2020 Election and Tax Overview
March 26th, 2020
Annual Trade Show, Ft. Mason Gallery 308
property after the above referenced period unless he reasonably believes the personal property is worth less than $2,500.00—a much higher threshold than the $700.00 figure for residential property. Landlords should be careful to follow the letter of the law with regard to the disposition of abandoned tenant property. —Johnathan Madison
*Submit legal questions for the legal panel via email to maria@sfaa.org.
Did you know you can sponsor our meeting and reach thousands of local rental property owners? Sponsorship includes: • • • • •
an opportunity to present your product or service at the member meeting; table display for networking before and after the meeting; advertisement printed on the meeting agenda; e-blast of marketing materials to thousands of SFAA members; and sponsorship announcement in e-newsletter prior to the meeting.
Q.
In my three-unit building, one tenant has filled the shared courtyard with her belongings, and now there is no clear path from the building’s backdoor to the courtyard exit. Is this a fire hazard? Can I have her move her things, despite our agreement stating the courtyard is for tenant use?
A. Tenant storage of personal property outside of a rental unit is a common problem, which is why it is important to ensure that all of your leases contain a provision negating a tenant’s right to store possessions anywhere on the property other than in the rental unit and any permitted on-site storage, such as in a garage or designated area. Irrespective of the lease’s terms, and as is true in your case, while a portion of the property may be reserved for tenants’ use, that does not translate into the right to transform such space into an outdoor
San Francisco Apartment Association 265 IVY STREET | SAN FRANCISCO, CA | 94102 | PHONE 415-255-2288 | FAX 415-255-1112
50
FEBRUARY 2020 | SF APARTMENT MAGAZINE
storage facility. Provided his lease does not permit the offending tenant (who I will refer to as “Allen”) to store items in the courtyard, Allen is in violation of his lease.
Additionally, provided the other tenants (who I will call, respectively, “Bill” and “Charlie”) have the right to use the courtyard, they are being deprived of the use of such space. As such, you may be in violation of Bill’s and Charlie’s leases by failing to provide them the use of the courtyard.
TALENT. COLLABORATION. SUCCESS.
Allen’s storage of possessions in the courtyard which blocks any paths of ingress to or egress from the property is a violation of San Francisco Fire Codes and you, as the landlord, have an obligation to maintain the property in a manner that is safe for all residents and in compliance with all laws, statutes, and regulations. For that reason, you must immediately clear the courtyard of Allen’s possessions. By failing to do so, you run the risk that the City Fire Department, Bill, or Charlie will take action against you for permitting a dangerous condition to exist on the property.
KILBY STENKAMP
415.370.7582
kilby@vanguardsf.com
In addition to creating a fire hazard, the ex-
DRE# 01208585
istence of Allen’s personal property in the courtyard may raise other concerns, such
vanguardproperties.com
as the attraction of pests which is a nuisance as defined by California law and may subject you to liability from Bill and Charlie or the property’s neighbors. Despite the possibility of potential claims against you by the City and/or your tenants, do not move or even touch Allen’s possessions. Doing so opens you up to possible claims for stealing, damaging, or otherwise harming Allen’s property. The removal of Allen’s possessions from the courtyard, unless otherwise agreed to by Allen, must be done by Allen, or by you but only pursuant to a Court order or other authority. As a result of Allen’s actions, the property is currently in violation of City and County Fire Codes. Actions to remedy this unsafe condition should be taken immediately. —Susan K. Breed The information contained in this article is general in nature. Consult the advice of an attorney for any specific problem. Justin A. Goodman is with Zacks, Freedman & Patterson, P.C. and can be reached at 415-956-8100. Jonathan Madison with Fried & Williams LLP and can be reached at 415-956-8100. Susan Breed is with The Offices of Denise A. Leadbetter and can be reached at 415-572-5015.
SF APARTMENT MAGAZINE | FEBRUARY 2020
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FEBRUARY 2020 | SF APARTMENT MAGAZINE
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THURSDAY MARCH 26TH, 2020 FORT MASON CENTER 4-7 PM
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sfaa 2 2020calendar
sfaa
February
March
MONDAY, FEBURARY 3
TUESDAY, FEBRUARY 4
MONDAY, MARCH 2
WEDNESDAY, MARCH 11
11:30 a.m.
Possession of Your Unit
11:30 a.m.
Fort Mason Center
Board of Directors Mtg.
Legal Options to Regain Fort Mason Center
Board of Directors Mtg.
Section 8 Rent Increase Class 2A Marina Blvd, Bldg. C, RM#205 6:00 p.m. to. 8:30 p.m.
2A Marina Blvd, Bldg. C, RM#230
Members $65 Non Members $85
6:00 p.m. to. 8:30 p.m.
Members $65 Non Members $85 THURSDAY, FEBRUARY 6
WEDNESDAY, FEBRUARY 12
THURSDAY, MARCH 12
THURSDAY, MARCH 12
Rent Control Overview
Fort Mason Center
Fort Mason Center 2A Marina Blvd,
Fort Mason Center
AB 1482 Statewide
Fort Mason Center
2A Marina Blvd, Bldg. C, RM#205 6:00 p.m. to. 8:30 p.m. $100 members only
Marijuana Class
2A Marina Blvd, Bldg. C, RM#205 2:30 p.m. to. 5:00 p.m.
Members $65 Non Members $85
Mold and Fungi Awareness Bldg. C, RM#205
9:00 am - 12:00pm
Members $100 Non Members $150
Airbnb Seminar
2A Marina Blvd, Bldg. C, RM#205 2:30 p.m. to. 5:00 p.m.
Members $65 Non Members $85
TUESDAY, FEBRUARY 18
MONDAY, FEBRUARY 24
THURSDAY, MARCH 19
THURSDAY, MARCH 26
Fort Mason Center
Jewish Community Center
Fort Mason Center
Fort Mason Center, Building A
Rodents 101
2A Marina Blvd, Bldg. C, RM#230 6:00 p.m. to. 8:30 p.m.
Members $65 Non Members $85
SFAA Member Mtg.
3200 California Street Kanbar Hall
6:00 p.m. to 8:00 p.m.
2A Marina Blvd, Bldg. C, RM#205 6:00 p.m. to. 8:30 p.m.
Members $65 Non Members $85
WEDNESDAY, FEBRUARY 26
TUESDAY, MARCH 31
Fort Mason Center
and Roommates
Fair Housing 101
2A Marina Blvd, Bldg. C, RM#235 6:00 p.m. to. 8:30 p.m.
Members $65 Non Members $85
SFAA offices will be closed on Monday, February 17 for President’s Day.
54
Nuisance Tenants Class
FEBRUARY 2020 | SF APARTMENT MAGAZINE
SFAA Annual Trade Show 2A Marina Blvd
4:00 p.m. to 7:00 p.m.
Master Tenants, Subtenants Fort Mason Center
2A Marina Blvd, Bldg. C, RM#205 6:00 p.m. to. 8:30 p.m.
Members $65 Non Members $85
SFAA FEBRUARY MEMBER MEETING MONDAY, FEBRUARY 24, 2020 JEWISH COMMUNITY CENTER 3200 CALIFORNIA STREET KANBAR HALL 6:00 P.M. TO 8:00 P.M. TOPIC: MARCH 3 ELECTION & TAX OVERVIEW SPONSOR: ALLISON CHAPLEAU, VANGUARD COMMERCIAL BROKERAGE & AEC ALARMS join online at sfaa.org or call 415.255.2288
2020 join online at sfaa.org or call 415.255.2288
SAN FRANCISCO’S
RENT BOARD FEE
$25.00
Chapter 37A of San Francisco’s Administrative Code allows the city to collect a per-unit fee for each residential dwelling unit that is subject to the San Francisco Rent Ordinance. This fee defrays the entire cost of operation of the Rent Board. This fee is billed to the landlord each year on the property tax statement sent in November, but the law permits landlords to collect a portion of the Rent Board fee from those tenants in occupancy as of November 1 of each year. A landlord is allowed to collect 50% of the cost of the fee from the tenant. If you have not collected Rent Board fees in the past, you can collect back to 1999. ALLOWABLE RENT BOARD FEE COLLECTABLE FROM TENANTS 2019-2020
$25.00
2018-2019
$22.50
2017-2018
$22.50
2016-2017
$20.00
2015-2016
$18.50
SFAA’S
TENANT SCREENING SERVICE THROUGH INTELLIRENT STEP 1:
Create a free account at sfaa. myintellirent.com/agent-signup. STEP 2:
Invite an applicant to apply via an online application customized to SFAA’s criteria. You can also publish your available rental on Intellirent across mulitple ILSs. RATES
Intellirent is your free, online rental application and property marketing tool, partnered with Transunion to instantly return complete credit reports and nationwide eviction notices. Renters pay the $40 application fee, which covers your costs. For more information, simply create your free account or go to sfaa.org and choose the “Resources” tab. Then select “Tenant Screening.” Please note that the maximum you can charge a tenant for screening services is $49.12. CONTACT INTELLIRENT FOR MORE INFORMATION:
415-849-4400
CAPITAL IMPROVEMENTS
The capital improvement interest rates for 3/1/19 through 2/29/20 are listed below: AMORTIZATION
INT. RATE
MULTIPLIER
7 YEARS
2.8%
.01312
10 YEARS
2.9%
.00961
15 YEARS
3.0%
.00691
20 YEARS
3.0%
.00555
INTEREST ON DEPOSITS Deposits include all tenant monies that the owner holds, regardless of what they are called. At the landlord’s option, the payment may be made directly to the tenant or by allowing the tenant to deduct the amount of interest due from the rental payment. INTEREST ON DEPOSITS PERIOD
AMOUNT
03/01/19 - 02/29/20
2.2%
03/01/18 - 02/28/19
1.2%
03/01/17 - 02/28/18
0.6%
03/01/16 - 02/28/17
0.2%
2014-2015
$18.00
03/01/15 - 02/29/16
0.1%
2013-2014
$14.50
03/01/14 - 02/28/15
0.3%
2012-2013
$14.50
03/01/13 - 02/28/14
0.4%
2011-2012
$14.50
03/01/12 - 02/28/13
0.4%
2010-2011
$14.50
03/01/11 - 02/29/12
0.4%
2009-2010
$14.50
03/01/10 - 02/28/11
0.9%
2008-2009
$14.50
03/01/09 - 02/28/10
3.1%
2007-2008
$13.00
03/01/08 - 02/28/09
5.2%
03/01/07 - 02/29/08
5.2%
2006-2007
$11.00
03/01/06 - 02/28/07
3.7%
2005-2006
$10.00
2004-2005
$11.00
2003-2004
$21.50
2002-2003
$21.50
ALLOWABLE RENT INCREASES
2020 – 2021: 1.8%
Effective March 1, 2020, through February 28, 2021, the allowable annual rent increase is 1.6%. This amount is based on 60% of the increase in the Consumer Price Index for all urban consumers in the Bay Area. A history of all allowable increases and their effective periods is provided. ALLOWABLE RENT INCREASES PERIOD
AMOUNT
03/01/20 - 02/29/21
1.8%
03/01/19 - 02/29/20
2.6%
03/01/18 - 02/28/19
1.6%
03/01/17 - 02/28/18
2.2%
03/01/16 - 02/29/17
1.6%
03/01/15 - 02/29/16
1.9%
03/01/14 - 02/28/15
1.0%
03/01/13 - 02/28/14
1.9%
03/01/12 - 02/28/13
1.9%
03/01/11 - 02/29/12
0.5%
03/01/10 - 02/28/11
0.1%
03/01/09 - 02/28/10
2.2%
03/01/08 - 02/28/09
2.0%
03/01/07 - 02/29/08
1.5%
03/01/06 - 02/28/07
1.7%
SAN FRANCISCO RENT BOARD 25 Van Ness Avenue #320 San Francisco, CA 94102 415-252-4600 www.sfgov.org/rentboard
CONTACT THE SAN FRANCISCO RENT BOARD FOR MORE INFORMATION
415-252-4600 sfgov.org/rentboard
CONTACT THE SAN FRANCISCO RENT BOARD FOR MORE INFORMATION
415-252-4600
& information
sfgov.org/rentboard
SF APARTMENT MAGAZINE | FEBRUARY 2020
55
sfaa professional
services directory 1031 TAX DEFERRED EXCHANGE SERVICES
FIRST AMERICAN EXCHANGE COMPANY 415-244-1339 www./firstexchange.com/ HERITAGE CAPITAL ADVISORS Eric Scaff 415-834-1031 www.heritagecap.com LAWYERS EQUITY EXCHANGE Brian Fogarty 415-701-1234 www.lex1031.com
ACCOUNTANTS
SHWIFF, LEVY & POLO LLP Elizabeth Shwiff 415-291-8600 x232 www.slpconsults.com
ALARM COMPANY
AEC ALARMS Michelle Rogers 408-298-8888 x123 www.aec-alarms.com/
ARCHITECTURE
OPENSCOPE STUDIO ARCHITECTS Mark Hogan 415-891-0954 www.openscopestudio.com Q ARCHITECTURE Dawn Ma www.que-arch.com
415-695-2700
ASSOCIATIONS
PROFESSIONAL PROPERTY MANAGEMENT ASSOCIATION J.J. Panzer www.ppmaofsf.org
ATTORNEYS
BORNSTEIN LAW Daniel Bornstein, Esq. www.bornstein.law CHONG LAW Dolores Chong DENNIS C. HYDE Dennis C. Hyde hydelaw@pacbell.net
415-490-9020
LAW OFFICE OF KEVIN P. GREENQUIST Kevin Greenquist 415-977-0444x234 www.ztalaw.com
FRIED & WILLIAMS LLP Clifford E. Fried www.friedwilliams.com
415-421-0100
LAW OFFICES OF KAREN Y. UCHIYAMA Karen Y. Uchiyama 415-563-9300 karen@uchlegal.com
GOLDFARB & LIPMAN LLP Erica Williams 510-836-6336 eorcharton@goldfarblipman.com goldfarblipman.com
MASTROMONACO REAL PROPERTY LAW GROUP Leonard Mastromonaco 415-354-2702 len@mastrolawgroup.com
HANSON BRIDGETT LLP Brett Gladstone www.hansonbridgett.com
415-995-5065
MATLIN & ASSOCIATES Shauna L. Matlin, Esq. 415-305-5637 www.sfevictionattorney.com
HERZIG & BERLESE Barbara Herzig bherzig@hbcondolaw.com
415-861-8800
MCLAUGHLIN SANCHEZ, LLP Michael McLaughlin 415-655-9753 www.msllp.law
JACOBSON LAW PC Isaac@jacobsonlawsf.com 415-421-0100 KAUFMAN, DOLOWICH, VOLUCK Ashley Klein 415-926-7612 aklein@kdvlaw.com LAW OFFICES OF FRANCISCO GUTIERREZ Francisco Gutierrez 415-805-6508 francisco@gtzlegal.com LAW OFFICE OF MICHAEL HEATH Michael Heath 415-931-4207 Mheath_law@sbcglobal.net THE LAW OFFICES OF KIMBALL, TIREY & ST. JOHN LLP Daniel Kimball 800-525-1690 www.kts-law.com LAW OFFICES OF DENISE A. LEADBETTER Denise Leadbetter 415-713-8680 www.leadbetterlaw.com
415-409-7611
LAW OFFICES OF SCOTT T. OKAMOTO Scott T. Okamoto 415-766-5871 www.scottokamotolaw.com
415-438-7807
LAW OFFICES OF DANIEL PICCININI Daniel Piccinini 415-345-8610 danielpiccinini@att.net
415-753-3811
DOWLING & MARQUEZ, LLP Jak S. Marquez 415-977-0444 x232 www.dowlingmarquez.com FRANK KIM ESQ., EVICTION ASSISTANCE Jo Biel 415-752-6070
56
FISHER & PHILLIPS, LLP Jason Gellar www.fisherphillips.com
FEBRUARY 2020 | SF APARTMENT MAGAZINE
LAW OFFICES OF LAWRENCE M. SCANCARELLI Lawrence M. Scancarelli 415-398-1644 www.sfrealestatelaw.com THE LAW OFFICE OF ED SINGER Edward Singer 650-393-5862 www.edsinger.net
MILLAR AND ASSOCIATES, APLC James Millar 415-981-8100 x101 Millar-law.com NICHOLAS GOLDMAN LAW Nicholas Goldman 415-350-8740 nicholas@nicholasgoldmanlaw.com O’GRADY LAW GROUP John O’Grady john@ogradylaw.com www.ogradylaw.com
415-986-8500
REUBEN, JUNIUS & ROSE, LLP Kevin Rose 415-567-9000 www.reubenlaw.com TOUR-SARKISSIAN LAW OFFICES Christine Tour-Sarkissian 415-626-7744 www.tslo.com TRN LAW ASSOCIATES Tiffany Norman tiffany@trnlaw.com
415-823-4566
WASSERMAN-STERN David Wasserman 415-567-9600 www.wassermanstern.com WIEGEL LAW GROUP Andrew J. Wiegel www.wiegellawgroup.com
415-552-8230
ZACKS, FREEDMAN & PATTERSON, P.C. Andrew M. Zacks 415-956-8100 www.zfplaw.com ZANGHI TORRES ARSHAWSKY, LLP John P. Zanghi 415-977-0444 www.zatlaw.com
BEDBUG DETECTION
SCENT TEK Brent & Kevin Youngblood 415-933-0879 www.scent-tek.com
CLEANING SERVICES MARVEL MAIDS Sherri Jessen www.marvelmaids.com
415-546-8000
OPTIMUS BUILDING SERVICES Claudia Giraldo 650-290-4607 optimusbuildingservices.com PUMA POWER WASH Tiger Guy 415-825-2559 info@pumapowerwash.com www.pumapowerwash.com
CONSTRUCTION
CURRENT CONSTRUCTION David Breslin 415-969-6915 office@currentcon.com www.currentconstruction.com
CONSULTANTS: PERMITS & PLANNING
CENTER FOR SUSTAINABLE ENERGY Sarah Bliss 858-633-8099 sarah.bliss@energycenter.org EDRINGTON AND ASSOCIATES Steven Edrington 510-749-4880 steve@edringtonandassociates.com
CONTRACTORS
AGUILEAR CONSTRUCTION COMPANY Javier Aguilear 707-495-3932 javier@aguileraco.com
CORPORATE RENTALS AMSI Robb Fleischer www.amsires.com
415-447-2020
CREDIT REPORTING
INTELLIRENT Cassandra Joachim www.myintellirent.com
415-849-4400
ELEVATOR SERVICES KONE ELEVATORS Brandon John Edwards www.kone.us
415-518-5297
ENERGY SERVICES / GAS & ELECTRIC
PACIFIC GAS & ELECTRIC COMPANY Sebastian Conn 415-972-5201 www.pge.com
ENVIRONMENTAL CONSULTING
A-1 CERTIFIED ENVIORNMENTAL TESTING/DUCT CLEANING Carl Gibbons 888-217-2719 chelseap60@hotmail.com a-1certifiedenvironmentalservices.com
P.W. STEPHENS INC. Sheri Buenz sherib@pwsei.com
510-651-9506
FIRE ESCAPE INSPECTION & MAINTENANCE ESCAPE ARTISTS Jabal Engelhard www.sfescapeartists.com
415-279-6113
GREAT ESCAPE FIRE ESCAPE SERVICE, INC. Rich Henderson 415-566-1479 www.greatescapeinc.com
FIRE PROTECTION CONTRACTORS
BATTALION ONE FIRE PROTECTION Tim Morse 510-653-8075 www.battaliononefire.com COMMERCIAL FIRE PROTECTION, INC. Laine Sims 925-300-9534 www.fireprotected.com MAZZY’S FIRE PROTECTION Scott Mazzarella 415-665-5553 www.mazzysfire.com
FURNITURE RENTALS
BROOK FURNITURE RENTAL — NORCAL Mary Baird 408-720-1252 www.bfr.com
GARBAGE COLLECTION SERVICES
RECOLOGY GOLDEN GATE RECYCLING Minna Tao 415-575-2423 recologysf.com RECOLOGY SUNSET SCAVENGER Dan Negron 415-330-2911 recologysf.com
HARDWARE GRAINGER Mark D. Sheddon
800-472-4643
INSURANCE COMPANIES
ARM MULTI INSURANCE SERVICES Lisa Isom 866-913-6293 www.arm-i.com BARBARY INSURANCE BROKERAGE Gerald Becerra 415-788-4700 www.barbaryinsurance.com
INTERNET SERVICES PROVIDERS
COMCAST/XFINITY Michael Juliano www.xfinity.com
925-495-9922
LAUNDRY EQUIPMENT
EXCALIBUR LAUNDRIES Richard Lisowski 415-884-2238 www.excaliburlaundries.com WASH MULTIFAMILY LAUNDRY SYSTEMS Cathy Barsotti 650-340-8054 www.weblaundry.com
LENDING / FINANCIAL SERVICES
COUNTERPOINTE SRE David Snow 855-431-4000 www.counterpointeSRE.com FIRST FOUNDATION BANK Michelle Li www.ff-inc.com
415-794-2176
LENDING / FULL SERVICE BANKS
LUTHER BURBANK SAVINGS Gabriel Basso 510-601-2400 www.lutherburbanksavings.com
LENDING / INSTITUTIONS
CHASE APARTMENT LENDING Andre C. Ferrigno 415-644-2171 CHASE COMMERCIAL TERM LENDING Sharon Groenendyk 415-315-8464 www.chase.com/commercialbanking CHASE COMMERCIAL LENDING Ingrid Marlow 650-737-6212
LOCKSMITHS
CROWN LOCK & HARDWARE Joe Schoepp 415-221-9086 WARMAN SECURITY Peter Badertscher www.warmansecurity.com
415-775-8513
MAINTENANCE REPAIR SERVICE
CITY REPAIR SERVICES Fernando Fonesca 415-602-6524 contact@citycarerepair.com
BIDDLE-SHAW INSURANCE SERVICES, INC Greg Holl 415-586-7200 www.biddleshaw.com
MAVEN MAINTENANCE, INC. Craig Lipton 415-829-2207 www.mavenmaintenance.com
COMMERCIAL COVERAGE INSURANCE AGENCY Paul Tradelius 415-436-9800 www.comcov.com
ONE STOP MAINTENANCE & PROPERTY SERVICES Lupe Villaloblos 408-829-0727 www.sf1stop.com
GORDON ASSOCIATES INSURANCE SERVICES Dave Gordon, CLU 650-654-5555x6972 David.gordon@gordoninsurance.com
WEST COAST PROPERTY MANAGEMENT Joseph Keng 415-885-6970 www.wcpm.com
OPTIMUM INSPECTION Elad Gal 510-590-1758 info@optimummoldinspection.com
SF APARTMENT MAGAZINE | FEBRUARY 2020
57
MEDIATION
THE BAR ASSOCIATION OF SAN FRANCISCO CONFLICT INTERVENTION SERVICE Matthew Tom 415-782-8940 mtom@sfbar.org
MORTGAGE BROKER THE RINCON GROUP Casey Wright
415-622-7450
ONLINE PAYMENT SERVICES IMANAGERENT Hatef Moghimi www.imanagerent.com
916-547-0049
ORGANIC WASTE SOLUTIONS
ECOSAFE ZERO WASTE, INC. Daniel Redick 310-569-0624 ecosafezerowaste.com Daniel@EcoSafeZeroWaste.com
PAINTING CONTRACTORS KRUITPAINTING, INC. Pieter Kruit www.kruitpainting.com
415-254-7818
MODAMAS INC. Gabriela Laz www.modamas.com
415-552-6567
PAC WEST PAINTING INC. Brian Beaulieu 415-457-0724 www.pacwestpaintinginc.com
PETERS PAINTING SERVICES Peter Pantazelos 415-647-4722 www.peterspainting.com TARA PRO PAINTING INC. Brian Layden www.tarapropainting.com
415-334-3277
PAINTING SUPPLIES SHERWIN-WILLIAMS Khuat Hoang Sw7276362@Sherwin.com
415-576-1043
PEST CONTROL
ATCO PEST & TERMITE CONTROL & HOME RESTORATION Richard Estrada 415-898-2282 www.atcopestcontrol.com
property management
CROWN & SHIELD PEST SOLUTIONSPREMIER CANINE DETECTION Aurora Vidaca 415-328-2939 aurora@crownandshieldpestsolutions.com
The following members are SFAA Property Management Members. They fully support the organization and are dedicated to SFAA’s goals. For more information about the benefits of becoming a Property Management Member, contact Maria Shea at maria@sfaa.org or 415-255-2288 x 10.
URGENT ROOTER AND PLUMBING INC. Albert Lee 415-387-8163 urgentrtr@sbcglobal.net
ADVENT PROPERTIES, INC. Benjamin Scott, CCRM 510-289-1184 www.adventpropertiesinc.com
PONTAR REAL ESTATE Merri Pontar 415-421-2877 www.pontarrealestate.com
AMERICAN MARKETING SYSTEMS INC. Robb Fleischer 415-447-2020 www.amsires.com
PROGRESSIVE PROPERTY GROUP Dace Dislere & Joe Gillach 415-515-4329
BERENDT PROPERTIES Craig Berendt 415-608-3050 www.berendtproperties.com CITYWIDE PROPERTY MANAGEMENT Carol Cosgrove 415-552-7300 www.citywidesf.com DEWOLF William Talmage www.dewolfsf.com
415-221-2032
GAETANI REAL ESTATE Paul Gaetani 415-668-1202 www.gaetanirealestate.com GREENTREE PROPERTY MANAGEMENT Mike McCamish 415-828-8757 www.greentreepmco.com J. WAVRO PROPERTY MANAGEMENT James Wavro 415-509-3456 LINGSCH REALTY Natalie M. Drees www.lingschrealty.com
58
415-648-1516
PROPERTY FORCE, INC. John M. Way
REAL MANAGEMENT COMPANY J.J. Panzer 415-821-3167 www.RMCsf.com
C.R. REICHEL ENGINEERING CO. INC. Tim Lordier 415-431-7100 www.crreichel.com R & L PLUMBING Larry Bustillos 415- 651-4977 larry@rl.plumbing www.rlplumbingsanfrancisco.com
PRIVATE INVESTIGATOR
WEN ANDASSOCIATES, INC. Hai Hua Wen 650-863-7925 www.sfpiwa.com
PROPERTY MANAGEMENT
ADVENT PROPERTIES, INC. Benjamin Scott, CCRM 510-289-1184 www.adventpropertiesinc.com ALEXANDERSON PROPERTIES Eric Alexanderson 415-285-3737 www.alexandersonproperties.com
RE/MAX UP REAL ESTATE Thomas Nguyen www.uprealproperty.com
415-799-3728
AMORE REAL ESTATE, INC Jerry Hsieh 415-567-4800 www.amoresf.com
S&L REALTY Robert Link www.slrealty-sf.com
415-386-3111
BORN PROPERTY MANAGEMENT Jason Born 650-271-7048 x 111 Jason@bornpm.com
STRUCTURE PROPERTIES Corey Eckert 415-794-0064 www.structureproperties.com WEST & PRASZKER REALTORS Michael Klestoff 415-661-5300 www.wprealtors.com WEST COAST PROPERTY MANAGEMENT Eric Andresen 415-885-6970 www.wcpm.com
members FEBRUARY 2020 | SF APARTMENT MAGAZINE
415-589-3945
PROPERTY MANAGEMENT SYSTEMS Michelle L. Horneff-Cohen 415-661-3860 www.propertymanagementsystems.net
PLUMBING SERVICES
BROOKFIELD PROPERTY GROUPPRESIDIO LANDMARK Jon King 855-327-5376 jon.king@brookfieldproperties.com CHANDLER PROPERTIES Carolyn Chandler 415-921-5733 www.chandlerproperties.com CITYWIDE PROPERTY MANAGEMENT Carol Cosgrove 415-552-7300 www.citywidesf.com DEWOLF REALTY CO. INC. William A. Talmage www.dewolfsf.com
415-221-2032
DJA PROPERTIES Brian James brian@djaproperties.com www.djaproperties.com
SC PROPERTY MANAGEMENT Robert Guglielmi 650-342-3030 bob.guglielmi@scpropsm.com
ALAIN PINEL INVESTMENT GROUP Mirella Webb 415-814-6699 mwebb@apr.com BAY AREA PREMIER PROPERTIES Peter Fisler 415-606-6621 www.bayareapremierproperties.com
EBALDC Felicia Scruggs FScruggs@ebaldc.org
510-287-5353
SAN FRANCISCO STATE UNIVERSITY Thanh-Huyen Thi Tran 415-405-4000 employee_housing@sfsu.edu
EQUITY ONE Brenda M. Obra www.equity1sf.com
415-441-1200
SHARVEST PROPERTY MANAGEMENT, LLC Timothy D. Gilmartin 650-347-2020 tim@thegilmartins.com
BIG TREE PROPERTIES Evan Matteo 415-305-4931 evan@bigtreeproperties.com
GAETANI REAL ESTATE Paul Gaetani www.gaetanireality.com
415-668-1202
SIERRA PROPERTY PROFESSIONALS Sonali Herrera sierrappinc@gmail.com
COLDWELL BANKER COMMERCIAL NRT Steven Caravelli 415-229-1367 steven.caravelli@cbnorcal.com
SKYLINE PMG, INC. Nicholas Bowers 415-968-9903 Nicholas@skylinepmg.com
COLLIERS INTERNATIONAL-JAMIE KENDALL Jamie Kendall 415-788-3100 jamie.kendall@colliers.com
STRUCTURE PROPERTIES Corey Eckert 415-794-0064 www.structureproperties.com
COLLIERS INTERNATIONAL- JAMES DEVINCENTI James Devincenti 415-288-7848 www.THEDLTEAM.com
GEORGE GOODWIN REALTY, INC. Chris Galassi 415-681-1265 www.goodwin-realty.com GREENTREE PROPERTY MANAGEMENT Mike McCamish 415-828-8757 www.greentreepmco.com HANFORD•FREUND & CO. J. Timothy Falvey www.hanfordfreund.com
415-981-5780
SUTRO PROPERTY MANAGEMENT, INC. Salman Shariat 415-341-8774 www.SutroProperties.com
HOGAN & VEST INC. Simon Wong simon@wongsf.com
415-237-6240
THRIVE PROPERTY MANAGEMENT, INC. Giovani Franco 650-296-3880 www.thrivecommunities.com/
INCOME PROPERTY SPECIALISTS Clayton Llewellyn 408-446-0848 www.ipsmanagement.cc JD MANAGEMENT GROUP, INC. Jonathan Davis 510-387-7792 jonathan.davis@jdmginc.com LINGSCH REALTY Natalie M. Dress www.lingschrealty.com
415-648-1516
MERIDIAN MANAGEMENT GROUP Randall Chapman 415-434-9700 www.mmgprop.com MYND MANAGEMENT, INC. Stacy Winship 510-306-4440 www.mynd.co NEW GENERATION INVESTMENTS Jonathan Ng 415-735-8233 jtng.ngi@gmail.com PACIFIC UNION INTERNATIONAL PROPERTY MANAGEMENT Susan Lucas 415-722-4724 www.pacunionpm.com PONTAR REAL ESTATE Merri Pontar 415-421-2877 www.pontarrealestate.com PROGRESSIVE PROPERTY GROUP Dace Dislere 415-794-9727 www.progressivesf.com PROPERTY MANAGEMENT SYSTEMS Michelle L. Horneff-Cohen, Broker, CCRM, MPM®, RMP® 415-661-3860 www.propertymanagementsystems.net RAMSEY PROPERTIES Brian E. Ramsey 415-474-5175 Brian@RamseyPropertiesSF.com REAL MANAGEMENT COMPANY J.J. Panzer 415-821-3167 www.RMCsf.com ROCKWELL PROPERTIES Mark Kaplan 415-398-2400 propertymanagement@rockwellproperties.com
WEST COAST PROPERTY MANAGEMENT Eric Andresen 415-885-6970 www.wcpm.com WEST & PRASZKER REALTORS Michael Klestoff 415-699-3266 www.wprealtors.com
PROPERTY MANAGEMENT SOFTWARE DROPLIT, INC. Stephen Westerfield stephen@droplit.io
212- 235-7877
MANAGE CASA INC. Debe Koch 415-886-3535 accounting@managecasa.com PROPER David Berens david@proper.chat
415-528-7211
STESSA Victor Perez www.stessa.com
626-524-4931
YARDI Kelly Krier kelly.krier@yardi.com
805-699-2040
REAL ESTATE APPRAISALS HARPER & ASSOCIATES Jay Harper JHARPSF@att.net
415-674-9243
MARK WATTS COMMERCIAL APPRAISAL Mark Watts 415-990-0025 www.markwattscommercialappraisal.com
REAL ESTATE BROKERS & AGENTS
ALAIN PINEL INVESTMENT GROUP Mark Bonn 415-614-4354 mbonn@apr.com ALAIN PINEL INVESTMENT GROUP Jay Greenberg 415-593-8615 www.aprinvestmentgroup.com
COLLIERS INTERNATIONAL Brian Leung 415-288-7881 www.brian-leung.com COLLIERS INTERNATIONAL Payam Nejad 415-288-7872 www.colliers.com/payam.nejad COMPASS COMMERCIAL BROKERAGE Adam Filly 415-516-9843 adam@adamfilly.com COMPASS COMMERCIAL BROKERAGE Chris J. Connor chris.oconnor@compass.com FERRIGNO REAL ESTATE Chris Ferrigno 415-641-0661 www.ferrignorealestate.com KILBY STENKAMP-VANGUARD PROPERTIES Kilby Stenkamp 415-370-7582 LESLIE BURNLEY Leslie Burnley leslie.j.burnley@gmail.com leslieburnley.com
415-717-8709
MARCUS & MILLICHAP David Nelson 415-312-2245 dnelson@MarcusMillichap.com MARCUS & MILLICHAP Sanford Skeie 415-625-2153 www.marcusmillichap.com NEWMARK KNIGHT FRANK Matthew C. Sheridan 415-273-2179 aptgroupsf.com PACIFIC UNION COMMERCIAL Stephen Pugh spugh@pacunion.com S&L REALTY Robert Link www.slrealty-sf.com
415-386-3111
SHAMROCK REAL ESTATE COMPANY Trent Moore 415-359-2400 www.shamrocksf.com STEELE PROPERTIES Ryan Steele 415-881-7762 www.steeleproperties.com TOUCHSTONE COMMERCIAL PARTNERS Matthew Gorman 415- 539-1118 mattgorman@tcpre.com
SF APARTMENT MAGAZINE | FEBRUARY 2020
59
sfaa sfaa 2020 membership application
Thank you for joining the San Francisco Apartment Association. SFAA is dedicated to educating, advocating for and supporting the Rental Housing Community so that its members operate ethically, fairly and profitably. Please consult a tax preparer in advance to determine deductibility for your tax situation. Membership fees are subject to change. MEMBERSHIP LEVEL & COST
Base Fee
Units Fee
1-50
$385 +
$6.45 per unit =
51-250
$475 +
$6.45 per unit =
251-500
$675 +
$6.45 per unit =
501-1,000
$875 +
$6.45 per unit =
1,001
$1,375 +
$6.45 per unit =
TOTAL UNIT AMOUNT:
Unit Fee
1-50
$485 +
$3.95 per unit =
51-250
$575 +
$3.95 per unit =
251-500
$775 +
$3.95 per unit =
501-1,000
$975 +
$3.95 per unit =
1,001
$1,475 +
MIRACLE METHOD OF SAN FRANCISCO Claire Gray 415-673-4211 www.miraclemethod.com
RENT BOARD PETITIONS
PROPERTY MANAGEMENT SYSTEMS Michelle L. Horneff-Cohen 415-661-3860 www.propertymanagementsystems.net REAL MANAGEMENT COMPANY Melinda Greene 415-230-8895 www.RMCsf.com
TOTAL AMOUNT:
RENT BOARD PASSTHROUGHS Kim Boyd Bermingham 415-333-8005 www.rentboardpass.com
ASSOCIATE MEMBER DUES: $495 CONTACT INFORMATION
RENTAL LISTING SERVICES
Contact Person
AIRBNB Lorie McBrien lorie.mcbrien@airbnb.com www.airbnb.com
Company/Title Address City
State
Zip
Website
RESIDENTIAL LEASING
PAYMENT METHOD Check
Amex
MC
Visa
3 Digit Security Code
Card #
Expiration Date
Cardholder Name
Billing Zip Code
Authorized Signature
Date HOW DID YOU HEAR ABOUT US?
Referral From
Postcard/Mailer
Magazine
Website
Rent Board
Other
San Francisco Apartment Association 265 IVY STREET | SAN FRANCISCO, CA | 94102 | PHONE 415-255-2288 | FAX 415-255-1112
60
FEBRUARY 2020 | SF APARTMENT MAGAZINE
949-422-7166
APARTMENT LIST Alex Mashburn 678-467-0411 amashburn@apartmentlist.com
Mobile Phone Email Address
REAL ESTATE INVESTMENTS
REFINISHING / RESURFACING SERVICE
$3.95 per unit =
TOTAL UNIT AMOUNT:
ZEPHYR REAL ESTATE Dawn Cusulos 415-678-8854 dawncusulos@zephyrre.com
URBAN GROUP REAL ESTATE Louis Cornejo 415-863-1775 louis@urbangroupsf.com
TOTAL AMOUNT:
Base Fee
ZEPHYR COMMERCIAL Terrence Jones 415-786-2216 terrence@terrencejonesSF.com www.terrencejones.com
MARCUS MILLICHAP Clinton C. Textor III 415-425-9123 www.marcusmillichap.com
MANAGEMENT COMPANY DUES Units
WEST & PRASZKER REALTORS Michael Klestoff 415-312-2245 klestoffmre@aol.com
ALAIN PINEL INVESTMENT GROUP Trigg Splenda 415-593-8616
REGULAR MEMBER DUES Units
VANGUARD COMMERCIAL BROKERAGE Allison Chapleau 415-516-0648 www.allisonchapleau.com
BERENDT PROPERTIES Craig Berendt 415-608-3050 www.berendtproperties.com GAVIN COOMBS COMPANIES INC. Gavin Coombs 415-509-4782 www.rentalradar.com J. WAVRO ASSOCIATES James Wavro www.jwavro.com
415-509-3456
HAMILTON FAMILY CENTER Mayo Lunt 510-763-8540 x230 www.hamiltonfamiles.org LINGSCH REALTY Natalie M. Drees www.lingschrealty.com
415-648-1516
RELISTO Eric Baird www.relisto.com
415-236-6116
RENTINGSF David Chesnosky dcrentsf@gmail.com
415-218-3700
RENTSFNOW Kathy Claussen kclaussen@veritasinv.com
415-762-0213
SAN FRANCISCO STATE UNIVERSITY Thanh-Huyen Thi Tran 415-405-4000 employee_housing@sfsu.edu
ad index NEED A PROFESSIONAL
CONTRACTOR OR VENDOR?
STRUCTURE PROPERTIES Corey Eckert 415-794-0064 www.structureproperties.com
ATTORNEYS
SECURITY
BANKING & LENDING SERVICES
ADT-MULTI FAMILY Jeanette Mendez jjmendez@adt.com www.adt.com/smart-
562-712-7504
MARINA SECURITY SERVICES, INC. Sam Tadesse 415-722-1168 stadesse@marinasecurities.com www.marinasecurities.com
SEISMIC MANUFACTURER QUAKE BRACING, LLC Thor Matteson info@quakebracing.com
510-495-1575
SEISMIC RETROFIT & STRUCTURAL ENGINEERING BAI CONSTRUCTION Behnam Afshar www.baiconstruction.com
510-595-1994
SGDM, LLC George Mak www.sgdmllc.com
415-462-0619
Coldwell Banker Luther Savings Bank
STEEL CORE BUILDERS, INC. Shahram Ghodsian 415-331-0500 www.steelcorebuilders.com
64 36 35 52
CONSTRUCTION & RENOVATION SERVICES
Maven Maintenance Pribuss Engineering W. Charles Perry West Coast Premier Construction FIRE ESCAPE SERVICE
Great Escape Fire Escape LOCKSMITHS
Crown Lock & Safe Warman Security PAINTING CONTRACTORS
Pac West Painting Peter’s Painting Services PETITION SERVICES
Rent Board Passthroughs
SIMPSON, GUMPERTZ & HEGER INC. Kenneth T. Tam 415-495-3700 www.sgh.com
W. CHARLES PERRY Charles Perry www.wcharlesperry.com
Dowling & Marquez, LLP Fried & Williams LLP
PROPERTY MANAGEMENT & MAINTENANCE & RESIDENTIAL LEASING
Berendt Properties Gaetani Real Estate, Inc. Real Management Company Rentals in SF S&L Property Management West Coast Property Management
36 65 66 65 62 51 62 51 62 49
REAL ESTATE BROKERS
Amore Real Estate 64 Colliers / DeVincenti 2 Compass 27 Compass / Antonini 13 Compass / Bonn & Webb 25 Compass / Filly 11 Compass / Greenberg & Splenda 3 Compass / Pugh 23 Kay Properties & Investments, LLC 17 Marcus & Millichap 18-19 Newmark Knight Frank / Sheridan & Boersma 67 Vanguard Commercial / Chapleau 9 Vanguard Properties / Stack 49 Vanguard Properties / Kilby Stenkamp 51 Zephyr / Terrence Jones 15 SECURITY
ADT Multifamily
37
Acceptance of an advertisement by this magazine does not necessarily constitute any endorsement or recommendation by SFAA, express or implied, of the advertiser or any goods or services offered. Advertisers in red are Associate Members of SFAA.
6 68 66 37 31 52
650-638-9546
WEST COAST PREMIER CONSTRUCTION, INC. Homy Sikaroudi, PhD, PE 510-271-0950 www.wcpc-inc.com
SUBMETERS
LIVABLE Daniel Sharabi www.livable.com
415-937-7283
TENANT PLACEMENT & LISTING REALPAGE Stacy Blackwell www.realpage.com
972-820-3015
RENTALS IN S.F. Jackie Tom www.rentalsinsf.com
415-409-3263
SF APARTMENT MAGAZINE | FEBRUARY 2020
61
• COMMERCIAL • RESIDENTIAL • EXTERIOR • INTERIOR
• RESTORATION • WATERPROOFING • ENVIRONMENTAL • COLOR
STRUCTURE PROPERTIES Corey Eckert 415-794-0064 www.structureproperties.com SUPER-TENANT Ashwin Chandra ash@super-tenant.com
415-309-9356
ZUMPER INC. Diana James diana@zumper.com
949-702-1508
WATER CONSERVATION SERVICE SF PUBLIC UTILITIES COMMISSION Chandra Johnson 415-554-0704 www.conserve.sfwater.org
WATER DAMAGE SERVICE
FIRE AND WATER DAMAGE RECOVERY Maria Neumann 800-886-1801 www.waterdamagerecovery.net
WATERPROOFING
KELLEY PAINTING AND WATERPROOFING Mitchell Kelley 415-847-7883 www.kelleypaintingandwaterproofing.com
sf.0319.great.escape.pdf
1
3/3/19
6:34 PM
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FEBRUARY 2020 | SF APARTMENT MAGAZINE
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Top-Tier Talent… continued from page 34
exceptional accounting professionals in
factor in the resident–resident manager
the industry. When asked what part of his
relationship. “Being 100% present is cru-
leasing.” Her success also comes from her
job he likes the most, Winta enthusiasti-
cial because it shows care and builds trust.
dedication and hard work. She’s always
cally responded “I love them all!” This is
Trust builds a community.”
willing to put in long hours when neces-
Winta’s first Trophy award. He was “sur-
sary, and more than happy to help others
prised” when he found out he won the
This was Katherine’s first Trophy Award
excel in their own careers. “I am proud
award, and he keeps it on his desk.
nomination, and she was thrilled upon
that I went for a career path that I enjoy, and of having a team that is great at leasing and loves leasing.”
Onsite Leasing Consultant of the Year Gerlynn Bernados, The Fillmore Center, Greystar
Maintenance Technician of the Year Edgar Garcia, 2B Living “It’s been the most rewarding for me to be recognized for all of my hard work,” said
finding out she won. She keeps her Trophy at home next to a photo of her daughter as a “reminder of why I strive to do my best. The possibilities are endless!”
Award has been his “crowning achieve-
Property Manager of the Year Bianca Stark-Falcone, Trinity SF
ment” so far. He attributes his success to
2019 was quite a busy year for Bianca,
While this is just Gerlynn’s first year in
his ability to solve residents’ problems of
who worked with Recology on their
the industry, she’s a natural. She believes
all sizes, big and small, as well as an ea-
Zero Waste goal, in addition to her day-
her success comes from her believing in
gerness to continue to learn and improve
to-day responsibilities. Bianca considers
her product and her ability to sell that
in his role. His positive attitude and work
herself a “teacher at heart,” and takes ex-
product. To date, she considers her recent
environment surely help. He describes his
tra care when training and working with
promotion after only six months on the
career as “truly rewarding” and his col-
staff. She’s most proud when she sees
job and her SFAA Trophy Award as her
leagues as “ecstatic” upon learning of his
employees get promoted and realize their
biggest accomplishments. After the event,
win. He has his Trophy Award displayed
own achievements within the company.
she showcased her Trophy Award next to
in the 2B Living office.
“I love working with people and creating
her Christmas tree, proudly displayed for
Edgar, who added that the SFAA Trophy
a better environment for employees and
Her favorite part of the job is getting to
Customer Service Professional of the Year Ebe Kiis, Veritas
know people from all over the world. “San
In fewer than two years, Ebe has received
Bianca was “stunned.” She described the
Francisco is so diverse, you get to see every-
two promotions at Veritas, and she’s been
experience as “an amazing feeling.”
one from everywhere!”
recognized by the SFAA with a Trophy
friends and family.
our residents.” When she received her Trophy Award,
to keep the streak going.” She says the
Resident Services Manager of the Year Jessica Young, Park Merced
most effective way to find success in this
Jessica surely knows what it takes to work
Blessie’s favorite part about being an
industry is to truly listen. “The majority of
in this industry as this is her second Trophy
administrative professional is that she is
clients simply want to be heard. The most
Award. She won in 2018 for best assistant
able to work with and help everyone in the
important skills to have in customer ser-
manager of the year. “Being recognized
company. “I’m not limited when it comes
vice is patience and the ability to listen.”
by the SFAA is a wonderful feeling,” she
to extending my assistance,” she explains.
Ebe placed her Trophy on her work desk
described. Jessica says her success comes
While her colleagues at Trinity SF certainly
in her home to “remind herself how hard
from her ability to provide and love for ex-
appreciate her dependability and willing-
work can pay off.”
cellent customer service, which has always
Administrative Professional of the Year Blessie Barcelona, Trinity SF
ness to collaborate, they also appreciate her
Award. “I’m very proud of my achievements at Veritas, and I’m working hard
been a “passion” of hers. In addition to
genuine personality and honesty.
Resident Manager of the Year Katherine Lara, Greystar
Blessie felt “surreal” when her named was
All of us in the industry know that resident
called at the Trophy Awards and considers
managers work hard, but Katherine Lara
the award her professional achievement
takes this to the next level. According to
She considers this Trophy Award her
that she is most proud of. She plans to dis-
Katherine, her success comes from under-
biggest professional achievement so far,
play her prized Trophy on her desk.
standing that she is working with people
and she plans to continue growing in
in regards to their home, their safe haven.
her role and career. “I’m lucky to have
She explains, “Being able to sympathize
fantastic leaders and a wonderful
Accounting Professionals of the Year Winta Pang, Gaetani Real Estate
customer service, Jessica says that, “giving residents and team members a platform to be heard is crucial.”
and connect with residents is the magic
team who all share the same mission:
Winta’s strong work ethic and passion
that can turn around most situations.” She
make Parkmerced a great place to
for his career make him one of the most
also emphasized “trust” as an important
live and work. SF APARTMENT MAGAZINE | FEBRUARY 2020
63
Industry Partner R & L Plumbing According to Mark Bush, VP of operations and quality assurance at R&L Plumbing, the key to success in this industry is exceptional and personal customer care. “By far, the number one thing is listening to our customers, supporting them…and always being available, responsive, and fair.” To be even more accessible to customers, R&L Plumbing built its staff with a “combina-
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tion of diverse and well-rounded backgrounds,” intending to relate to each and every customer, get to know them personally, and to better understand their needs, especially “over lunch!” Mark started in the business just out of high school in the plumbers union. After learning the business, and branching out to try a few other business ventures, he decided to stick with plumbing, but by opening his own business. “I came back
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to plumbing because it provided a service I believe in, I was good at it, and I wanted to do it the right way.” He’s now been in business more than 25 years, and after breaking away from the traditional commission-based, flat-rate model, he knows his business is straight-forward and fair, which has attracted the best technicians and loyal customers. His technicians are able to focus on their jobs, not on sales. “My goal is for my staff to be happy in their work, paid well, and able to build happy lives and families.”
Instructor Michelle Horneff-Cohen Michelle Horneff has been working with the SFAA for 20 years. We are grateful for everything she’s done for the organization over the years, especially in her current role as instructor, where she helps local rental property owners navigate complicated local laws and make informed and ethical
4
decisions. Her collaboration creating the classes and then bringing the material to students is invaluable. “It is so rewarding for me personally to see the ‘lightbulb’ turn on for students, while at the same time, doing what I love,” she says. “Being honored with this award is the icing on the cake.”
64
FEBRUARY 2020 | SF APARTMENT MAGAZINE
Board Report… continued from page 14
reality. This list will continue to grow if we
License No. 797467
don’t get serious about the climate we have created. I can assure you that most of the developers made plenty of money and are
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now enjoying themselves in other places, while we are stuck here to suffer through the toxic malaise. And this brings up another point: Most tenant legislation passes at the ballot box because the public perceives us as greedy, aggressive, rich, and wrong. Sure, much of the negativity is fake news, but there is some grain of truth in what “they” say about this industry. Imagine if we all took care of our property, treated tenants fairly, and actually competed amongst ourselves to offer the best product at the most economical price. What would they say then?
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Many of you will retort that the building prices, taxes, insurance, and other costs of doing business do not afford owners the
For inquiries, please contact Homy Sikaroudi, PhD, PE
luxury of being anything but tough and unyielding. While I do not profess to speak for everyone’s financial situation, I know
sf.1013.west.coast.premier.indd 1
9/18/13 12:32 PM
that enough of the community could afford to withstand some degree of self-reflection and modification in our practices. And for those on tight budgets, there is nothing worse than being stuck with huge legal bills because of some preventable war. (In many cases, victory is Pyrrhic, because the landlord spent so much to remove the tenant that the rental increase gained will take years to make up for the cost.) So as we begin 2020, think about how we, as an industry, present our product and treat our customers. The laws are simply reactive, and I submit that our past approach may not be producing the best results. Lawyers will find other avenues to make money. Politicians will lose interest with our business if there’s nothing to talk about. The legislatures will find some other industry to overly regulate if they can’t point to any abuses on our end. Think about this call to reform our image and the way we do business, and have a Happy New Year. Dave Wasserman is an SFAA Board Member and Rent Board Commissioner and may be reached at dpw42@georgetownedu.com.
SF APARTMENT MAGAZINE | FEBRUARY 2020
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