JAY G REENBE RG
SF APARTMENT magazine
San Francisco Apartment Association Office
265 Ivy Street San Francisco, CA 94102
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SFAA Staff
Executive Director Janan New Deputy Director Vanessa Khaleel
Education Specialist Stephanie Alonzo
Government and Community Affairs Charley Goss
Marketing Lara Kisich
Member Services Gershay Castaneda
Member Services Maria Shea
Accountant Crystal Wang
SFAA Officers President J.J. Panzer
Vice President Robert Link
Treasurer Jim Hurley
Secretary Kent Mar
SFAA Directors
Eric Andresen, Honor Bulkley, David Gruber, Neveo Mosser, Chris Bricker, Bert Polacci, James Sangiacomo, Dave Wasserman, Paul Gaetani
VOLUME XXXV, NUMBER 3
MARCH 2023
Published by San Francisco Apartment Association
Publisher Vanessa Khaleel
Editor Pam McElroy
Art Director Jéna Safai
Production Manager Cameron Shaw
Tel 415-255-2288
Web www.sfaa.org
SF Apartment Magazine (ISSN 1539-8161) Periodicals Postage Paid at San Francisco, California and at additional mailing offices. POSTMASTER: Send address changes to the SF APARTMENT MAGAZINE, 265 Ivy Street, San Francisco, CA 94102.
The SF Apartment Magazine is published monthly for $84 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 Printing Partners Copyright @2023 by SFAA.
What a Relief
It’s that time of year again! The below information may provide some relief as you’re working to file your taxes. Note: The following information is a general update. SFAA encourages members to work withs tax professionals. For a list of SFAA-affiliated tax professionals, turn to the Member Directory on page 48.
Winter Storm Tax Relief
Californians impacted by winter storms are eligible to claim a deduction for a disaster loss and will be granted an extension.
Claiming disaster losses: When filing the tax return, taxpayers should write the name of the disaster in blue or black ink at the top of the tax return to alert the Franchise Tax Board (FTB). If filing electronically, taxpayers should follow the software instructions to enter disaster information. If a taxpayer receives a late filing or payment penalty notice related to the postponement period, they should call
the number on the notice to have the penalty abated.
Tax extension: To help alleviate some of the stress many have endured during this trying period, the FTB has extended the filing and payment deadlines for individuals and businesses in California until May 15, 2023.
This relief applies to deadlines falling on or after January 8, 2023, and before May 15, 2023, including the 2022 individual income tax returns due on April 18 and the quarterly estimated tax payments, typically due on January 17, 2023 and April 18, 2023.
The IRS announced tax relief for Californians affected by these winter storms. Taxpayers affected by these storms qualify for an extension to May 15, 2023 to file individual and business tax returns and make certain tax payments. This includes:
• Individuals whose tax returns and payments are due on April 18, 2023
• Quarterly estimated tax payments due January 17, 2023 and April 18, 2023
• Business entities whose tax returns and payments are due on March 15, 2023
• For a list of California declared disasters, visit ftb.ca.gov/file/business/ deductions/disaster-codes
Informal Review Request— March 2023
If you believe your property’s assessed value is higher than the current market value, you may request an Informal Assessment Review between January 2, 2023 and March 31, 2023. This applies to single-family dwellings, residential condominiums, townhouses, live-work lofts, and cooperative units.
We’ve heard from quite a few members who’ve filled out the form and ended up saving thousands on their tax bill. Why not give it a shot?
Online submissions are preferable (sfassessor.org > Forms & Notices), but alternately you may send your request to: San Francisco Assessor-Recorder’s Office, Attn: Informal Review, 1 Dr. Carlton B. Goodlett Place, City Hall, Room 190, San Francisco, CA 94102. You can also fax 415-554-7915 or email InformalReviewRP@sfgov.org. Be sure to keep a copy for your records.
Don’t miss the myriad of programs available to lower your tax bill.
Fire Alarm Upgrade Deadline— July 2023
By now, you’ve probably heard about the San Francisco fire alarm code section 1103.7.6.1, which was adopted in 2016. The entire process can take anywhere from two to four months, so if you haven’t started the process yet, don’t wait any longer.
Building owners of (R-2) residential buildings with three or more units with an existing building fire alarm system need to comply with sound level requirements for sleeping areas by July 2023. Alarm systems have to pass the “pillow test,” meaning the central fire alarm system must be loud enough for all residents to hear it from their bedroom (meeting a sound level of at least 75 dBA).
If this applies to you and you haven’t upgraded your fire alarm system, contact your existing fire alarm provider and see what they can do for you. They may already know what needs to be done and can help with your unique building. The alarm system professional you work with should consider whether or not you have electronic floor plans available, if there’s an elevator or sprinkler system in your building, or if you have construction or remodeling work planned.
For a list of SFAA-affiliated alarm system professionals, turn to page 48 for the member directory. For more information on the legislation and FAQs, visit sf-fire. org/308-sleeping-area-fire-alarm-requirements
SFAA Landlord Expo
Come join SFAA and local rental property owners for a free educational event covering all things multifamily housing. Hear from the Department of Building Inspection, the San Francisco Fire Department, and the San Francisco Rent Board. The event will end with a beer and pretzel happy hour where you can chat with vendors, including landlord attorneys, plumbers, property management companies, and more. The event will take place on May 18, 2023, at the Fort Mason Gallery 308. Look for more
details at sfaa.org and on pages 42 and 61 of this magazine.
SFAA Updates
SFAA office reopening status: As the SFAA pivots to a hybrid in-office work model, members are welcome to make an appointment to visit the office with questions. However, please refrain from coming in person if you have tested positive for, were exposed to, or have symptoms of COVID-19.
The best way to have your questions answered is through email: MemberQuestions@sfaa.org. And just a friendly reminder, timely payment of membership dues is the best way to help the association help you.
SFAA member meetings: The first inperson member meeting since the 2020 shelter-in-place is scheduled! Mark your calendars for March 15, 2023.
Annual 2023-2024 Rent Increase
For rent-controlled units, the annual allowable increase amount effective March 1, 2023, through February 29, 2024, is 3.6%. This amount is based on 60% of the increase in the Consumer Price Index for All Urban Consumers in the Bay Area, which was 6% as posted in November 2022 by the Bureau of Labor Statistics.
To calculate the dollar amount of the 3.6% annual rent increase, multiply the tenant’s base rent by .036. For example, if the tenant’s base rent is $2,000.00, the annual increase would be calculated as follows: $2,000.00 x .036 = $72.00. The tenant’s new base rent would be $2,072.00 ($2,000.00 + $72.00).
To learn more about the San Francisco Rent Board, call 415-252-4602 or go to sfrb.org
PARENTTO-CHILD TRANSFERS
Q. If a 1% interest in a property is transferred from parent to child (or child to parent), do BOTH parties have to reside at the property in order to NOT have the property reassessed? My daughter now lives in Oregon and no longer wants an interest in the property.
A. We are understanding the question to be about the new law passed under Proposition 19 and the requirements to be excluded from reassessment.
Once our office determines that a change of ownership has occurred, state law under Proposition 13 requires us to reassess the property to its current fair market value as of the date the ownership changed. From the situation you described, where 1% of the property changed ownership (from the parent to the daughter), only that portion of the property that changed ownership would be subject to reappraisal. Since 1% of your property was transferred, our office would reassess only 1% of the property at its fair market value as of the date of the transfer and deduct the remaining from any existing base year value.
For the property not to be reassessed under the Prop 19 Parent to Child Reassessment Exclusion, the property must be the principal residence of the transferor and be (or become) the principal residence of the transferee (transferee must file a Homeowner’s Exemption claim form within one year of the transfer date to qualify for the Prop 19 exclusion). Also, Prop 19 has a value limit component, so it’s not like Prop 58 where it would be fully excluded. The assessor’s office will work on the value calculation based on the fair market value to determine if the transfer qualifies for the Prop 19 exclusion.
For more on Prop 19, turn to “Tax of all Trades” on page 20.
ADU Dues
written by THE SAN FRANCISCO RENT BOARDtherefore, will probably be forced to leave San Francisco.
Editor’s Note: The following San Francisco Rent Board cases are real, though they have been edited for space and clarity. They have been selected to highlight some of the more interesting cases that the board reviewed at its recent commission meetings. For full Rent Board agendas and minutes, please visit sfrb.org.
800 Block of Corbett Avenue
The tenants’ objection to the landlord’s ADU Declaration was denied. The ALJ found that the landlord’s proposed ADU construction project would not result in a substantial reduction in housing services pursuant to Rent Ordinance Section 37.2(r).
On appeal, the tenant of one unit argues in part that the relocated parking spaces will be inaccessible to the tenants and that the ALJ failed to consider whether the tenants’ right to quiet enjoyment will be impacted by the work.
A property manager for the landlord stated that no shared housing services provided to the tenants would be removed as a result of the ADU construction. He said that the area described as a “loading zone” by the tenant appellant is not a loading zone and that no tenants have access to the building storeroom in the basement of the building.
A representative for the landlord stated that only one tenant appealed the ALJ’s decision, and that the comments submitted by neighbors in adjacent buildings have no relevance to the
appeal. He stated that all the proposed parking spaces in the landlord’s ADU construction plans are virtually the same size as the existing spaces, which are equal to, or larger, than the parking space dimensions required by the Planning Code. He stated that although the building’s existing garage can be challenging to maneuver, the design plan for the work accounts for maneuverability, which will not be substantially impacted by the changes.
A tenant of the building told the Board that tenant opposition to his landlord’s planned ADU construction is what inspired the recent legislation that allows for Rent Board review of ADU plans. He stated that his case was one of the first under the new law, and that the ALJ took a “narrow and rigid” view of the law that ignored the tenants’ objections related to noise and maneuverability.
The tenant stated that, according to his research, in cases with similar facts decided by different Rent Board ALJs, the ALJ upheld the tenants’ objections related to parking maneuverability. He also stated that the author of the ADU legislation itself, an aide for Supervisor Mandelman, confirmed that the ALJ should have considered any temporary impacts on the tenants during the construction work, including the anticipated loss of quiet enjoyment and other disruptions. He stated that if the landlord is allowed to proceed with construction, several disabled seniors will be unable to park their cars in the garage, and
Decision: To deny the appeal (3-2).
200 Block of Guerrero Street
The landlord’s petition for a determination pursuant to the Costa-Hawkins Rental Housing Act was granted. The ALJ found that a rent increase was authorized because all of the original occupants vacated and the tenant respondent is a subtenant who moved in after the tenancy commenced. The tenant appeals the decision on the ground that he is an original occupant who moved into the unit with the landlord’s permission at the same time as the rest of his family members.
The landlord’s attorney said the tenant disguised himself as one of the original leaseholders “for years,” and produced false identification to avoid a rent increase. He stated that the ALJ wrote a thorough decision based on many exhibits and two days of arbitration, and that the previous decision should be upheld.
The tenant’s attorney stated that the appeal does raise questions of law, contrary to the landlord attorney’s characterization of the appeal. Specifically, she stated that the ALJ incorrectly interpreted the term “occupy” for the purpose of the Costa-Hawkins Rental Housing Act. She also stated that the undisputed evidence showed the tenant was in possession of the unit at the start of the tenancy, and that the Commission should reverse the decision.
Decision: To deny the appeal (3-2).
Check all the boxes when planning an ADU.
INTEREST ON DEPOSITS
The rate of interest owed on deposits for the period March 1, 2023 through February 29, 2024 is 2.3%.
The rate of interest owed on deposits for the period March 1, 2022 through February 28, 2023 is 0.1%. The new rate is published annually by the Rent Board.
The Rent Board calculates the interest rate according to the annual average of the 90-Day AA Financial Commercial Paper Interest Rate (rounded to the nearest tenth) for the immediately preceding calendar year as published by the Federal Reserve.
The above information was reprinted from the Rent Board. For more information, visit Sfrb.org.
1900 Block of Page Street
A tenant stated that she had not yet seen the landlord’s revised ADU construction plans and asked that the case be remanded for a supplemental hearing so that the tenants can review the new plans and raise any objections.
Another tenant stated that the sufficiency of bike storage in the building is an important issue, and that both he and a co-occupant keep bicycles on the premises that they use to commute to work each day. He stated that the revised ADU construction plans submitted by the landlord on appeal are confusing and contradictory, and that the tenants deserve a chance to review the landlord’s revised plans at a supplemental hearing.
A tenant stated that the landlord’s revised ADU construction plans were not part of the original hearing and asked that the landlord’s appeal be denied or remanded for a supplemental hearing to allow the tenants to review the plans.
The tenants’ objection to the landlord’s ADU Declaration was granted. The
ALJ found that the landlord’s proposed ADU construction project, resulting in a reduction of bike parking spaces, constitutes a substantial reduction in housing services pursuant to Rent Ordinance Section 37.2(r).
On appeal, the landlord argues in part that their current construction plans will accommodate more bike parking spaces than previously proposed.
Decision: To accept the appeal and remand the case for a supplemental hearing to allow consideration of the proposed amended plans and to give the tenants an opportunity to respond (5-0).
For more information, visit. Sfrb.org
Legal Questions
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 San Francisco Rent Ordinance. SFAA monthly meetings and legal panels are a benefit just for members, so make sure you are getting the most out of your membership and be sure to attend the next meeting. Email Maria with questions for the panel: maria@sfaa.org
Through the Roof
written by VARIOUS AUTHORSQ.My tenants keep getting on the roof, claiming they have “roof-deck rights.” There is no roof deck. What do I do?
A. This is very common problem and a problem it is, from many angles: potential liability for landlords, escalation of landlord/tenant rights disputes, violations of San Francisco Planning and Building Department permitting rules regarding setbacks, neighbor notification, health and safety, complaints by neighboring property owners/occupants, etc.
For this column, I’ll address only the “illegal” use of the roof: when there is no permit-issued roof deck construction or specific provision in the lease or agreement between the landlord and tenant that allows use of the permitissued roof deck as an amenity to the tenant’s occupancy (for which the tenant pays to utilize).
In many multi-unit buildings, there can be an emergency exit door allowing roof access in case of emergency. That is, pursuant to San Francisco Planning and Building Codes, buildings exceeding a particular square footage may require an unlocked, unfettered roof access door in case of emergency, allowing occupants onto the roof to reach the fire escape of the building and/or as an “area of refuge” for safety and ultimate rescue by personnel of emergency services.
As these roof access doors must be left unlocked for the reasons stated above, tenants/occupants (and their guests) may decide to go on the roof during non-emergency situations—that is anytime they so desire—to take a look around, hang out, bring a beach chair, drinks, food, etc. Sometimes, the illegal use of the roof by tenants is very elaborate, including chairs, tables, umbrellas, BBQs, “floor coverings,” planted gardens, etc. I have even experienced a “wet bar” and dance floor set up on a roof by tenants of a building— all illegal activity!
A roof deck requires approvals from the City and County of San Francisco. Without said approval, the roof may not be used as a common-area amenity by the tenants. If a neighboring property owner (or any interested party) complains to the Building Department of these tenant activities, the landlord will be issued a Notice of Violation, requiring either abatement of the use or directing the landlord to the option of obtaining a permit for said roof deck.
Without a permit, no roof deck activity. A permit would not issue if it violates the Planning Code and/or Building Code. These design guidelines imposed by the City address setbacks, privacy concerns by other neighbors, required neighborhood notification to surrounding property owners, etc. (No one wants to live beside tenants partying on a roof,
so don’t expect the support of your neighbors). Then, the Building Department shall require appropriate construction materials, plans, inspections, for example—sometimes a very expensive endeavor.
However, if the landlord has been allowing the activity for some time—either inadvertently or deliberately—the landlord may then be vulnerable to a claim by the tenant users of a reduction in housing services when it is confirmed the landlord cannot obtain a permit. Further complicating matters, if you have numerous sets of tenants utilizing the roof: Upon whom do you serve the Notice of violation of lease covenant? Which tenants do you evict? All of them? Some of them? Without proof (via video surveillance) of the perpetrator(s), landlords risk accusing/ terminating the wrong tenants.
And we are all aware of accidents over the years when persons fall from roofs, roof decks, balconies—many of said tragic events have occurred with properly constructed and permitted roof deck elements. It is a liability and expense that may not be covered by insurance should an injury occur and/ or a claim be made due to the illegal roof access activity.
Landlords must take action to stop this activity immediately. Landlords should post signs on the emergency roof access doors indicating said roof access is in case of emergency only, is deemed a trespass if accessed by tenants for non-emergency purposes, and send a letter to all tenants confirming the terms of the Emergency Roof Access Door usage. The door should trigger an alarm—either silent or sounded— to the landlord, property manager,
As the weather gets warmer, don’t forget that without a permit, there should be no roof deck activity.
or onsite manager that the trespass is occurring. I highly encourage video surveillance of the door to “catch” any perpetrator and take swift action of the violation about the lease covenant.
—Denise A. LeadbetterQ. I’m only getting section-8 applicants for my vacant units. I’ve never rented to a section-8 tenant before. Is there anything I should know before moving forward?
A.Many of the features of a Section 8 tenancy will be new to you, but keep in mind, a Section 8 tenancy is still a tenancy. Of course, you do need to understand the differences so you can comply with the regulations.
First, it is important for you to know that, while you have some flexibility in selecting your future tenants, you actually cannot discriminate against Section 8 applicants. California’s Fair Employment and Housing Act protects prospective tenants from discrimination against categories like race, religion, gender, etc. A 2018 case reviewed a challenge to a local ordinance expanding these protections to “source of income” (including Section 8 housing choice vouchers).
The Court of Appeal in CCSF v. Post upheld San Francisco’s authority to expand these protections, and while many were confused by the decision (that acknowledged the State law’s field preemption, but let a city define the field), California soon followed suit and protected Section 8 tenants from housing discrimination at the state level.
These rules exist for a reason: not every landlord is enthusiastic about entering a contract with both their prospective tenant and the third-party government agency administering the tenant’s rent subsidy. Of course, you seem eager to explore this new group of applicants, and you have good reason. Vacancy rates are up. Rents are down. While voluntarily vacated units generally fetch market rates, rent control limits rent increases going
forward. Aside from Prop. M’s vacancy tax, San Francisco landlords have a disincentive for landlords to set the price cap of their asset at the nadir of the rental housing market.
And yet the current market is a great reason to consider Section 8 tenants. Rent control establishes a “base rent” at the initial monthly price. The base rent increases at only 60% of our regional CPI until all “original occupants” vacate. (On day 1, tenants pay market rate, but many landlords lament the diminishing cash flow over time.) However, Section 8 rental rates are regulated by HUD (not San Francisco), and they track regional, fair market payment standards over time, not historic market prices fixed at the outset.
This protected revenue stream does come at a cost; Section 8 tenancies face higher scrutiny for habitability inspections. If a landlord fails an annual housing quality standard inspection by SFHA, no rent is owed until the defects are cured. (This could be something as trivial as a single broken stove burner or a single malfunctioning power outlet.) However, this higher standard may be a blessing in disguise. While exempt from rent control, other local tenant protections apply.
And while landlords are often surprised with liability to unhappy tenants (who may not have been forthcoming about issues with their housing), the public housing agencies’ frequent inspections (1) ensure that your housing accommodations remain safe and sanitary; (2) keep your tenants happy; (3) protect you from liability; and (4) ensure that you maintain market rate rental income. If your only applicants are Section 8 tenants, your choice is simple. But even if you have a field of candidates, the benefits of Section 8 tenancies during a pandemic will likely outweigh their increased administrative obligations.
—Justin A. GoodmanTax of All Trades
Written by JOAQUÍN TORRESFrom property tax savings to modernizing systems, read on for an update from San Francisco’s Assessor-Recorder, Joaquín Torres.
This past January, I was honored to be sworn in for my first four-year term as Assessor-Recorder for the City and County of San Francisco. I’m humbled by the opportunity that you, the voters of our city, have given me as I continue to serve you.
In my first two years in office since being appointed by Mayor Breed in 2021—and elected twice by the voters—with the assistance of hard-working staff, we’ve supported San Franciscans through one of the most difficult times in our history. The fundamentals of our government rely on the core services that we provide: assessing property and assigning value, fairly and accurately.
Your Dollars at Work
For the fiscal year 2022-2023, our office identified over 211,500 property parcels and 37,000 business assessments in San Francisco, with a total assessed value of nearly $330 billion. It is estimated that this roll value will generate approximately $4 billion in property tax revenue. Generally, 34% of the property tax revenue goes to the school district, 2% to transportation and air quality management, and 64% (or $2.5 billion) goes to San Francisco’s General Fund. Property tax revenue represents over a third (35%) of the general fund budget.
That value comes to life as we invest in the daily needs of our City—affordable housing, public safety, shelter beds, parks, schools, public transit, our economic recovery efforts, public and mental health needs, firefighters, emergency services, and more. All of these depend on the financial foundation built through the hard work of the Office of the Assessor-Recorder.
Priorities Moving Forward
With a focus on integrity and accessibility, the Office of the Assessor-Recorder will continue to advance our priorities by:
• Balancing our work in assessing all taxable property in San Francisco as we address rising appeals brought on by the pandemic. Effective representation of enrolled values at the Assessment Appeals Board ensures property taxes are appropriately adjusted, and that processing is timely and equitable.
• Further developing tools to eliminate barriers and advance transparency for the public in accessing records.
• Modernizing our property tax assessment system and completing the second phase of a multi-year project, “System for Managing Assessment, Records, and Transactions” (SMART), to enable seamless service for the public.
• Bringing new programs and our services into the community to help families—specifically low-income and families of color—protect their hard-earned assets, secure their long-held dreams, and build intergenerational wealth in San Francisco.
As we move forward over the next four years, this work—performed fairly, timely, and equitably—ensures we may support the City’s financial stability through difficult economic times, so vital public services are there to support you.
We strive to promote financial stability for San Francisco’s diverse communities. Through our new free and low-cost estate plans for residents, our expanded Family Wealth Series, which raises public awareness of tax exemption programs; our hosted forums on issues impacting first-time homeowners, such as securing fair appraisals; and implementing the new state AB 1466 law to ensure that racist covenants are removed from recorded documents, we will continue to advance the ideals of racial equity and economic empowerment through financial literacy.
Excellence and Efficiency in Customer Service
Each year, approximately two hundred thousand documents— such as property deeds, liens, trusts, and maps—are recorded with our office and made part of the public record. While these documents are indeed public, attaining them has not always been free or straightforward. To better serve you, we recognize the need for an easy path to access property records. We are committed to building and maintaining secure and effective technological systems to achieve consistent, superior service for constituents, including upgrades to improve accessibility.
In 2020, for example, we launched a new Recorder Information system, which includes a self-service Public Index Search tool that allows for purchase and instant downloads of recorded documents without having to come to our office in person or mail in requests. This search tool allows constituents and property owners quick access to documents recorded on their property, such as deeds and deeds of trust. This new system also enhances our internal process, creating better and faster workflows as well as providing opportunities for enhanced data validation and tracking capacity.
Additionally, in 2021, the first phase of our property assessment system update, System for Managing Assessment, Records, and Transactions (SMART), was completed. Moving forward, we are excited to complete phase two of this modernization process, which replaces a decades-old system and will allow us to better serve property owners in the following ways:
• Integrate property tax and assessment functions among the Office of the Assessor-Recorder, the Office of the Treasurer and Tax Collector, and the Controller’s Office for enhanced customer service.
• Decrease turnaround time for annual property tax assessments and provide timely tax billing.
• Create taxpayer self-service tools for a better and more transparent experience.
• Build new IT infrastructure, ensuring property owners’ records are housed in a secure and resilient system.
• Enable our office to more easily implement the system changes necessitated by new laws or evolving ownership structures.
• Improve information that is available to the public and policymakers, which will also enable better revenue forecasting and data analysis.
Appealing Your Assessed Value
As changes related to the COVID-19 pandemic, such as remote work, downtown office vacancies, and inflation, continue to impact San Francisco’s economy, I am frequently asked about
the increase and rate at which appeals in property assessments are seen by the City, as well as the process for property owners to contest their assessed value. Assessment Appeals are a resource for property owners who believe their assessed value, assigned by our office, is higher than the current market value.
To begin, our staff uses multiple methods to value property, including the sales comparison (market), cost, and income approaches. We select the most appropriate method reflecting market value as of the event date, such as sales or new construction. For example, with apartment buildings, having access to properties’ operational expense data and rent rolls when valuing such properties helps result in a more accurate appraisals. We do this work in accordance with the state’s Revenue and Taxation code, and the state Board of Equalization guidance and are legally unable to make exceptions. Our office is proud to set the gold standard for fair and accurate assessments; during a recent audit of our assessment valuations and operations by the State Board of Equalization, our office received a 99.92% A+ score.
Generally, there are two ways you could appeal your assessed value.
For small residential properties, our office has a free annual informal review process. This service is only available for single-family dwellings, residential condominiums, townhouses, live-work units, and cooperative units. The property owner may request an Informal Assessment Review for the fiscal year beginning July 1, 2023 and ending June 30, 2024 between January 2, 2023 and March 31, 2023. Please note, this deadline is rapidly approaching. If the market value of your property as of January 1, 2023, is determined to be lower than the factored Prop. 13 value (assessed value), your assessed value will be temporarily reduced to the market value. Your property’s value will be re-examined annually until the market value exceeds the Prop. 13 value, at which time the factored Prop. 13 value will be reinstated. Should you wish to file for an Informal Assessment Review, you can either submit your request online via our website or return a complete form to our office at City Hall. (For detailed instructions, turn to the sidebar on page 55).
For all properties, including commercial properties, you may file a formal appeal with the Assessment Appeals Board, an independent board appointed by the Board of Supervisors to conduct fair and impartial hearings on property assessments. Property owners will receive their Notice of Assessed Value in July for their routine annual property value. If you believe the market value of your property is below the assessed value, you can file a formal appeal at the Assessment Appeals Board between July 2 and September 15. You can do this through the Assessment Appeals Board website: sfgov.org/aab. There will be a required form and a filing fee.
Look Before You Lease
Written by PAM MCELROYIt seems like we could all use a little help navigating the current rental market. With people moving to and from the city, rolling layoffs, and certain neighborhoods still recovering from the pandemic, it’s no wonder! In times like these, it can be hard to know how to invest in your buildings, fill vacancies, and . . . really, just keep up!
We asked a few of SFAA’s top property managers to share their expertise and advice. The following is what they had to say, in their own words.
Corey Eckert Vice President, Leasing & Marketing Structure Properties, Inc.While we have experienced an increase in demand, we are still somewhat in a renter’s market. Top priorities for tenants include neighborhoods within close walking distance to main shopping corridors and/or parks; in-unit laundry; space to comfortably work from home; and natural light.
We’ve seen a slowdown in renters moving out for better deals as many have already secured low-rent, rent-controlled units during the pandemic. The great news is that we are seeing an increase in renters who are new to the city with employment offer letters.
The market is very much following the massive amount of tech layoffs we’ve experienced in the Bay Area recently. In November and December, we saw demand significantly decrease, even beyond the ordinary seasonal slowdown. Things are getting much better as we head into February and layoffs have slowed down.
My expectation is that rents will continue to climb, slowly but steadily, through end of summer and into the fall.
My advice? Now more than ever, it’s important to ensure you have your best foot forward in terms of unit condition. Very clean, updated units show much better. Get professional photography, create floor plans, and include a virtual tour to help your listings stand out.
Corey Eckert can be reached at ceckert@structureproperties.com.
Need a little help navigating the rental market these days? Read on for some clarity.
HRH Real Estate Services Corporation
It wasn’t that long ago when landlords had to do little more than post an ad on Craigslist or hang a sign on their building to rent a vacant unit in San Francisco. People would line up, applications pre-filled, complete with references and personal biographies, all vying to be the first choice. Renters would pay for an apartment a month before their actual move-in date, just to secure a lease.
Wise landlords used this period of high occupancy to build reserves to improve their buildings. They kept their common areas fresh, grounds groomed, and conducted minor unit improvements during occupancies.
In the wake of many large employers diversifying work forces to other states, the unexpected exodus from San Francisco when COVID hit, and the resulting trend in remote work, we have seen record vacancies that have been challenging to fill. Simply lowering rents has done little to motivate prospective renters with so many apartment choices available.
Our anticipated “slow season” (November through January) was the most stagnant many of us have ever seen. The wise landlord, who regularly invested in their building, found themselves ahead of the competitors because they were not faced with sudden and expensive repairs, cash crunches to facilitate improvements, labor shortages, and delays in re-marketing their housing supply.
Adding to the dilemma, those times created a great deal of uncertainty and insecurity for landlords. Those that carry large mortgages were hemorrhaging money in buildings that were sometimes less than 50% occupied. If they weren’t strapped for cash, they were fearful to spend.
Looking at the units I manage and lease, it’s clear that properties that are well-maintained and check the top boxes for prospective renters result in more logged leasing inquiries and applications. Further, they continued to move at or near high-season rates, albeit at marginally slower turns.
For example, a well-appointed two-bedroom apartment in a standard walk-up can fetch $6,000 per month. In contrast, a unit that hasn’t been maintained or lacks desired features rent below $4,000, some as low as $2,500.
Renters’ tastes have become increasingly more refined. They have not seen job cuts to an extreme that their spending has slowed, and they are still searching for two-bedroom units within a $5,500-$6,000 budget.
Expectations have increased as quickly as rising inventory. The most sought-after apartment features include: desirable location; in-unit laundry; extra space for a home office; upgraded kitchens and bathrooms; hardwood flooring; designated parking; outdoor
space and views; reputable management services; additional storage; forced-air heat; and good natural and artificial lighting.
Of course, there are many factors to consider before moving forward with any major renovation plans. What cycle are you in in your investment? Are you building for the long-term in growth and future retirement? Are you retired and on a fixed-income? Is your plan to sell or leave to heirs? Would you need to finance your renovations?
And, finally, what will your return be? If you (1) take the top-tier rental value that a fully-renovated unit could fetch in your building (factoring in your building’s quality, location, and your unit’s size), and then (2) subtract current market rent for that unit, then (3) take the total estimated cost of repairs and divide it by the number you arrived at in Step 2 above, you’ll find your recovery time. If the number you end up with exceeds 48 months, your recovery period may be too high.
Example
Estimated new rent - Current rent
$5,000 - $3,500 = $1500 per month value increase.
Cost of Renovations/Increased Value = Recovery Period
$50,000 / $1,500 = 33 months recovery
While a person cannot create all of the above features, like views or the building location, many of the other items can be achieved via simple and inexpensive fixes and creative marketing.
Renee Engelen can be reached at renee@hrhrealestate.com
Natalie M. Drees President Lingsch RealtyOur tenants are moving out due to job relocations or because they are taking advantage of lower housing prices to plunge into homeownership. In addition, many tenants we rented to during the pandemic are now moving back in with roommates to save money or are moving in with their significant others and are looking for a larger space.
Our rent prices are back at pre-COVID levels. Tenants continue to look for deals, but they want updated units including dishwashers and in-unit laundry. We find tenants are taking much longer that usual to decide about an apartment. They view an apartment and then come back to us weeks, even months, later, saying they want to rent it. We suspect that on the heels of the depressed pandemic-era rent prices, tenants are slow to realize the market has recovered. Look Before You Lease… continued on page 58
Re-Bound to Happen
written by JAY GREENBERG2022 proved to be another interesting and exciting year. Downtown San Francisco— one of the hardest-hit areas during the pandemic—is still in recovery mode, facing challenges that include recent loan defaults and high vacancy rates. So far, there has been low sales inventory for 2023. Interest rate hikes appear to be slowing down for the moment, and the rental market is doing well as people continue to return to the city.
But for now, let’s take a look at how 2022 came to a close.
The following are 2022 year-end statistics for the 5-9-unit sector and the 10-plus-unit sector versus the same time period for, 2017, 2018, 2019, 2020, and 2021.
5-9 Units
The average price per square foot has bounced around since 2017 without any big peaks or valleys. The yearend cost per square foot was $535 in 2017, $561 in 2018, and $554 in both 2019 and 2020. Price per square foot dropped a bit to $524 in 2021 and again to $507 in 2022—our lowest figure since 2014.
Gross rent multipliers (GRMs) have been on the decline since 2016, besides 2018, which was a record-breaking year for sales and value indicators. The average GRM was 17.79 in 2017 and 18.32 in 2018. In 2019, the GRM dropped to 16.97, and in 2020, it
dropped to 15.71—the lowest GRM since 2012. The downward trend continued, however, with a GRM of 14.93 in 2021 and 14.47 in 2022.
Like the cost per square foot, the average price per unit has bounced up and down since 2017 without any big peaks or valleys. In year-end price per unit was $457,000 in 2017, $496,000 in 2018, $489,000 in 2019, $484,000 in 2020, and $441,000 in 2021. In 2022, the year-end average price per unit is $428,000—a 3% decrease in a yearover-year comparison.
Year-end dollar volume in the 5-9unit sector has been strong, generally increasing since the financial meltdown of 2008, not including 2020, when there was a significant decline. Dollar volume reached $298 million in 2017, $317 million in 2018, and $349 million in 2019. In 2020, the significant decline resulted in $236 million total sales volume for the year—a 32% decrease in a year-overyear comparison. We bounced back, reaching $358 million by the end of 2021, and dropped slightly to $317 million in 2022—an 11% decrease in a year-over-year comparison.
Transaction levels have remained steady over the years, except for the first year of the pandemic. There were 105 recorded closings by the end of the year in 2017, 104 in 2018, and 107 in 2019. In 2020, there were only 78 recorded closings, the lowest level in the past decade. There was a rebound
in 2021, ending the year with 108 closings, and another jump in 2022 with 117 closings—an 8% increase in a year-over-year comparison.
10-Plus Units
Note: 2018 was a record-setting year for value indicators and transaction levels.
The average price per foot was $555 in 2017, $621 in 2018, $598 in 2019, $544 in 2020, and $520 in 2021. At the close of 2022, the average price per square foot was $447—a 14% decrease in a year-over-year comparison, and our lowest value since 2014.
The average GRM was 16.85 in 2017, 18.33 in 2018, 16.56 in 2019, and 15.54 in 2020. In 2021, we ended the year with an average GRM of 14.15, and in 2022, the GRM dropped again to 13.54—a 4% decrease in a yearover-year comparison, and our lowest value since 2012.
The average price per unit was $404,000 in 2017, $471,000 in 2018, and $466,000 in 2019. There was a 9% decrease to $425,000 in 2020, followed by a second 9% decrease to $385,000 in 2021. The average price per units dropped another 10% to $346,000 in 2022, our lowest value since 2014.
As mentioned previously, dollar volume in the 10-plus unit sector was off the charts in 2018, reaching a record breaking $1.1 billion in sales volume. Before 2018, the previous high was $703 million in 2013. Year-end dollar volume reached $624 million in 2017 before reaching $1.1 billion in 2018. Dollar volume fell to $572 in 2019 and $337 million in 2020—the lowest
Despite rising interest rates and layoffs, our market held in 2022.
dollar volume over the last decade. There was a nice rebound to $554 million in 2021 (after a sluggish start), and another decline to $511 million at the end of 2022—an 8% decrease in a yearover-year comparison.
Transaction levels were very low in 2015 and 2016 before picking up to 88 closed transactions by the close of 2017. After increasing to 103 closed transactions by year-end 2018, there was a significant decrease to 65 closings in 2019 and 46 closing in 2020. There was a rebound in 2021 to 83 closed transactions, and then another drop to 63 closings in 2022—a 24% decrease in a year-over-year comparison.
The source of the numbers reported come from Jay Greenberg & Vitaly Rutus, San Francisco Multiple Listing Service, and Costar Comps.
My Two Cents
The figures above tell a story. The 5-9unit sector was robust through 2022, and through the third quarter, prices held steady. But, as expected, rising interest rates impacted pricing, and toward the end of the year, pricing levels came down.
In the 5-9-unit sector, there was a 3% decline in all reported value indicators in a year-over-year comparison.
The data for the 10-plus-unit sector demonstrates greater weakness in this segment of the market. Price per unit and price per foot values dropped more than 10%, and GRMs decreased by approximately 4%.
Interestingly, 2022’s year-end GRM of 13.54 is the lowest multiplier we have seen since 2012; looking back to the mid90s, it was rare to have a multiplier even this high. Additionally, transaction levels dropped approximately 25% from 2021, and dollar volume dropped approximately 8%.
In the second half of 2022, we started to see some closings in the Downtown sector of San Francisco. Downtown was hit hard during the pandemic, and the
Re-Bound to Happen… continued on page 40
Fit the Build
written by VARIOUS AUTHORSHousing Element
Earlier this year, the Board of Supervisors and Mayor London Breed unanimously voted to amend San Francisco’s Housing Element, which sets out a plan for San Francisco to create over 82,000 new homes in the next eight years.
The approval of the Housing Element is a legislative act that California cities are required to take every eight years. It is a critical step in setting broad goals around how much housing, including affordable housing, that cities aim to build and how they plan to do it. In San Francisco, the Housing Element directs City leaders to create a streamlined approval process for housing, such as:
• Rezoning well-resourced, West-side neighborhoods to allow for increased density, particularly along transit corridors.
• Increasing affordable housing production with a focus on wellresourced neighborhoods.
San Francisco’s requirement is almost triple the amount the city was expected to create (but failed to do so) over the previous eight years. Of the
82,000-plus units, approximately 32,000 must be affordable to low- or very-low-income households. To meet the updated, steep requirement, the city will focus production on small and mid-rise housing across the city, but particularly near transit corridors and the west side of the city.
“I’m thankful for all the work that went into this by City staff, our partnership with the State in working to get this finalized, and the Board of Supervisors for approving it. We need to bring that same focus and shared vision to the work ahead of passing reforms to our housing approval and permitting process, rezoning our city, and securing affordable housing funding. This is a major step for changing how we approve housing in San Francisco, but it’s only the first step,” said Mayor London Breed.
The 2022 Housing Element is San Francisco’s first housing plan centered on racial and social equity. It articulates the City’s commitment to recognizing housing as a right, increasing housing affordability for low-income households and communities of color, creating more small and mid-rise multifamily buildings across all neighborhoods, and connecting
housing to neighborhood services like transportation, education, and economic opportunity.
For more information, visit sfhousingelement.org.
Western Addition Safe Streets Project
Mayor London Breed and the San Francisco Municipal Transportation Agency (SFMTA) announced the Western Addition Community Safe Streets Project has been awarded $17.6 million as part of the U.S. Department of Transportation’s (DOT) new Safe Streets and Roads for All (SS4A) Grant Program (transportation.gov/ grants/SS4A).
The funding for this grant program comes from President Biden’s historic Bipartisan Infrastructure Law, and advances U.S. Transportation Secretary Pete Buttigieg’s nationwide effort to improve roads and address traffic fatalities.
San Francisco’s application was supported by Speaker Emerita Nancy Pelosi, Senator Dianne Feinstein, and Senator Alex Padilla. The overall budget to improve safety for the community—which includess design, construction, and education/outreach campaign activities—is estimated to be $22 million.
“This federal support will help us to make our streets safer for the residents and workers in the Western Addition community,” said Mayor London
Through the Housing Element; a federal grant; and permanent supportive housing, the City has plans to improve quality of life.
Koster & Leadbetter LLP The Flood Building 870 Market Street • Suite 450 • San Francisco, CA 94102 www.kosterleadbetter.com
PRACTICAL REAL ESTATE ADVICE YOU CAN COUNT ON
• Residential (rental property owners)
• Commercial
• Land Use
• Contract Formation
• Dispute Resolution
Denise A. Leadbetter Attorney at Law denise@kosterleadbetterlaw.com 415-713.8680
Thomas Koster Attorney at Law thomas@kosterleadbetterlaw.com 415-680-0023
OpenScope Studio 1776 18th Street San Francisco, CA 94107 openscopestudio.com info openscopestudio.com (415) 891-0954
• Multi-family specialists
• Value add remodels
• Accessory Dwelling Units
• Physical needs assessments
• Pre-purchase consultations
• Feasibility and capacity studies
• Interior / Exterior renovations
• Urban infill
• Mixed-use
• Review Services
Breed. “Projects like this are essential to creating safer road conditions in neighborhoods throughout our City, and helping us make our communities safer for all. I want to thank Secretary Buttigieg and the U.S. Department of Transportation for their critical support for this project.”
The Western Addition Community Safe Streets project (WACSS) includes traffic signal upgrades and speed management improvements in support of the City’s Vision Zero goals. These safety improvements were identified in the Western Addition Community Based Transportation Plan (WACBTP).
“SFMTA’s community-based plans start with community—working with neighbors to understand their priorities and collaborating to turn those priorities into actions. We’re grateful to the people of the Western Addition for their work, and to the federal DOT for helping us implement the plan’s commitments,” said Jeffrey Tumlin, SFMTA Director of Transportation.
Key elements of the WACSS project are as follows:
• Signal visibility enhancements to improve safety through larger 12” signal heads and mast arms
• Pedestrian signal improvements such as pedestrian countdown signals (PCS), accessible pedestrian signals (APS), pedestrian-activated flashing beacons, upgraded streetlighting, and upgraded curb ramps
• Speed management strategies such as lower speed limits through 20 mph signage, radar speed signs, quick build improvements based on WACBTP, and additional community engagement
• Multilingual education and outreach campaign on traffic safety and speed management
“We join City partners in thanking the U.S. Department of Transportation for
its award of $17 million to implement the Western Addition community-based plan,” said District 8 Supervisor Rafael Mandelman, Chair of the San Francisco County Transportation Authority. “The Transportation Authority also appreciates the US DOT’s award for our San Francisco Vision Zero Freeway Ramps Study. Both efforts will help save lives and create healthier and more equitable communities in our city.”
The Western Addition Traffic Signal Upgrades Phase 1 project is estimated to begin construction in Spring 2023. Near-term improvements identified in the WACBTP have been implemented. These include daylighting, continental crosswalks, bulb-outs, pedestrian-actuated rectangular rapid flashing beacons, and advanced limit lines.
The Western Addition Traffic Signal Upgrades Phase 2 project, estimated to begin construction in Spring 2025, has started design using local funds and is proposed to complete design and implement improvements at 16 intersections as part of the WACSS project.
1064 Mission Street
A new Permanent Supportive Housing (PSH) building opened at 1064 Mission Street earlier this year to serve adults exiting homelessness. The building is made up of 256 studio apartments, making it San Francisco’s largest PSH site. Of the 256 units for formerly homeless adults, 103 units will be reserved for individuals over the age of 55.
This project is the result of a collaboration between the Mayor’s Office of Housing and Community Development (MOHCD), the San Francisco Department of Public Health (SFDPH), the Department of Homelessness and Supportive Housing (HSH), Mercy Housing California, and Episcopal Community Services (ECS). The building was funded with City and State funds.
The supportive housing at 1064 Mission Street will include on-site services, programs, and amenities, including:
• on-site nursing and primary care, provided by the St. Anthony Foundation
• in-home supportive services for individuals with disabilities, operated by Homebridge
• a 6,000-square-foot commercial kitchen run by ECS’s social enterprise program, Conquering Homelessness through Employment in Food Services (CHEFS)
• community open space, open to the public five days per week
The above information was sourced from the Mayor’s Press Office.
neighborhood is still recovering. Yearend pricing levels for Downtown properties are well below average, and they are a factor in the reported data. Downtown’s housing stock consists of larger buildings; it is rare to see a 5-9-unit building in this section of San Francisco. Subsequently, the lower value indicators of Downtown sales are not affecting data points in the 5-9-unit sector.
Ways to Connect.
to have your questions and concerns promptly addressed, or call the office at 415-255-2288. You can also 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 Twitter at twitter.com/SFAptAssoc
• New sfaa.org website launched!
• Email SFAA at MemberQuestions@sfaa.org
• Follow SFAA on Twitter at twitter.com/SFAptAssoc
Over the past decade, many Downtown buildings were purchased by institutional investors who are now facing many challenges in current market conditions. The Downtown sector has vacancy rates above the norm, with rents still below pre-pandemic levels. These factors coupled with rising interest rates and maturing loans are stressing various portfolios, and loan defaults are in the news. Various reports are estimating close to $1 billion in current loan defaults in the multi-family sector of San Francisco. There are many different possible scenarios in regard to how this situation will unfold, and only time will tell how this all plays out.
I am writing this article in mid-January of 2023. I am expecting somewhat-quiet transaction levels in the first quarter, which is typical in our marketplace. Many investors are preoccupied with tax season before they get rolling into the market.
Sale inventory was low in the fourth quarter of 2022, and it remained low in the start of 2023. There is an air of caution in the market as interest rates doubled over the last six months, layoffs have spiked, and a recession is upon us, or nearing, depending on which definition of recession you want to reference.
There’s another Fed meeting at the end of February, and experts are expecting another quarter-point rise, which at this point seems like good news when compared to recent three-quarter point hikes. Industry-wide, the hope is that we’re nearing the end of rate hikes,
2023 Winter CCRM Webinar Series Schedule &
Upon registration the Zoom link will be emailed to the student Class is every Tuesday
To Register Online: www.sfaa.org Call: 415-255-2288 x.110 Email: maria@sfaa.org
Information: o Credit Card o Mailing Check o Series Invoicing (members only benefit)
Credit card number: Exp. Date Signature: Name printed:
Cancellation Policy: Cancellations must be made 72 hours in advance for a refund SFAA does not provide refunds for No-Shows. Non-members must pay by credit card only!!!
*Students requesting CalBRE Continuing Education Credits must show picture ID, immediately before admittance to the live offering.
CCRM Certification Renewal Policy: In order to keep the certification active, CCRMs must complete twelve hours of continuing education credits & submit a renewal application along with a renewal fee every other year (2 hours of these credits must be in Fair Housing)
2023 Spring CCRM Webinar Series Schedule &
Upon registration the Zoom link will be emailed to the student Class is every Thursday
Attendee Information:
To Register
Online: www.sfaa.org
Call: 415-255-2288 x.113 Email: stephanie@sfaa.org
(includes 9th Edition Managing Rental Housing textbook, CCRM binder and Welcome Packet; does not include the $75 CCRM application fee)
Company Name:
City:
Phone: Fax:
Local Association ID Number: Payment Information: o Credit Card o Mailing Check o Series Invoicing (members only benefit)
Credit card number: Exp. Date
Signature: Name printed:
Cancellation Policy: Cancellations must be made 72 hours in advance for a refund SFAA does not provide refunds for No-Shows. Non-members must pay by credit card only!!!
*Students requesting CalBRE Continuing Education Credits must show picture ID, immediately before admittance to the live offe ring.
CCRM Certification Renewal Policy: In order to keep the certification active, CCRMs must complete twelve hours of continuing education credits & submit a renewal application along with a renewal fee every other year (2 hours of these credits must be in Fair Ho using)
BECOME AN AMBASSADOR FOR SAN FRANCISCO
WELCOME AMBASSADORS PROGRAM
The San Francisco Welcome Ambassadors Program is a two-year City-funded program to help welcome meeting and convention attendees, commuters, and visitors back to San Francisco. In addition to offering a friendly greeting, they’re here to answer questions and report any incidents of negative street behavior or conditions.
Welcome Ambassadors help with directions, restaurant recommendations, public transportation, and translation requests. If you see an ambassador in an orange uniform, stop and say hello! The team can also be seen assisting with local events, helping cruise ship passengers in transit, and guiding convention visitors around town.
The program was officially launched in November 2021 and operates seven days per week. Hours vary based on location and day of the week, generally between 8:00 a.m. to 8:00 p.m.
COMMUNITY AMBASSADORS PROGRAM
The Community Ambassadors Program (CAP) is a community safety and neighborhood engagement program in San Francisco. Community Ambassadors engage, inform, and assist the San Francisco community. CAP also provides a visible, non-law enforcement safety presence in several neighborhoods. This focus on community safety helps build trust, calm tensions, and prevent violence.
Community Ambassadors provide safety escorts, report emergencies, report hazards, conduct wellness checks, provide social services referrals, and conduct outreach.
Applications to be a Community Ambassador are accepted on a rolling basis at sf.gov/ambassadorapply.
and that
soon see rates stabilizing and decreasing.
Rental agents are reporting a vibrant rental market for the general marketplace, except for the Downtown corridor and SOMA. The recent layoffs do not seem to be impacting rents as people continue to return to the city.
If you may be looking for additional details and or like to share any comments, please reach out to me at your convenience: Jay Greenberg, jayhgreenberg@apr.com.
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Check Out What’s New at SFAA!
The San Francisco Apartment Association is your rental housing resource. SFAA has been working round-the-clock educating, advocating for, and supporting the rental housing community so that its members operate ethically and fairly.
1. SFAA’s New and Improved Website Is Live!
Our new website makes it easier than ever to access the information, market surveys, education, and forms you need to manage your rental properties. The streamlined website allows SFAA members to quickly sign up for classes, access preferred vendors, and get legislative updates. Go to sfaa.org today!
2. SF Apartment Magazine is Now Available Digitally!
The official publication of SFAA, SF Apartment Magazine reaches approximately 6,000 readers in print each month. Now that the publication is accessible digitally, members can access the invaluable content from anywhere—and advertisers have an even broader reach. Go to sfaa.org/magazine today!
Interested in advertising?
Your ad will appear in the feature-length magazine, alongside articles written by San Francisco’s top landlord attorneys, industry professionals, and small rental property owners. With a readership of rental property owners and industry professionals, your ad will reach the right targeted audience to grow your business.
sfaa
sfaa2023calendar
March
THURSDAY, MARCH 2
Holding Deposits Webinar
Zoom Webinar System
10:00 a.m. to 11:00 a.m.
Members $45 Non Members $65
WEDNESDAY, MARCH 15
In-Person Fair Housing Class
Fort MasonCenter
General’s Residence
1 Fort Mason Center
1:00 p.m. to 3:00 p.m.
Members $85 Non Members $100
TUESDAY, MARCH 21
Liability Protection
Before & After Webinar
Zoom Webinar System
1:00 p.m. to 2:30 p.m.
Members $45 Non Members $65
MONDAY, MARCH 6
Board of Directors Mtg.
11:30 a.m.
THURSDAY, MARCH 9
Offers, Concessions, ADA & Section 8 Webinar
Zoom Webinar System
10:00 a.m. to 11:00 a.m.
Members $45 Non Members $65
TUESDAY, MARCH 14
Nuisance Issues Webinar
Zoom Webinar System
1:00 p.m. to 2:00 p.m.
Members $45 Non Members $65
WEDNESDAY, MARCH 15
In-Person Member Meeting
Fort MasonCenter
General’s Residence
1 Fort Mason Center 5:00 p.m. to 7:00 pm
THURSDAY, MARCH 23
Notice of Acceptance, Conditional and Denial Webinar
Zoom Webinar System
10:00 a.m. to 11:00 a.m.
Members $45 Non Members $65
THURSDAY, MARCH 16
Application Verification/ Credit Screening Webinar
Zoom Webinar System
10:00 a.m. to 11:00 a.m.
Members $45 Non Members $65
THURSDAY, MARCH 30
Lease Review Webinar
Zoom Webinar System
10:00 a.m. to 11:00 a.m.
Members $45 Non Members $65
April
MONDAY, APRIL 3
Board of Directors Mtg. 11:30 a.m.
THURSDAY, APRIL 6
Addenda Process Webinar Zoom Webinar System
10:00 a.m. to 11:00 a.m.
Members $45 Non Members $65
WEDNESDAY, APRIL 12
Getting the Most Out of Your Technology Intellirent Webinar Zoom Webinar System
2:00 p.m. to 3:00 p.m.
FREE for SFAA Members
THURSDAY, MARCH 16
Application Verification & Credit Screening
Zoom Webinar System
10:00 a.m. to 11:00 a.m.
Members $45 Non Members $65
FRIDAY, MARCH 30
Costa Hawkins Webinar
Zoom Webinar System
2:00 p.m. to 3:00 p.m.
Members $45 Non Members $65
WEDNESDAY, APRIL 19
Virtual Member Meeting
Live Legal Panel
WEDNESDAY, APRIL 19
Rodents-Keeping Those
Unwanted Guests Out Webinar
Zoom Webinar System
1:00 p.m. to 2:00 p.m.
Members $45 Non Members $65
THURSDAY, APRIL 20
Hoarding Webinar Zoom Webinar System
10:00 a.m. to 11:00 a.m.
Members $45 Non Members $65
THURSDAY, APRIL 13
Executing Lease & Move-in Checklist Webinar
Zoom Webinar System
10:00 a.m. to 11:00 a.m.
Members $45 Non Members $65
WEDNESDAY, APRIL 26
Asset Protection Open Forum Webinar
Zoom Webinar System
10:00 a.m. to 11:00 a.m.
Members $45 Non Members $65
THURSDAY, APRIL 27
Noise Complaints Webinar
Zoom Webinar System
10:00 a.m. to 11:00 a.m.
Members $45 Non Members $65
SFAA office will be closed March 31st in observance of Cesar Chavez Day.
MARK YOUR CALENDARS FOR THE FIRST IN-PERSON MEETING: MARCH 15, 2023.
SAN FRANCISCO’S RENT BOARD FEE $29.50
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
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 3/1/23 through 2/29/24 are listed below:
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.
ALLOWABLE RENT INCREASES
2023 - 2024: 3.6%
Effective March 1, 2022, through February 28, 2023, the allowable annual rent increase is 2.3 %. 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.
2006-2007 $11.00
2005-2006 $10.00
2004-2005 $11.00
CONTACT THE SAN FRANCISCO RENT BOARD FOR MORE INFORMATION
415-252-4600 sfgov.org/rentboard
SFAA Professional Services Directory
1031 TAX DEFERRED EXCHANGE
SERVICES
LAWYERS EQUITY EXCHANGE
Brian Fogarty 415-701-1234 www.lex1031.com
SEQUENT
Eric Scaff 415-834-1031 sequent-rewm.com escaff@sequent-rewm.com
ACCOUNTANTS
SHWIFF, LEVY & POLO LLP
Elizabeth Shwiff 415-291-8600 x232 www.slpconsults.com
ALARM COMPANY
AEC ALARMS
Yat-Cheong Au 408-298-8888 Ext: 188 sales@aec-alarms.com
ARCHITECTURE
OPENSCOPE STUDIO ARCHITECTS
Mark Hogan 415-891-0954 yatcheong@aec-alarms.com
Q ARCHITECTURE
Dawn Ma 415-695-2700 www.que-arch.com
ASSOCIATIONS
PROFESSIONAL PROPERTY MANAGEMENT ASSOCIATION
Renee A. Engelen www.ppmaofsf.org renee@hrhrealestate.com
ATTORNEYS
BARTH CALDERON, LLP
Paul Hitchcock 415-577-4685 Paul@barthattorneys.com
BORNSTEIN LAW
Daniel Bornstein, Esq. 415-409-7611 www.bornstein.law
CHONG LAW
Dolores Chong 415-437-7807 chongdolores@earthlink.net
DOWLING & MARQUEZ, LLP
Jak S. Marquez 415-977-0444 x232 www.dowlingmarquez.com
FRANK KIM ESQ., EVICTION ASSISTANCE
Jo Biel 415-752-6070
KIMBALL, TIREY & ST. JOHN LLP
Kelli Dodson 800-525-1690 kelli.dodson@kts-law.com www.kts-law.com
FRIED, WILLIAMS & GRICE CONNOR
Clifford E. Fried 415-421-0100 www.friedwilliams.com
HERZIG & BERLESE
Barbara Herzig 415-861-8800 bherzig@hbcondolaw.com
ILENE M. HOCHSTEIN, ATTORNEY AT LAW
Ilene Hochstein 650-877-8288 ilene@hochsteinlaw.net
KAUFMAN, DOLOWICH, VOLUCK
Ashley Klein 415-926-7612 aklein@kdvlaw.com
LAW OFFICES OF DENISE A. LEADBETTER
Denise Leadbetter 415-713-8680 www.leadbetterlaw.com
LAW OFFICE OF MICHAEL HEATH
Michael Heath 415-931-4207 Mheath_law@sbcglobal.net
LAW OFFICE OF EDWARD KAIGH, PC
Edward Kaigh 917-406-6063 edward@kaighlaw.com
LAW OFFICES OF SCOTT T. OKAMOTO
Scott T. Okamoto 415-766-5871 www.scottokamotolaw.com
LAW OFFICE OF JULIANA E. PISANI
Juliana Pisani 415-800-7562 Juliana@jpisanilaw.com
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
LORBER, GREENFIELD & POLITO, LLP
Wakako Uritani 415-986-0688 wuritani@lorberlaw.com
MASTROMONACO REAL PROPERTY
LAW GROUP
Leonard Mastromonaco 415-354-2702 len@mastrolawgroup.com
MCLAUGHLIN SANCHEZ, LLP
Michael McLaughlin 415-655-9753 www.msllp.law
NIVEN & SMITH
Leo M. LaRocca 415-981-5451
leo@nivensmith.com
REUBEN, JUNIUS & ROSE, LLP
Kevin Rose 415-567-9000
www.reubenlaw.com
SHEPPARD-UZIEL LAW FIRM
Jaime Uziel 415-296-0900
ju@sheppardlaw.com
STEVEN ADAIR MACDONALD & ASSOCIATES, PC
Steven Adair MacDonald 415-956-6488
www.samlaw.net
sam@samlaw.net
WASSERMAN
Dave Wasserman 415-567-9600
Dave@wassermanoffices.com
www.davewassermansf.com
WIEGEL LAW GROUP
Andrew J. Wiegel 415-552-8230
www.wiegellawgroup.com
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
CROWN & SHIELD PEST
SOLUTIONS-PREMIER
Aurora Garcia-Vidaca 415-893-9551
www.crownandshieldpestsolutions.com
PREMIER CANINE DETECTION
Jordan Garcia 415-612-6645
www.premiercaninedectection.com
COMMERCIAL/RETAIL LEASING SERVICES
BLATTEIS REALTY CO.
David Blatteis 415-981-2844
www.sfretail.net
CONSULTANTS: PERMITS & PLANNING
EDRINGTON AND ASSOCIATES
Steven Edrington 510-749-4880
steve@edringtonandassociates.com
CONTRACTORS
DECK & BALCONY INSPECTIONS, INC.
Dan Cronk 916-548-6943
dan@deckandbalconyinspections.com
CORPORATE RENTALS
AMSI
Robb Fleischer 415-447-2020
www.amsires.com
CREDIT REPORTING
INTELLIRENT
Cassandra Joachim 415-849-4400
www.myintellirent.com
DRAIN SERVICES
PRIBUSS ENGINEERING, INC.
Selina Pribuss 650-588-0447 selina.p@pribuss.com www.pribuss.com
EMERGENCY SERVICES
THE GREENSPAN CO./ ADJUSTERS INTERNATIONAL
Rebecca Holloway 707-540-5584 rebecca@greenspan-ai.com
ENERGY SERVICES
ARMADA POWER
VALET LIVING
Briana Sellers 813-613-5073 briana.sellers@valetliving.com www.valetliving.com
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
COMMERCIAL COVERAGE INSURANCE AGENCY
PACKAGE SERVICE
FETCH
Dan Beary 978-503-9540
dbeary@fetchpackage.com
PAINTING CONTRACTORS
KRUITPAINTING, INC.
Pieter Kruit 415-254-7818
www.kruitpainting.com
PAC WEST PAINTING INC.
Brian Beaulieu 415-457-0724
www.pacwestpaintinginc.com
PETERS PAINTING SERVICES
Peter Pantazelos 415-647-4722
David Myers
614-918-7493 dmyers@armadapower.com
ENVIRONMENTAL CONSULTING
P.W. STEPHENS ENVIRONMENTAL
Sheri Buenz 510-651-9506 sherib@pwsei.com
FIRE ESCAPE INSPECTION & MAINTENANCE
ESCAPE ARTISTS
Ben Maxon 415-279-6113 www.sfescapeartists.com
GREAT ESCAPE SERVICES
Terry Walsh 415-566-1479 www.greatescapeservice.com
FIRE PROTECTION CONTRACTORS
AEC ALARMS
628-208-0188 SFfire@aec-alarms.com
BATTALION ONE FIRE PROTECTION
Tim Morse 510-653-8075 www.battaliononefire.com
COMMERCIAL FIRE PROTECTION, INC.
Laine Sims 925-300-9534 www.fireprotected.com
EMERGENCY SYSTEMS, INC.
Eric Hagerman 415-564-0400 esmfire@earthlink.net
PRIBUSS ENGINEERING, INC.
Selina Pribuss 650-588-0447 selina.p@pribuss.com www.pribuss.com
FLOORING
DECK & BALCONY INSPECTIONS, INC
Dan Cronk 916-548-6943 dan@deckandbalconyinspections.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
Paul Tradelius 415-436-9800 www.comcov.com
GORDON ASSOCIATES INSURANCE
SERVICES
Dave Gordon, CLU 650-654-5555x6972 David.gordon@gordoninsurance.com
INTERNET SERVICES PROVIDERS
COMCAST/XFINITY
Michael Juliano 925-495-9922 www.xfinity.com
LENDING / FINANCIAL SERVICES
FIRST FOUNDATION BANK
Michelle Li 415-794-2176 www.ff-inc.com
LENDING / FULL SERVICE BANKS
LUTHER BURBANK SAVINGS
Gabriel Basso 510-601-2400 www.lutherburbanksavings.com
LENDING / INSTITUTIONS
CHASE COMMERCIAL TERM LENDING
Sharon Groenendyk 415-315-8464 www.chase.com/commercialbanking
LOCKSMITHS
CROWN LOCK & HARDWARE
Joe Schoepp 415-221-9086
MAINTENANCE REPAIR SERVICE
MAVEN MAINTENANCE, INC.
Craig Lipton 415-829-2207 www.mavenmaintenance.com
OGREENA
Christopher Sheilds 510-899-0238
jenniferbenassi@ogreena.com
WEST COAST PROPERTY MANAGEMENT
Joseph Keng 415-885-6970 ext. 101 www.wcpm.com
MEDIATION
THE BAR ASSOCIATION OF SAN FRANCISCO CONFLICT INTERVENTION SERVICE
Scott Goering 415-782-8940 sgoering@sfbar.org
www.peterspainting.com
TARA PRO PAINTING INC.
Brian Layden 415-822-2011
www.tarapropainting.com
PAINTING SUPPLIES
DUNN-EDWARDS PAINTS
Daniela Franco 415-656-9951 daniela.franco@dunnedwards.com
PEST CONTROL
ATCO PEST & TERMITE CONTROL & HOME RESTORATION
Richard Estrada 415-898-2282 www.atcopestcontrol.com
CROWN & SHIELD PEST SOLUTIONS-PREMIER
Aurora Garcia-Vidaca 415-893-9551 www.crownandshieldpestsolutions.com
PLUMBING & HEATING
C.R. REICHEL ENGINEERING CO. INC.
Tim Lordier 415-431-7100 www.crreichel.com
PRIBUSS ENGINEERING, INC.
Selina Pribuss 650-588-0447 selina.p@pribuss.com www.pribuss.com
R & L PLUMBING
Larry Bustillos 415- 651-4977 larry@rl.plumbing www.rlplumbingsanfrancisco.com
URGENT ROOTER AND PLUMBING INC.
Albert Lee 415-387-8163 urgentrtr@sbcglobal.net
PROJECT MANAGEMENT
MELGAR REAL ESTATE SERVICES
Suzy Melgar 650-745-8186 info@mresbayareahomes.com
PROPERTY MANAGEMENT
2B LIVING
Brooks Baskin 650-763-8552 brooks@twobliving.com www.twobliving.com
ABACUS PROPERTY MANAGEMENT
Timothy Cannon 415-841-2105 tim@sanfranrealestate.com www.abacuspropertymanagement.com
ADVENT PROPERTIES, INC.
Benjamin Scott, CCRM 510-289-1184
www.adventpropertiesinc.com
ALEXANDERSON PROPERTIES
Eric Alexanderson 415-285-3737 www.alexandersonproperties.com
AMORE REAL ESTATE, INC
Jerry Hsieh 415-567-4800 www.amoresf.com
ANCHOR REALTY
Mark Campana 415-621-2700 mark@anchorealtyinc.com www.anchorealtyinc.com
ARTAL PROPERTIES
John Artal 415-647-4400 artalproperties@gmail.com www.artalproperties.com
BARBAGELATA REAL ESTATE COMPANY
Paul Barbagelata 415-566-1112 paulb@realestatesf.com adminteam@realestate.com
BAY PROPERTY GROUP
Anna Katz 510-836-0110 anna@baypropertygroup.com www.baypropertygroup.com
BAYVIEW PROPERTY MANAGERS
James Blanding 415-822-8793 xt.4 bayview60@comcast.net www.bayviewpropertymanagers.com
BEAM PROPERTIES, INC.
Darius Chan 415-254-8679 darius@sfbeam.com
BLVD RESIDENTIAL
Debbie Brackett 650-328-5050 dbrackett@blvdresidential.com www.blvdresidential.com
BROOKFIELD PROPERTY GROUPPRESIDIO LANDMARK
Jon King 855-327-5376 jon.king@brookfieldproperties.com
CITYWIDE PROPERTY MANAGEMENT
Carol Cosgrove 415-552-7300 www.citywidesf.com
DEWOLF REALTY CO. INC.
William A. Talmage 415-221-2032 www.dewolfsf.com
EBALDC
Felicia Scruggs 510-287-5353 FScruggs@ebaldc.org
Property Management Members
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.
ADVENT PROPERTIES, INC.
Benjamin Scott, CCRM 510-289-1184 www.adventpropertiesinc.com
AMSI
Robb Fleischer 415-447-2020 www.amsires.com
CECCHINI REALTY CO.
Dante Cecchini, CCRM 415-550-8855 www.cecchinirealty.com
CITYWIDE PROPERTY MANAGEMENT
Carol Cosgrove 415-552-7300 www.citywidesf.com
DEWOLF
William Talmage 415-221-2032 www.dewolfsf.com
GAETANI REAL ESTATE
Paul Gaetani 415-668-1202 www.gaetanirealestate.com
GREENTREE PROPERTY MANAGEMENT 415-828-8757 www.greentreepmco.com
HRH REAL ESTATE SERVICES CORPORATION
Renee A. Engelen (415) 810-6020 www.hrhrealestate.com
J. WAVRO PROPERTY MANAGEMENT
James Wavro 415-509-3456 www.jwavro.com
LINGSCH REALTY
Natalie M. Drees 415-648-1516 www.lingschrealty.com
PAUL LANGLEY COMPANY
Misha Langley 415-431-9104 x 301 misha@plco.net
PONTAR REAL ESTATE
Merri Pontar 415-421-2877 www.pontarrealestate.com
PROGRESSIVE PROPERTY GROUP
Dace Dislere & Joe Gillach 415-515-4329
PROPERTY MANAGEMENT SYSTEMS
Michelle L. Horneff-Cohen 415-661-3860 www.propertymanagementsystems.net
REAL MANAGEMENT COMPANY
J.J. Panzer 415-821-3167 www.RMCsf.com
S&L REALTY
Robert Link 415-386-3111 www.slrealty-sf.com
STRUCTURE PROPERTIES
Corey Eckert 415-794-0064 www.structureproperties.com
SUTRO PROPERTY MANAGEMENT, INC.
Salman Shariat 415-341-8774 www.sutroproperties.com
VERTEX PROPERTY GROUP
Craig Berendt 415-608-3050 vertexsf.com
WEST & PRASZKER REALTORS
Michael Klestoff 415-661-5300 www.wprealtors.com
WEST COAST PROPERTY MANAGEMENT
Eric Andresen 415-885-6970 www.wcpm.com
VESTA ASSET MANAGEMENT
Paul Griffiths 415-360-9292 x 1 paul@vesta-assetmanagement.com
GAETANI REAL ESTATE
Paul Gaetani 415-668-1202
www.gaetanirealestate.com
GEORGE GOODWIN REALTY, INC.
Chris Galassi 415-681-1265 www.goodwin-realty.com
GREENTREE PROPERTY MANAGEMENT
Scott Moore 415-828-8757 www.greentreepmco.com
GM GREEN REAL ESTATE INC.
George Green 415-608-6485 ggreen@gmgreen.com www.gmgreen.com
GORDON CLIFFORD PROPERTIES, INC.
Patrick Clifford 415-613-7694 patrick@gcpropertiessf.com
HOGAN & VEST INC.
Simon Wong 415-421-7116 hoganvest.com
HRH REAL ESTATE SERVICES CORPORATION
Renee A. Engelen 415-810-6020 www.hrhrealestate.com
INCOME PROPERTY SPECIALISTS
Clayton Llewellyn 408-446-0848 www.ipsmanagement.cc
JACKSON GROUP
PROPERTY MANGEMENT, INC.
Raymond Scarabosio 415-608-8300 ray@jacksongroup.net
JAMES D. MULLIN REAL ESTATE BROKER
James D. Mullin 415-470-0450 jamesdmullinre@gmail.com
JD MANAGEMENT GROUP, INC.
Jonathan Davis 510-387-7792 jonathan.davis@jdmginc.com
LEGACY PTLA LLC
Brent Mustin 510-352-6310
LINGSCH REALTY
Natalie M. Dress 415-648-1516 www.lingschrealty.com
MERIDIAN MANAGEMENT GROUP
Randall Chapman 415-434-9700 www.mmgprop.com
MLCSPACES, INC.
Naeem Farhokhnia 415-273-9861 naeem@mlcspaces.com
MYND MANAGEMENT, INC.
Stacy Winship 510-306-4440 www.mynd.co
NEW GENERATION INVESTMENTS
Jonathan Ng 415-735-8233 jtng.ngi@gmail.com
OPEN WORLD PROPERTIES
Jonathan Daryl Fleming 510-250-0946 jonathan@openworldproperties.com www.Openworldproperties.Com
PAUL LANGLEY COMPANY
Misha Langley 415-431-9104 x 301 misha@plco.net
PILLAR CAPITAL REAL ESTATE
Jonathan Ng 415-885-9584 jonathan@thepillarcapital.com
PONTAR REAL ESTATE
Merri Pontar 415-421-2877 www.pontarrealestate.com
PRIME METROPOLIS PROPERTIES, INC.
Tom Chan 415-731-0303 tomchan@pmp1988.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
ROCKAWAY RESIDENTIAL MANAGEMENT
Kristine Abbey 650-290-3084 www.rockawayresidential.com
ROCKWELL PROPERTIES
Mark Kaplan 415-398-2400 propertymanagement@rockwellproperties.com
RNB PROPERTY MANAGEMENTGOLDEN GATE
Kaveh Gorgani 415-413-3827 kaveh@rnbemail.com www.rnbgoldengate.com
SHAREVEST PROPERTY MANAGEMENT, LLC
Timothy D. Gilmartin 650-347-2020 tim@thegilmartins.com
SIGNATURE REALTY PROPERTY MANAGEMENT
Paul Montalvo 650-364-3167 paul@paulmontalvo.com
SIERRA PROPERTY PROFESSIONALS
Sonali Herrera sierrappinc@gmail.com
SKYLINE PMG, INC.
Nicholas Bowers 415-968-9903 Nicholas@skylinepmg.com
STRUCTURE PROPERTIES
PROPERTY MANAGEMENT
SOFTWARE
APPFOLIO
Mindy Sorenson 888-700-8299 mindy.sorenson@appfolio,com
HEMLANE, INC.
Dana Dunford 385-355-4361 dana@hemlane.com
PROPERTY ATLAS
Serina Calhoun 415-922-0200 serina@mypropertyatlas.com
YARDI
Kelly Krier 805-699-2040 kelly.krier@yardi.com
REAL ESTATE APPRAISALS
MARK WATTS COMMERCIAL APPRAISAL
Mark Watts 415-990-0025 www.markwattscommercialappraisal.com
REAL ESTATE BROKERS & AGENTS
BERKSHIRE HATHAWAY
FRANCISCAN PROPERTIES
Edward Milestone 415-994-5969 MilestoneRealEstateSF@gmail.com
BIG TREE PROPERTIES
Evan Matteo 415-305-4931 evan@bigtreeproperties.com
CHUCK & ASSOCIATES
Kevin Chuck 415-595-5832 chuckassoc@gmail.com
COLDWELL BANKER COMMERCIAL NRT
Steven Caravelli 415-229-1367 steven.caravelli@cbnorcal.com
COLLIERS INTERNATIONAL- JAMES DEVINCENTI
James Devincenti 415-288-7848 www.THEDLTEAM.com
COLLIERS INTERNATIONAL
FERRIGNO REAL ESTATE
Chris Ferrigno 415-641-0661
www.ferrignorealestate.com
HRH REAL ESTATE SERVICES CORPORATION
Renee A. Engelen 415-810-6020
www.hrhrealestate.com
ICON REAL ESTATE INC.
Jason Quashnofsky 415-370-7077 jason@iconsf.com
KENNEY & EVEREST REAL ESTATE, INC.
Everest Mwamba 415-902-3411 maureen@kenneyrealestate.com
KILBY STENKAMP-VANGUARD PROPERTIES
Kilby Stenkamp 415-370-7582
LESLIE BURNLEY
Leslie Burnley 415-717-8709 leslie.j.burnley@gmail.com leslieburnley.com
MARCUS & MILLICHAP
Sanford Skeie 415-625-2153 www.marcusmillichap.com
MAVEN PROPERTIES
Matthew Sheridan matt@mavenproperties.com
MORGAN REAL ESTATE ADVISORS, INC.
Laurence Morgan 415-300-6503 laurence@morganrealestateadvisor.com www.morganrealestateadvisor.com
S&L REALTY
Robert Link 415-386-3111 www.slrealty-sf.com
STEELE PROPERTIES
Ryan Steele 415-881-7762 ryan@steeleproperties.com www.steeleproperties.com
WEST & PRASZKER REALTORS
Michael Klestoff 415-312-2245 klestoffmre@aol.com
VANGUARD COMMERCIAL
Corey Eckert
415-794-0064 www.structureproperties.com
SUTRO PROPERTY MANAGEMENT, INC.
Salman Shariat 415-341-8774 www.SutroProperties.com
W. PROPERTY MANAGEMENT
Gary Petrison 707-545-6187 gary@wpropertymanagement.com
WEST COAST PROPERTY MANAGEMENT
Eric Andresen 415-885-6970 www.wcpm.com
WEST & PRASZKER REALTORS
Michael Klestoff 415-699-3266 www.wprealtors.com
VERTEX PROPERTIESS
Craig Berendt 415-608-3050 craig.berendt@gmail.com
YMPG
Yelena Gelzer 415-260-6325 yglezer@ympg-management.com
Payam Nejad 415-288-7872 www.colliers.com/payam.nejad
COMPASS
Tim Johnson 415-710-9000 tim.johnson@compass.com www.timjohnsonsf.com
COMPASS COMMERCIAL BROKERAGE
John Antonini 415-794-9510 john@antoninisf.com
COMPASS COMMERCIAL BROKERAGE
Chris J. Connor chris.oconnor@compass.com
COMPASS COMMERCIAL BROKERAGE
Adam Filly 415-516-9843 adam@adamfilly.com
COMPASS COMMERCIAL BROKERAGE
Jay Greenberg 415-378-6755 jay@jayhgreenberg.com
COMPASS COMMERCIAL
Mirella Webb 415-640-4133 mirella.webb@compass.com
CORCORAN GLOBAL LIVING COMMERCIAL
Terrence Jones 415-786-2216 terrence@terrencejonesSF.com www.terrencejones.com
Allison Chapleau 415-516-0648 allison@allisonchapleau.com www.allisonchapleau.com
VANGUARD PROPERTIES
Dimitris Drolapas 415-531-9659 dd@vanguardsf.com
REAL ESTATE INVESTMENTS
CITY REAL ESTATE
Arthur Tom 415-987-6788 art@cityrealestatesf.com cityrealestatesf.com
COMPASS COMMERCIAL BROKERAGE
Trigg Splenda 415-593-8616
KENNEY & EVEREST REAL ESTATE, INC.
Everest Mwamba 415-902-3411 maureen@kenneyrealestate.com
MARCUS MILLICHAP
Clinton C. Textor III 415-425-9123 www.marcusmillichap.com
REFINISHING / RESURFACING SERVICE
MIRACLE METHOD OF SAN FRANCISCO NORTH
Jamie Munoz 415-673-4211
MiracleMethodSFO@gmail.com www.miraclemethod.com/San-Francisco
sfaa sfaa 2023 membership application
RENT BOARD PETITIONS
PROPERTY MANAGEMENT SYSTEMS
Michelle L. Horneff-Cohen 415-661-3860 www.propertymanagementsystems.net
RENT RAISERS
Michelle Horneff-Cohen michelle@propertymanagementsystems.net
REAL MANAGEMENT COMPANY
Melinda Greene 415-230-8895 www.RMCsf.com
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.
San Francisco Apartment Association
RENT BOARD PASSTHROUGHS
Kim Boyd Bermingham 415-333-8005 www.rentboardpass.com
RENTAL LISTING SERVICES
COSTAR
Aj Herlitz 844-459-1495
www.costargroup.com aherlitz@costar.com
HRH REAL ESTATE SERVICES CORPORATION
Renee A. Engelen 415-810-6020 www.hrhrealestate.com
REALPAGE
Stacey Blackwell 972-820-3015 stacey.blackwell@realpage.com www.realpage.com
ZUMPER, INC.
Connor Hodges 949-702-1508 connor@zumper.com www.zumper.com
RESIDENTIAL LEASING
GORDON CLIFFORD PROPERTIES, INC.
PatrickClifford 415-613-7694 patrick@gcpropertiessf.com
HAMILTON FAMILY CENTER
Mayo Lunt 510-763-8540 x230 www.hamiltonfamiles.org
HRH REAL ESTATE SERVICES CORPORATION
Renee A. Engelen 415-810-6020 www.hrhrealestate.com
J. WAVRO ASSOCIATES
James Wavro 415-509-3456 www.jwavro.com
KENNEY AND EVEREST REAL ESTATE, INC.
Maureen Kenney 415-929-0717 maureen@kenneyrealestate.com
LINGSCH REALTY
Natalie M. Drees 415-648-1516 www.lingschrealty.com
RELISTO
Eric Baird 415-236-6116, x101 www.relisto.com eric@relisto.com
RENTALS IN S.F.
Jackie Tom 415-409-3263 www.rentalsinsf.com
RENTSFNOW
Stephanie Versin sversin@veritasinv.com www.rentsfnow.com
STRUCTURE PROPERTIES
Corey Eckert 415-794-0064 www.structureproperties.com
VERTEX PROPERTIES
Craig Berendt 415-608-3050 www.berendtproperties.com
ZUMPER, INC
Connor Hodges 949-702-1508 connor@zumper.com www.zumper.com
ROOFING
AGUILERA CONSTRUCTION & ROOFING
Javier Aguilera 707-495-3932 javier@aguileraco.com
SECURITY
KASTLE SYSTEMS
Michael Madisan 415-828-2157 mike.madisan@kastle.com
SECURITY DEPOSITS
THE GUARANTORS
Alexandra Nazaire 212-266-0020 alexandra.nazaire@theguarantors.com www.theguarantors.com
SEISMIC RETROFIT & STRUCTURAL ENGINEERING
BAI CONSTRUCTION
Behnam Afshar 510-595-1994, x101 www.baiconstruction.com
W. CHARLES PERRY
Charles Perry 650-638-9546 www.wcharlesperry.com
WEST COAST PREMIER CONSTRUCTION, INC. Homy Sikaroudi, PhD, PE 510-271-0950 www.wcpc-inc.com
STAFFING
BG MULTI-FAMILY
Shannon Valentino 714-654-9498 svalentino@bgmultifamily.com
SUBMETERS
LIVABLE
Daniel Sharabi 415-937-7283 www.livable.com
TENANT PLACEMENT & LISTING
CAZERIA, INC
Julia D’Antonio 415-754-5373 julia@cazeira.com
STRUCTURE PROPERTIES
Corey Eckert 415-794-0064 www.structureproperties.com
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
ad index NEED A PROFESSIONAL CONTRACTOR OR VENDOR?
Following this, the Assessment Appeals Board will schedule a date and time for your hearing.
In terms of the rate at which we are seeing appeals filed, the pre-pandemic five-year average (fiscal years 2015-2019) for new appeals filed is 1,738. We saw a marked increase in the number of appeals filed beginning in Fiscal Year 2020-2021, with 2,399 appeals filed. So far, for Fiscal Year 2022-2023, there have been over 2,550 appeals filed.
To effectively respond to the increase in appeals and fulfill our public duty efficiently and equitably, our office is prepared to shift significant resources toward this matter.
Additionally, to help manage this workload, we are proactively working with the Assessment Appeals Board to pilot new approaches to process appeals more effectively while maintaining all necessary independence between our two organizations. This will not only help us get through this peak in cases, but it will also help ensure that future peaks have less of an impact.
Property Tax Relief: Severe Weather
These recent storms are unlike anything our city has seen in decades and have caused significant hardship for many property owners. Given the impacts of this severe weather, San Franciscans should be aware they may qualify for property tax relief. The benefits of this relief will depend on the extent of the damage to your property and its effect on your current assessed valuation. Your current property taxes may be reduced for that portion of the property that has been damaged. The relief will go toward the first of the month in which the damage occurred through the time until the property is repaired.
Our staff can help you through the process from start to end. To qualify, damage to the property must be $10,000 or more, and a disaster relief form must be
HOW TO REQUEST AN ASSESSMENT REVIEW
Online submissions are preferable (sfassessor.org > Forms & Notices), but alternately you may send your request to San Francisco AssessorRecorder’s Office, Attn: Informal Review, 1 Dr. Carlton B. Goodlett Place, City Hall, Room 190, San Francisco, CA 94102. You can also fax 415-554-7915 or email InformalReviewRP@sfgov.org. Be sure to keep a copy for your records.
HOW TO REQUEST SEVERE-WEATHER
TAX RELIEF
Submit an online form (sfassessor. org > Tax Savings > Disaster Relief)
If you need assistance, call the Office of the Assessor-Recorder at 415-554-5596.
filed with the Assessor-Recorder within one year from the date of loss. For more information and how to apply, visit sfassessor.org. (For detailed instructions on how to apply for relief, turn to the sidebar on page 55).
Lastly, please do not hesitate to contact my office if you have any questions or concerns you would like to discuss. I look forward to serving you.
Written by Joaquín Torres, Assessor-Recorder for the City and County of San Francisco.Zacks, Freedman & Patterson, PC – one of the Bay Area’s leading real estate law firms – is proud to announce the addition of three new attorneys to our team.
Laura Strazzo brings broad insight into California real estate law. Her practice covers a range of real estate matters including land use, nondisclosure and boundary-line disputes, construction defects, landlord-tenant, and compliance issues. Laura also has experience in energy and environmental law.
Brian O’Neill brings extensive experience in land use and environmental law. Prior to joining the firm, Brian worked at the California Coastal Commission on permit appeals for a wide range of projects, including subdivisions, commercial and residential development, affordable housing, and infrastructure. He regularly appears before planning commissions, city councils, and other government agencies.
Robert Little’s practice focuses on real estate litigation, including challenges to local ordinances and administrative decisions, landlord/tenant disputes, property rights, and land use. Robert received a J.D. and M.B.A. dual degree from the University of Wyoming, where he focused on environmental and business law.
Landlord & Leasing Agent, A Winning
Having over 25 rental units of her own, Jackie brings rst-hand experience as a landlord to all of our Rentals In S.F. clients.
Every day, our team endeavors to nd quali ed tenants for our clients. With an expert understanding of the ever changing San Francisco rental market, we have made it our priority to ll your vacant unit quickly, e ortlessly, 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 quali ed tenant ready to move in.
Call Jackie at Rentals In S.F. to ll your vacancy. It will be one of the best calls you’ll ever make. Just ask all our clients!
* Leasing Agent of the Year
* Landlord of the Year
Over 40 years in the field of property management. Specializing in the management of challenging properties resulting from deferred maintenance, mismanagement and tenancy issues.
All product types including rent controlled multi-family, office, SFR's, condominium, retail and hospitality.
Current President of the Professional Property Managers Association of SF, a trade association which promotes excellence in property management.
Call
What You Need to Know
sfaa sfaa 2023
We encourage landlords to set their best foot forward as soon as possible to get apartments rented quickly for top dollar. Several clients have not wanted to invest in their properties and then see units sit vacant. Once they agree to make the improvements we suggested early on, the apartments tend to rent quickly without a price reduction.
We predict the market will pick up a little this summer, but we probably won’t see the usual upswing from the winter months. While employees are returning to the office, and consequently, the San Francisco rental market, this influx will likely be counterbalanced by the tech industry layoffs.
UPCOMING CLASSES
During the pandemic, the monthly SFAA member meetings and classes will be held virtually. For member meeting topics and schedules, go to www.sfaa.org. For a list of virtual SFAA classes, turn to the calendar on page 46.
SFAA OFFICE
As the SFAA continues a hybrid in-office work model, members are welcome to make an appointment. However, please refrain from coming in person if you have tested positive for, were exposed to, or have symptoms of COVID-19. The best way to have your questions answered is through email at MemberQuestions@sfaa.org.
Natalie M. Drees can be reached at ndrees@lingschrealty.com.
Nikki Resch
Leasing Manager
Gaetani Real Estate
The San Francisco rental market has gone through some interesting changes over the last few years. From “wants” to “needs,” in 2023, we are seeing many trends continue over from last year, with some new additions giving us a glimpse at what’s to come.
Just like last year, a top priority for renters is the continued need for more space. Working from home remains the norm for many, and extra space to accommodate a home office important. Whether that be an extra bedroom, extra closet, or an extra spacious living room, renters desire more space than ever before. This is also leading to less roommate situations, and we are seeing many solo renters getting their own places—many for the first time. With working from home seemingly permanent, many are not just desiring, but needing more space.
We are also seeing a steady stream of people moving or returning to San Francisco from outside the city, with more and more people coming from outside the country and state. Despite many still
working from home, there’s been an influx of renters returning to urban life— and there is once again a desire to live closer to work. Closer does not mean too close, though. Vacancies in the Nob Hill and Downtown areas are taking longer to get filled, even with lowered rents. Without the need to be in an office daily, many are choosing to live farther away from the downtown core.
Building safety and security is also a top priority for renters in 2023. As package theft remains an unfortunate issue throughout the city, renters are requesting safe and secure methods for receiving deliveries. Package theft is also a reason some people are moving away from certain buildings and neighborhoods. Prioritizing safety and security should be a top concern for building owners this year.
When it comes to filling vacancies, investing in small cosmetic improvements can really make the difference in getting units rented more quickly. With a high number of vacancies on the market, many people are taking their time to find the right place, often desiring an improved home. Whenever possible, owners should focus on small in-unit upgrades, as well as improved building amenities. Adding conveniences to properties can help them stand out or even keep up with new competition. App/card-based laundry machines, security cameras, and remote-access intercom systems are all frequent requests.
Anything an owner can do to improve the renter experience will benefit their vacancy rate overall.
Nikki Resch can be reached at nikki@ gaetanirealestate.com.
Prevent Fires.
Tape and Bag Lithium Batteries
What should you do with old lithium batteries? A big part of the answer is clear tape. Old lithium batteries may no longer have the power to run devices, but they can still release energy though their contact points. Lithium batteries that are not taped can cause fires in collection trucks and recycling facilities, and harm workers.
• Place clear tape over the contact points of used lithium batteries.
• Put taped lithium batteries in a clear plastic bag, and seal it shut.
• Place the bag on top of your landfill bin. Recology will collect the bag, sort the batteries, and safely ship them to companies that specialize in battery recycling.
Lease Review Webinar
Have questions about filling out a residential tenancy agreement? Not sure what needs to be filled out or what the tenant needs to fill out? Take a break and attend our Lease Review class.
The instructor for this class is Michelle Horneff-Cohen of Property Management Systems.
DATE & TIME: Thursday March 30, 2023 10:00am – 11:00am
COST
Members: $45
Nonmembers: $65
REGISTRATION: Contact Stephanie Alonzo at 415.255.2288 x113 or stephanie@sfaa.org
WEBINAR
Once you complete registration you will be sent a separate link to register for the Zoom system.
Holding Deposits
Never used the holding deposit form? Need help navigating the process of when you should use this form? Come and learn when and why you should use a holding deposit.
The instructor for this class is Michelle Horneff-Cohen of Property Management Systems.
DATE & TIME: Thursday March 2, 2023 10:00am – 11:00am
COST
Members: $45
Nonmembers: $65
REGISTRATION: Contact Stephanie Alonzo at 415.255.2288 x113 or stephanie@sfaa.org
WEBINAR
Once you complete registration you will be sent a separate link to register for the Zoom system.
S a n F r a n c i s c o A p a r t m e n t A s s o c i a t i o n
Landlord Expo
M u l t i - H o u s i n g E x t r a v a g a n z a
R e n t a l H o u s i n g E x p o : C l a s s e s , C o m m u n i t y & H a p p y H o u r
M a y 1 8 , 2 0 2 3 11 am - 4 pm
F o r t M a s o n C e n t e r - G a l l e r y 3 0 8
T h e F i r s t A n n u a l L a n d l o r d E x p o w i l l o f f e r a t t e n d e e s a c h a n c e
t o e n g a g e w i t h c i t y a g e n c i e s , i n d u s t r y e x p e r t s , a n d f e l l o w
r e n t a l p r o p e r t y o w n e r s t h r o u g h a p a c k e d s c h e d u l e o f
f r e e c l a s s e s a n d Q & A p a n e l s .
P a r t i c i p a t i n g I n d u s t r y P a r t n e r s
Happy Hour 4-5 pm
TO MOST PEOPLE, THIS IS JUST A TYPICAL MIDCENTURY MODERN
TO YOU, IT’S YOUR THREE KIDS’ COLLEGE EDUCATION.
We know the properties we manage mean more to owners like you than meets the eye. That’s why, for over 70 years and across three generations of our family, we’ve taken the long view -- building great working relationships as we build value. Because when it comes to taking care of your investment, we definitely see eye-to-eye.