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TRIGG SPLENDA SENIOR SALES ASSOCIATE COMPASS COMMERCIAL
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SF APA SF APARTMENT
contents
Features
20
Build to Boost by MARK HOGAN
28
Registry Refresh by ROBERT COLLINS with CHRISTINA VARNER
34
The Outsource Workforce by DANA DUNFORD
20 4
Photo courtesy of
APRIL 2022 | SF APARTMENT MAGAZINE
LU K E M U M M E R T
PARTM Columns
Membership
8
38
Change of Space
At a Price
The News
14
Surreal Estate
Legal Q&A
by VARIOUS AUTHORS
44
Just Cause and Effect
Board Report
by JUSTIN E. GOODMAN
House in Order
18
by ERIC R. ANDRESEN
50
Calendar
52
Professional Services Directory
56
Membership Application
Sacramento Report On the Block by DEBRA CARLTON & MIKE NEMETH
28
SF APARTMENT MAGAZINE | APRIL 2022
5
ANYONE CAN MANAGE YOUR PROPERTY. WE’D RATHER PROTECT YOUR INVESTMENT. Vertex Property Group is a team of experts—in leasing, maintenance, and city property regulations. So when you choose us, you get people who understand the priority: Your Bottom Line. Leasing • Management • Project Management Vertex Property Group • 545 Francisco Street • San Francisco, CA • 94133 • 415.608.3050 • Vertexsf.com
6
APRIL 2022 | SF APARTMENT MAGAZINE
magazine
SF APARTMENT
San Francisco Apartment Association Office 265 Ivy Street San Francisco, CA 94102 Tel 415-255-2288 Fax 415-255-1112
Email memberquestions@sfaa.org Web www.sfaa.org
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 Manager Maria Shea Member Services Gershay Castaneda
Accountant Crystal Wang
SFAA Officers President Chris Bricker
Vice President Robert Link Treasurer Jim Hurley
Secretary Mark Henderson
SFAA Directors Eric Andresen, Honor Bulkley, Andre Ferrigno, David Gruber,
VOLUME XXXV, NUMBER 4 APRIL 2022 Published by San Francisco Apartment Association Publisher Vanessa Khaleel Editor Pam McElroy
Art Director Jéna Safai
Production Manager Cameron Shaw Tel 415-392-3770 or 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 Jostens Printing Co. Copyright @2022 by SFAA.
Kent Mar, Neveo Mosser, J.J. Panzer, Bert Polacci, James Sangiacomo, Dave Wasserman
SF APARTMENT MAGAZINE | APRIL 2022
7
COLUMN
THE NEWS This 10-day warning does not apply to evictions based on an imminent health or safety issue or the non-payment of COVID-19 rental debt. The ordinance was written by Supervisor Preston to help make pandemicrelated eviction protections more long-term. “It’s important that we take things that have worked in our pandemic response and look at making some of them permanent,” he said. Potential Residential Vacancy Tax: Supervisor Preston is working on legisla-
Change of Space
From tenant unions to vacancy tax, read on for the list of rental housing legislation in the pipeline. Legislative Update
tion that would tax owners of vacant units in San Francisco. According to a report put out by the City’s budget and legislative analyst, the tax could impact owners of more than 40,000 vacant units. Many feel this number is largely inflated, however. Executive Director of the Housing Action Coalition Todd Da-
attend some of their meetings upon re-
vid says the number of long-term vacant
COVID-19 Tenant Protections: An ordi-
quest. The law will apply to market-rate
units in the city is closer to 8,000.
nance, sponsored by Supervisor Dean
and rent-controlled buildings with five
Preston, amending the Administrative
or more units.
The tax would be imposed on any “residential unit” in a building that is
Code to retain the local COVID-19-related eviction moratorium has passed.
A rental property owner’s failure to
unused or vacant for half a year or more
The amendment prohibits landlords
allow organizing activities or comply
(182 days)—even if it is not half a year
from evicting residential tenants for
with their obligations as to tenant as-
consecutively. The tax depends on (1)
non-payment of rent that came due on
sociations may support a petition for a
the size of the unit in square feet, (2)
or after April 1, 2022 and was not paid
rent reduction. For example, a building
what year the tax is imposed (the rates
due to the COVID-19 pandemic; and
owner must not penalize tenants for
increase year-over-year until 2026), and
prohibits landlords from imposing late
knocking on doors to gather signatures.
(3) whether the unit remains vacant for multiple years in a row. It starts at
fees, penalties, or similar charges on Supervisor Aaron Peskin, author of
$2,500/unit in 2024 for the smallest va-
the legislation, called it, “the strongest
cant unit (< 1,000 square feet) and caps
Tenant Organizing: An ordinance that
tenant organizing legislation at the mu-
out at $20,000/unit for any unit over
requires residential landlords to allow
nicipal level in the history of this state
2,000 square feet that is taxed in 2026
tenant organizing activities to occur
and country.”
or later and that was vacant the year
such tenants.
before as well.
in common areas of the building was approved unanimously by the San
10-Day Written Notice Requirement:
Francisco Board of Supervisors. Tenant
The San Francisco Board of Supervi-
Funds collected would support
associations will become official when
sors voted unanimously to require that
rental subsidies and the acquisition,
residents in at least half of the units in
rental property owners and managers
rehabilitation, and operation of
the building sign to join.
give residents a 10-day written notice
affordable housing.
and an opportunity to cure before
8
The ordinance will require certain resi-
serving certain eviction notices. After
If enough signatures are collected to
dential landlords to recognize duly-es-
receiving the notice, residents will have
support the ordinance, San Francisco
tablished tenant associations, confer in
10 days to address the problematic is-
voters will have the final say on the
good faith with said associations, and
sue to avoid eviction.
November 22 ballot.
APRIL 2022 | SF APARTMENT MAGAZINE
207-215 JERSEY ST, SAN FRANCISCO
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12 Units in Cow Hollow
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2 Units in Noe Valley
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Considering Buying or Selling a Multi-Unit Property? Allison specializes in the sale of multi-unit, mixed-use and commercial properties in San Francisco. With over 20 years of experience in selling investment properties, she can help maximize the value of your property.
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M U LT I -U NI T. MI XE D-U S E . CO M M ER CI A L.
J U ST L I STE D
SF APARTMENT MAGAZINE | APRIL 2022
9
SFAA TRADE SHOW THURSDAY, MAY 12, 2022 Mark Thursday, May 12 on your calendar for the annual SFAA trade show. The free event will take place in-person at the Fort Mason Conference Building, from 2:00 p.m. to 5:30 p.m. Attendees will learn all about the latest trends, products, and services in the multifamily housing industry. Consult with legal and management professionals, get to know service providers, improve your overall effectiveness with free educational classes, and meet peers in the San Francisco rental property market. Please note that the trade show will replace the May member meeting. For more information or to sponsor the event, email vanessa@sfaa.org or turn to page 45.
For more details on the Registry, turn to the feature article by former Rent Board Director Robert Williams and Acting Rent Board Director Christine Varner on page 28.
Intermediate Length Occupancy (ILO) deadline June 22, 2022 The Planning Code was amended in June 2020 to regulate the leasing of residential units for less than one year (ILO units). Intermediate Length Occupancy is defined as the leasing of a residential unit for a duration of more than 30 consecutive days but less than one year. The ILO program limits the number of ILO units to be permitted in the City to 1,000. Owners of eligible ILO units must submit an application no later than June 22, 2022. A residential unit will not be eligible for this
Sprinkler Requirements for Existing High-
program if it is located in a building with
Rise Buildings: Supervisor Aaron Peskin
three or fewer units, if it’s subject to the In-
has introduced legislation amending the
clusionary Affordable Housing Program, or
existing fire code that would require sprin-
if it’s in a rent-controlled building, among
kler systems in existing high-rise buildings.
other disqualifiers.
Rent Board Registry Deadline July 1, 2022
To find out if your building qualifies or to
Legislation to create a housing inventory became effective on January 18, 2021. The
apply for a permit, visit sfplanning.org.
SFAA Updates
legislation requires owners of residential
2022 Residential Tenancy Agreement:
housing units in San Francisco to report
The SFAA 2022 lease is now available in
certain information about their units to
print and online. To access the lease, visit
the Rent Board by July 1, 2022. The Rent
sfaa.org.
RHINO
Board will use this information to create and maintain a “housing inventory” of all
SFAA Office Reopening Status: While the
units in San Francisco that are subject to
SFAA office remains closed to the public,
the Rent Ordinance.
SFAA staff is working round-the-clock to keep the nonprofit running. Timely
Owners must report the information each
payment of dues is necessary to help the
year, using a form prepared by the Rent
association help you. Email MemberQues-
Board. The Rent Board is developing a
tions@sfaa.org to have your questions
website, the Rent Board Portal(“the Por-
and concerns addressed.
tal”), which owners will use to submit the required information online. Once a prop-
SFAA Classes: Classes are available
erty owner initially reports information
online. SFAA is happy to announce that
about their units, the system will maintain
current CCRM students can continue their
what has already been submitted. In future
education right from home. We under-
years, owners will only have to update the
stand keeping up with education is crucial
information when changes occur during
and want to assist our members to stay up
the year, and then again for the required
to date. See the calendar on page 50 for a
annual reporting. Eventually, the Portal will
full list of classes.
also be used for other Rent Board filings, including petitions and documents.
10
APRIL 2022 | SF APARTMENT MAGAZINE
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Adam Filly m: 415.516.9843 | adam@adamfilly.com DRE 01354775 | www.AdamFilly.com Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01527235. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed.
SF APARTMENT MAGAZINE | APRIL 2022
11
12
APRIL 2022 | SF APARTMENT MAGAZINE
DAN McGUE
S A N F R A N C I S C O ’ S L E A D I N G A PA R T M E N T B R O K E R OVER $2.8 BILLION IN TOTAL SALES!
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Dan McGue
Senior Commercial Broker Associate
Lic# 00656579 415.310.5787 | dan@danmcgue.com | www.danmcgue.com © 2019 Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports the principles of the SF APARTMENT MAGAZINE | Banker APRIL Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Real 2022 Estate LLC, dba Coldwell Banker Commercial Affiliates. Each sales representative and broker is responsible for complying with any consumer disclosure laws or regulations.
13
COLUMN
SURREAL ESTATE
Just Cause and Effect w r i t t e n b y J U S T I N E . G O O DM A N
How relevant are local regulations in guiding landlord-tenant law?
O
pants despite these prohibitions. While the amendment impaired con-
ne of the many benefits
market-rate increases when a tenant is
tracts, the Court of Appeal determined
of the SFAA community is
not. The situation became more com-
that the impairment wasn’t “substantial.”
our shared commitment
plicated when a master tenant vacated,
What difference did this make to a land-
to understanding the laws
leaving behind their subtenant. If the
lord’s ability to evict? Breaches always
that govern our industry, and incor-
sub-tenant could resist the increase,
had to be material to support the forfei-
porating them into our best practices.
they just became “tenant,” and another
ture of a tenancy. And while wanting to
Some of these laws have been on the
generation of rent control was assured.
protect vacancy decontrol is important,
books for decades, while some are new.
Landlords were forced into a proxy war
it does not, in itself, make this breach
Lately, it seems we face a new watershed
with a third party.
material. With or without the regulation, there should be compelling facts that go
change in law every year. The Rent Ordinance has always defined
to the heart of the landlord-tenant rela-
Unfortunately, local laws seem to pit
“tenant” broadly to include subtenants
tionship to pursue an eviction for sublet-
landlords against tenants as if they’re
who were approved by the landlord.
ting (like if the number of occupants
adversaries. For instance, only a ten-
Early versions of the Rent Board rules
violates the housing code).
ant may rescind a buyout agreement
advised that if a landlord responds to
(regardless of whether they are more
a repair request from a subtenant, they
While not specifically about the right to
sophisticated or wealthy than their land-
just tacitly created a tenancy (never
sublet, the appellate division of the San
lord), and if a landlord fails to timely file
mind that the request itself triggers a
Francisco Superior Court recently af-
one with the Rent Board, a tenant can
duty under the warranty of habitability,
firmed the ability of a landlord to evict
strip out the parts they don’t like and file
so a landlord can’t ignore it).
subtenants for their master tenant’s non-payment, even though they tried to
that one instead. In practice, this game-playing was a
cure the rent demand themselves. The
Do the City’s tenants need to be infan-
fight over vacancy decontrol—the abil-
court found that the landlord never ac-
tilized by regulation? Do landlords need
ity of San Francisco to maintain rent
cepted rent from (or even met) the sub-
to be observed and scrutinized? Overall,
caps on a unit once the original lessees
tenants, that state law did not require a
it depends on the particular people, but
have vacated. (The more people who
landlord to accept rent (and establish
the City propagates laws that apply gen-
live in a unit, the more people may
a landlord-tenant relationship) under
erally to all actors—good and bad alike.
usurp rent control through waiver by
these circumstances, and—more impor-
These choices can be overly punitive,
an unwary landlord.) The above rule
tantly—that she was within her rights
resulting in rigid and uncompromis-
didn’t survive the enactment of Costa-
to first offer a market rate lease before
ing practices. This column questions
Hawkins, but landlords have been
resorting to an eviction.
whether some of the more well-known
conditioned to be brusque and uncom-
regulations actually accomplish what
promising with subtenants.
To distill some principles: As always, landlords must be vigilant to avoid creat-
they purport to.
14
guarantee a specific number of occu-
The most elegant solution to this prob-
ing tenancies with subtenants, and this
Some context: Since its adoption in
lem was to strictly prohibit subletting in
firewall will allow a landlord to enforce
1979, San Francisco has protected “ten-
a lease and ignore/reject later requests.
valuable rights under pain of eviction.
ants in occupancy” from increases
However, if tenants couldn’t replace
But even when a landlord is on the
above inflation-adjusted rent levels.
their departing co-tenants, it worked a
precipice of litigating a forfeiture, she
“In occupancy” means “actually living
de facto rent increase, so San Francisco
would be wise (as this one attempted)
there,” so San Francisco has permitted
adopted the Leno amendment in 1999 to
to at least offer a new tenancy at a
APRIL 2022 | SF APARTMENT MAGAZINE
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15
©2022 Corcoran Global Living. All rights reserved. Each franchise is independently owned and operated. Corcoran Global Living fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. SF APARTMENT MAGAZINE | APRIL 2022 This is not intended as a solicitation if you’re working with another broker. Information is deemed reliable, but is not guaranteed.
decontrolled rate. (And the offer should
continued to decline (despite the persistent
be served, and a certain number of evic-
be genuine—the Court of Appeal recently
financial incentive).
tions will be litigated, regardless of market conditions and (dis)incentives.
upheld San Francisco’s “tenant harassment” provision, finding rent increases tortious if
Now, fault-based evictions did rise in
they coerce a (sub)tenant to vacate.)
tandem with the market in the first place.
To that end, the recent “ten-day cure” or-
But the sudden downward trend appears
dinance seems ill-fated—both in relevance
The trend here is that landlords are encour-
to have been prompted by a sudden jump
and lawfulness. The new ordinance re-
aged to respect the right of occupancy even
in net housing creation (which increased
quires a landlord to serve a ten-day notice
of “unapproved” subtenants. A landlord
about 50% by volume in 2013 and about
to cure a violation before the fault-based
should only resort to a fault-based eviction
80% in 2014, according to Planning De-
“just causes” apply. State law is clear that a
when their reasonable attempts to keep
partment data), not by a regulation that ar-
tenant defaulting in rent or other contract
a tenant in their unit are rejected. Limit-
bitrarily heightened the landlord’s burden
obligation gets three days to cure—not ten
ing subletting evictions is in line with the
for proving nuisance and breach. Fault-
days and then three. Other tenant faults,
policy of rent control generally (which was
based eviction notices have effectively lev-
like failure to allow access or failure to
to maintain housing costs for tenants in
eled off since then, while the net housing
renew a lease, have less of a time com-
occupancy, so long as at least some of those
production numbers continue at or above
ponent, but a landlord would be hasty to
tenants remained). Trying to evict despite
the ten-year average.
rush into court without a well-developed paper trail—one that establishes she had
these policies is difficult, and so these reguThat is, until the pandemic. For most of
no option than to ask the jurors for relief.
2020, fault-based eviction notices ceased,
Ironically, this ordinance may suggest that a
Other violations are different. Severe
except those based on imminent health
ten-day period is sufficient when landlords
breaches and nuisance often affect
and safety concerns. Yet, at the same time
might otherwise have spent more time me-
whether the rental unit is damaged or
San Francisco rents plummeted, the num-
diating the dispute.
other tenants can enjoy their housing.
ber of nuisance eviction notices was almost
The 2015 “Jane Kim amendment” sought
identical to that in 2019 and slightly above
Local regulations increasingly seek to
to elevate the standard so that breaches
the previous peak. This suggests that a
interfere with all evictions for the benefit
be “substantial” and nuisances be “severe,
certain number of fault-based evictions will
of those that shouldn’t go forward. Best
continuing or recurring in nature” before a
likely persist, regardless of the potential for
practices treat evictions as a last resort
landlord may evict.
an increase in rents on the other side.
while pursuing only those that need to go
This ordinance was again motivated by
The real deterrent is the expense of re-
major changes in the Rent Ordinance have
vacancy decontrol: Costa-Hawkins permits
taining a lawyer to litigate. Proposition F
merely tracked the practical approaches
market-rate rent following a fault-based
(2018) now provides full-scope representa-
to these problems. In the fog of the pan-
eviction, so tenants’ rights advocates view
tion to residential tenants facing eviction.
demic, San Francisco showed that it will
these evictions as a pretext for higher rent.
These days, landlords are “fighting City
seek to stop all evictions if it can, though
Landlords, though, appreciate the legal
Hall” against an annual budget that has in-
hopefully that imbalance is forever behind
costs involved and would prefer to focus
creased from approximately $6 million to
us and state law holds firm on the most im-
on their core business rather than the part-
$17 million (largely during a pandemic, no
portant limits, like vacancy decontrol and
time job of litigating.
less). Access to counsel is crucial. But the
eviction procedures.
lations simply codified best practices.
forward. But for the most part, many of the
provision of free attorneys in these cases This story can be told in many ways, but
often finds tenants “over-litigating” their
some data points are helpful. In the last
defenses. (Rather than waging a measured
business cycle following the Great Reces-
battle of attrition, this is delay and ex-
sion, average rents peaked between Q3
pense for the sake of delay and expense.)
2015 and Q2 2016 (according to data collected by Zumper). The number of fault-
Is this a deterrent to evictions? It really just
based eviction notices filed with the Rent
means that the ones who go forward are
Board, however, peaked in 2014. While
the ones who need to. It diverts question-
fault-based notices declined more than 12%
able cases to buyout negotiations (where
in 2015, the Jane Kim amendment didn’t
the conflict is resolved without a winner or
take effect until November of that year,
loser). And where pre-trial settlement isn’t
suggesting it made little difference. And
possible, it encourages landlords to thor-
while market rents continued to increase
oughly develop their case for fault-based
for the three quarters following the amend-
evictions before testing it in court. A certain
ment, the number of fault-based notices
number of fault-based eviction notices will
16
APRIL 2022 | SF APARTMENT MAGAZINE
Justin E. Goodman is with Zacks, Freedman & Patterson and can be reached at 415-956-8100.
Mike Stack
Real Estate Advisor
Call or email me today for a free & private analysis of your property’s value. 415.580.9095
mikestack@vanguardsf.com MikeStackSF.com
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901 - 903 PINE STREET
RECENTLY SOLD
36 Units in Downtown San Francisco Across the Street from the Mark Hopkins Hotel First Time on the Market in Over 25 Years Potential to Boost Income
Mark Bonn
Mirella Webb
Managing Director
Senior Investment Advisor
415.225.8658 mark.bonn@compass.com lic.: 01008844
415.640.4133 mirella.webb@compass.com lic.: 01409540 www.bonnwebbteam.com
Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01527235. All materials presented herein is intended for informational Purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any descriptions. This is not intended to solicit property already listed.
SF APARTMENT MAGAZINE | APRIL 2022
COMMERCIAL
Call us for a FREE and confidential valuation of your property or to consult about your real estate needs.
17
COLUMN
SACRAMENTO REPORT
On the Block
• The rent was unaffordable to those
w r i t t e n b y DE B R A C A R LT O N A N D M I K E N E M E T H
CAA stops two bills targeting rental housing.
of low or moderate income; • Removal of the units would not adversely affect the city’s housing supply; and
AB 845, the “Stay in Business Forever” Act
Background Information The Ellis Act was passed by the legisla-
a reasonable return on his or
The California Apartment Association
ture in 1985 to expressly prohibit a local
her investment.
(CAA) and its members have defeated
jurisdiction from enforcing local laws
a bill targeting the right of landlords to
that prevent landlords from terminating
Jerome Nash, a landlord, “became
leave the rental housing business—oth-
tenancies to remove rental housing from
disenchanted . . . with operating rental
erwise known as the Ellis Act.
the marketplace. The Ellis Act does,
housing.” Nash elected to demolish his
• The landlord could not make
however, allow jurisdictions to impose
building. When Nash realized he would
Thanks to the association members’
certain limited procedural requirements
not be granted a permit by the City to
advocacy efforts at the Capitol, Assem-
and allows for any rent control provi-
demolish his rental units, he challenged
blymember Alex Lee (D-San Jose) was
sions to apply if the owner returns the
the City’s ordinance.
not successful in moving his bill—AB
rental units to the marketplace in a juris-
854—off the Assembly Floor, rendering
diction that controls the price of rents.
Although Nash prevailed in the trial
the bill dead for 2022.
Apart from those limited requirements
court and on appeal, the California
and provisions found in the Ellis Act, the
Supreme Court found that the burdens
AB 854 would have prohibited rental
Act prohibits local ordinances that pro-
imposed on Nash’s liberty interests
housing providers from using the Ellis
hibit a landlord’s right to go out of the
were minimal and that the City’s permit
Act to terminate tenancies and exit the
rental business.
requirements were reasonably related to the City’s goal of protecting its scarce
rental market until all owners of the
rental housing supply.
property have held their ownership
The legislation came as a direct re-
interest for five years or more. It also
sponse to a California Supreme Court
would have prohibited owners from at-
decision in Nash v. City of Santa Monica.
In direct response to the Nash decision,
tempting to ever remove a second build-
In Nash, the Court considered an or-
Senator Jim Ellis introduced, and the
ing from the market.
dinance adopted in the City of Santa
Governor signed, the legislation known
Monica in the late 1970s. That ordinance
as the Ellis Act. The Act expressly pro-
Furthermore, the bill would have pre-
was adopted in response to a 15-month
vides that it is “the intent of the Legisla-
vented new owners of a rental property
period described as “Demolition Derby.”
ture to supersede any holding or portion
from using the Ellis Act to convert the
During that period, more than 1,300
of any holding in Nash v. City of Santa
property and move into it. At the same
rental units were razed and many more
Monica . . . so as to permit landlords to
time, longtime owners, including those
converted to condominiums. The city’s
go out of business.”
needing to exit the business because of
voters responded to the widespread
financial distress, would have had dif-
loss of rental units by passing a measure
Over the years, some California legisla-
ficulty selling to potential buyers who
that included a provision that required
tors have attempted to amend the Ellis
want to move into the property.
landlords to obtain a permit before they
Act. Just like with Assemblymember
could remove units from the rental hous-
Lee’s latest attempt, CAA members have
Over the past weeks, CAA members
ing stock. Permits could be issued by the
successfully stopped the most egre-
have sent thousands of emails to Assem-
city only if all of the following condi-
gious attempts to amend the law. CAA
bly members urging them to reject AB
tions were met:
stands ready to fight back any additional
854. These emails truly made a difference. The defeat of AB 854 shows how important your voice is at the Capitol.
18
APRIL 2022 | SF APARTMENT MAGAZINE
• The unit was not occupied by a person of low or moderate income;
Sacramento Report… continued on page 58
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19
Build to Boost Wr i t t e n b y
M A R K HO G A N
With creative planning and patience, ADUs bring higher rents, increase property value, and add to our housing supply. People have been talking a lot about Accessory Dwelling Units (ADUs) in California—especially since new state laws went into effect in 2020 that allow apartment owners to add additional units to properties. In San Francisco, multifamily ADUs have been legal for years and take many forms. Let’s look at a few different scenarios for adding units to an existing urban multifamily property.
Market Street ADUs Ground Floor Parking Conversion Our office added six units to a 26-unit apartment building in the Castro District by converting existing garages and storage spaces into apartments. The site is on Market Street, within view of the iconic rainbow flag at the intersection of Market and Castro. It is within walking distance from multiple bus lines and a light rail station, meaning most neighborhood residents get around by foot or public transit. When the owner bought the property, a few of the parking spaces were unused, making a conversion of this space an obvious choice. During our review, we also saw an opportunity to create outdoor open space, which would make the units on the side of the building facing a driveway more desirable. While a few people were using the garages facing Market Street, the owner was able to relocate these cars to the common garage on the other side of the building. This allowed us to build out units in the street-facing garages, each with its own front door. Private entrances in a building like this are a big selling point in the current market— after two years of the pandemic, many tenants like the idea of having their own front door and not needing to go in and out of shared elevators, lobbies, and hallways. The renovation also provided the opportunity for an upgraded secure bike storage area, which can be accessed easily on the ground floor. This is an excellent alternative to carrying bikes upstairs or in elevators.
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APRIL 2022 | SF APARTMENT MAGAZINE
The living room of an ADU in a converted carport on Union Street. Photography by Hewitt Photography.
SF APARTMENT MAGAZINE | APRIL 2022
21
Project Highlights: • The unit count of this building was boosted from 26 to 32 units. • The units facing Market Street have front doors on the sidewalk, creating a much more welcoming streetscape than the large garage doors that used to line this side of the building. • Each unit has a small planter area to buffer the windows from the street. • The two units that face what was formerly a driveway on the side of the building have shaded, landscaped patios, which potential residents find appealing. We collaborated with landscape architect Site Studio on the design of the outdoor areas. • The project improved bicycle storage for existing residents by creating a secure indoor bike parking area near the laundry room and trash facilities.
Union Street ADUs Parking Repurposed into Units Around a Shared Yard At this multifamily property on Union Street, we converted a carport and garages in the back of the building into five new units, bringing the property’s unit count from 12 to 17 units. The property had a driveway under the building, leading to a paved rear yard with additional parking spaces under the apartments, and a freestanding carport along the rear property line. Similar to the project on Market Street, there was a huge opportunity for creating modern units with individual access, and in this case, each unit was given a private patio. Because we removed the parking from the back of the building, the driveway was repurposed into an open-air passageway to the new units, and a secure trash area was built out for residents. We converted the rear carport into a duplex that offers two private one-bedroom units with skylights and outdoor space. Units like these are scarce in the Marina District, especially with new finishes and modern HVAC (including air conditioning via highly efficient mini-split heat pumps). The outdoor space was crucial to making this garage conversion a successful project. Again, working with Site Studio, we created a balance of public and private outdoor spaces as an added amenity for both existing and new residents. We separated the private patios from the rest of the courtyard by creating a slight change in grade or with strategically placed plantings. Previously a turning area for cars, the courtyard is now a vibrant outdoor space for tenants to enjoy.
Project Highlights: • By adding three units to the twelve in the front building and then adding two detached units in the existing garage, we increased the unit count from 12 to 17. • The HVAC is all-electric, with heating and cooling provided by mini-split heat pumps. This significantly reduces construction costs compared to using natural
22
APRIL 2022 | SF APARTMENT MAGAZINE
The living room of an ADU in a converted garage on Market Street. Photography by Hewitt Photography.
SF APARTMENT MAGAZINE | APRIL 2022
23
gas, and it provides higher quality temperature control for residents. • Hot water comes from the existing system in the front building and a shared electric heat pump water heater in the rear building. • Finishes are simple but high-quality: engineered wood floors, fiberglass windows, quartz counters, and tile showers.
Successful ADU Projects Over the last five years, we’ve designed hundreds of ADUs in a variety of buildings in San Francisco. The most successful projects typically have these items in common: Know what you’re getting into: If the units require large amounts of excavation or a total structural rebuild of the ground floor, this is going to increase costs. Ask your architect for feedback early in the process and talk with a knowledgeable contractor. More units equal lower costs per unit: The more units you add, the more units you have to spread over the project’s fixed costs. It’s not uncommon for small oneunit ADU projects to cost $300,000 (or more), while larger projects can come in at $200,000 or less per unit. Work with experienced professionals: Be sure that the professionals you work with (in particular, the architect, engineer, and contractor) are familiar with the challenges of multifamily ADUs and have experience working in San Francisco. There are complicated building codes and construction challenges in San Francisco, making ADU construction more challenging than a typical unit remodel or singlefamily home renovation. Plan, plan, plan: Getting the design right up-front will lead to a better finished product, which, in turn, leads to higher rents and a more valuable building. Ask your Top Two: Private patios were separated from the courtyard and street with slight grade changes or strategically placed plantings for the Union Street ADU project.
architect for 3D views of the project to understand the design better. Be ready and
Photography by Hewitt Photography. Bottom: The “before” photo of the rear building where the Union Street ADU was constructed. Photography by OpenScope Studio.
24
APRIL 2022 | SF APARTMENT MAGAZINE
Build to Boost… continued on page 64
Adding or legalizing a unit? Don't get started without the right team on your side.
AFTER
We remove doubt from the ADU process: • • • • • •
Feasibility Studies Financial Analysis Licensed Architect Inspection Services Multi-Family Specialists Rent and Eviction Control Experts
BEFORE
Visit adaptdwellings.com/sfaa today for a sample Feasibility Study and ADU Guide (510) 319-9045 info@adaptdwellings.com adaptdwellings.com/sfaa An Edrington & Associates Company Member, SFAA and CAA SF APARTMENT MAGAZINE | APRIL 2022
25
NOPA | Mixed-Use | $2,300,000
SOLD
FOR SALE
Valencia Street | 10 Units | $5,250,000 In association with Dan McGivern
SOLD
PENDING
Lower Pacific Heights | 11 Units | $4,000,000 In association with Matt Healy
Marina District | 9 Units | $4,400,000 In association with Gino Franco
Fantastic Buildings. Unique Transactions. There is a unique story for each of these properties. For detailed information on these buildings, market conditions, soft story issues, or an estimate of value for your property, please call. We look forward to speaking with you.
Offices Throughout the U.S. and Canada
26
APRIL 2022 | SF APARTMENT MAGAZINE
www.MarcusMillichap.com
Specialization • Expertise • Results
FOR SALE
Twin Peaks | 6 Units | $2,850,000
FOR SALE
Marina District | 18 Units | $13,000,000
In association with Matt Healy
In association with Gino Franco & Vince Schwab
PENDING
Outer Sunset | 37 Units | $9,950,000
FOR SALE
Marina District | 18 Units | $9,600,000
In association with Nick Bonn
In association with Gino Franco & Vince Schwab
To access the investment market, contact the market leader.
Sanford Skeie
Senior Vice President Investments National Multi Housing Group (415) 625-2153 sandy.skeie@marcusmillichap.com License: CA: 00982336
Clinton Textor
Senior Vice President Investments National Multi Housing Group (415) 625-2157 clinton.textor@marcusmillichap.com License: CA: 01318639
www.MarcusMillichap.com
SF APARTMENT MAGAZINE | APRIL 2022
27
Registry Refresh
28
APRIL 2022 | SF APARTMENT MAGAZINE
Photo by Kafui Yevu on Unsplash
Wr i t t e n b y ROB E R T C OL L I N S w i t h C H R I S T I N A VA R N E R
Everything owners of residential housing units need to know before reporting unit information to the Rent Board on July 1, 2022.
SF APARTMENT MAGAZINE | APRIL 2022
29
Legislation to create a housing inventory
of the property manager, if any, des-
30 days of any change in the owner or
was passed by the Board of Supervisors
ignated by the owner(s) to address
designated property manager’s name or
and became effective on January 18, 2021.
habitability issues;
business contact information.
The legislation requires owners of residential housing units in San Francisco to begin reporting certain information about their
• The business registration number for the unit, if any;
cant part of the Rent Board’s operations going forward. Thus, there will be some
units to the Rent Board by July 1, 2022. The Rent Board will use this information to cre-
These new changes will become a signifi-
• The approximate square footage and
important changes at the Rent Board in
ate and maintain a “housing inventory” of
number of bedrooms and bathrooms
the years ahead, including some changes
all units in San Francisco that are subject to
in the unit (to the best of the owner’s or
that will probably prove helpful to rental
the Rent Ordinance.
manager’s knowledge);
property owners.
Owners will be required to report the infor-
• Whether the unit is vacant or occu-
The Rent Board will increase staffing, in-
mation each year, using a form prepared by
pied, and the date the vacancy or
cluding two information technology (IT)
the Rent Board. The Rent Board is develop-
occupancy commenced;
positions. We are now collaborating with the City’s 311 Customer Service Center,
ing a website, the Rent Board Portal (“the Portal”), which owners will use to submit
• The start and end dates of any other
which will assist with public inquiries
the required information online. Once a
vacancies or occupancies that have oc-
related to the housing inventory on a 24/7
property owner initially reports informa-
curred during the previous 12 months;
basis. 311 will help owners navigate the Portal, answer questions regarding filing, and
tion about their units, the system will maintain the information that has already been
• For tenant-occupied units, the base
explain requirements. This will allow the
submitted. In future years, owners will only
rent reported in $250 increments, and
Rent Board to utilize its existing call center
have to edit the information when changes
whether the base rent includes pay-
to manage complex questions and more
occur with the property during the year,
ment of utilities by the landlord (e.g.,
deeply assist the public.
and then again for the required annual
water/sewer, refuse/recycling, natural
reporting. Eventually, the Portal will also be
gas, electricity, etc.); and;
petitions and documents.
As explained earlier, the Rent Board is in the process of developing its Portal to al-
used for other Rent Board filings, including • Any other information that the Rent
low landlords to easily report information
Board deems appropriate following
about their units. With careful consider-
The legislation requires owners to obtain
a noticed public meeting in order
ation, we are developing the Portal to be
a license from the Rent Board before
to effectuate the purposes of the
functional and accessible, thinking toward
imposing any annual and/or banked
Rent Ordinance.
both present and future use. After the housing inventory portion of the Portal is
rent increases upon tenants. This license will only be issued when the owner is in
The Rent Board will use the information
designed and in production, the goal is to
substantial compliance with the housing
provided to generate reports and sur-
move forward with the development of a
inventory’s reporting requirements. If the
veys, investigate and analyze rents and
full-service system that will allow landlords
landlord does not provide the required
vacancies, monitor compliance with the
and tenants to file their petitions, appeals,
information to the Rent Board, the owner’s
Rent Ordinance, and assist landlords and
documents, eviction notices, and other
license to impose annual and/or banked
tenants and other City departments as
passthroughs entirely online. This should
rent increases will be suspended for the
needed. The Rent Board may not use the
make the process of managing properties a
period of noncompliance.
information to operate a “rental registry”
little bit easier.
within the meaning of California Civil If the owner informs the Rent Board that
Code Sections 1947.7 – 1947.8.
Imagine being able to see a petition decision that was filed and decided years
the unit is occupied by an owner and is not rented at any time, then no further informa-
For units (other than condominium units)
earlier, while at the same time gaining
tion will need to be reported about the unit.
in buildings of ten units or more, own-
access to tools to help calculate a fu-
If a unit is not owner-occupied because it is
ers are required to begin reporting this
ture passthrough, and then filing that
either vacant, tenant-occupied, or used for
information to the Rent Board by July 1,
passthrough online using the same web-
some other purpose, the owner will need
2022, with updates due on March 1, 2023
site—all simply wrapped up with a digital
to disclose the following additional infor-
and every March 1 thereafter. For con-
signature. The Portal can also become
mation about the unit to the Rent Board:
dominium units and units in buildings
a tool to assist landlords with calculat-
with fewer than ten units, reporting will
ing the correct petition amounts. Those
begin on March 1, 2023, with updates due
petitions and other documents will have
information (address, phone number,
every March 1 thereafter. Owners are also
instant confirmation of receipt by the Rent
email address) of the owner(s), or
required to inform the Rent Board within
Board. A confirmed copy of submissions
• The name and business contact
30
APRIL 2022 | SF APARTMENT MAGAZINE
Another Good One—Done!
SOLD
1935-1943 Hayes St Panhandle, San Francisco
$3,710,000
13 UNITS MIXED USE
LIST PRICE $4,300,000 REPRESENTED BUYER
PRICE / UNIT
$285,385 C A P R AT E
GRM
PRICE / SQ FT
$363 SQ FT
The gap between seller expectations and market realities, makes now the perfect time to find a Good One... And to gain the leverage in negotiations you need to close the best deal, look to Matthew C. Sheridan for market insights based on his advanced proprietary data analytics. It’s good to have a partner with the inside edge. Call today. Matthew C. Sheridan matthew.sheridan@nmrk.com Lic. #01390209 t 415-273-2179
3.89% 14.19 10,230 SF APARTMENT MAGAZINE | APRIL 2022 655 Montgomery Street, Suite 1705, San Francisco, California 94111
31
will be immediately available, and copies of submissions will be available for future use. Likewise, if the Rent Board determines that a petition is incomplete, a landlord will be able to supplement the petition online in the same way. Owners who recently acquired a property may benefit from accessing petitions and notices filed by the prior owner. These are some of the many ways the Portal will be useful to both landlords and tenants in the years to come. We realize that this legislation creates significant new requirements for both owners and the Rent Board. We are committed to working with owners, property managers, tenants, and other members of our community to ensure that we develop our online presence in a way that is helpful to those same stakeholders. While the initial goal of the Rent Board’s new online
Ways to Connect.
Portal is the implementation of the housing inventory, our mission is to develop technological tools that are helpful to owners in managing their units, to tenants in making the Rent Board accessible, and
Email SFAA at MemberQuestions@sfaa.org to
to the agency itself in delivering services
have your questions and concerns promptly addressed,
us that it is time we moved forward and
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 •
Email SFAA at MemberQuestions@sfaa.org
•
Connect with SFAA on Facebook
•
Follow SFAA on Twitter at twitter.com/SFAptAssoc
more efficiently. The pandemic has taught advance technological solutions at the Rent Board to catch up with what you have expected for a long time. Stay tuned for the housing inventory phase I reporting go-live date later this spring. Our website will be updated with further information before the legislation becomes operative on July 1, 2022 and March 1, 2023. Please visit us at sfrb.org. Robert Collins is the former director of the San Francisco Rent Board. Christina Varner is the acting director of the San Francisco Rent Board.
Know Your Numbers! Turn to page 51 for updated information on allowable rent increases, security deposit interest and more.
32
APRIL 2022 | SF APARTMENT MAGAZINE
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33
The Outsource Workforce written by DA N A DU N F OR D
The emerging shift to flexible property management. Most landlords select one of two traditional models to manage rentals. Historically, there were only two options to manage rental properties: do it all yourself (DIY) or hire a full-service property management company. While these two options have their advantages and disadvantages, many landlords find themselves defaulting to the DIY model. In fact, 72% of rental properties are self-managed in the United States today. I’ve connected with many of these DIY landlords, and I hear the same thing over and over again: they wish a property management professional could take some things off their plates, but they still want to have an active role in managing their properties. Most other service industries provide flexible options that fall somewhere between DIY and full service. Take, for example, the food industry. A consumer doesn’t have to choose between cooking at home or eating out at a restaurant. They can choose takeout, food delivery boxes, or an at-home chef, to name just a few options. The good news for property management is that those types of flexible alternatives are starting to come to market, providing landlords with more options to work with licensed professionals while also retaining control of their valuable assets. Choosing a management solution for your rental property can be a very personal decision. The best solution will probably have more to do with your personality than the type of rental property you own.
Flexible Property Management Solution Simply stated, flexible property management is holding on to the services you prefer to do, while hiring licensed professionals for everything else. Some landlords are general contractors, while others are accountants. The general contractors may want to manage rental repairs, while the accountants might be more comfortable managing rent collection and financials. Flexibility will give you the power to oversee anything you do well, while getting professionals to help with everything else.
34
APRIL 2022 | SF APARTMENT MAGAZINE
Photo by Mark Pecar on Unsplash
SF APARTMENT MAGAZINE | APRIL 2022
35
Setting Up a Flexible Management Solution
better prepared you will be for a passive
list and note the areas that you prefer to control:
Before you jump into fully optimizing
tion. SFAA also provides excellent educa-
your property management through a
tion via webinars for owners who manage
• coordinating turnover
flexible solution, make sure you have the
property specifically in San Francisco. Turn
• advertising the rental property
basics down.
to the calendar on page 50 for a schedule of
As an exercise, go through the following
• managing tenant inquiries • showing the rental property • collecting and reviewing rental applications • performing inspections • collecting rent • managing expenses
and flexible property management solu-
upcoming webinars. First, start by adding a layer of profesThis includes everything from creating
The Top Three Things that Landlords (Should) Outsource
an LLC for your rental property to hav-
After signing a couple of leases, landlords
ing an email address and phone number
usually realize that they were overzeal-
(even a free Google voice line) for tenant
ous in regard to what they could handle,
correspondence.
and they start to seek ways to eliminate
sionalism to your property management.
headaches. In some cases, landlords jump Next, make sure that your tenants know
out of the game entirely, selling their rent-
• coordinating repairs
when and why to call you. For example, if
als. But landlords who are smart enough
• corresponding on lease questions
you opt to perform repair coordination,
to stay in the game find the necessary sup-
• renewing leases
make sure they have your professional
port to offload what they no longer want
phone number. Or, if you decide to have an-
or are capable of doing well.
• dealing with legal questions
other team support you with 24/7 repair coordination, make sure the tenants have that
We work with over 15,000 landlords na-
number and know when to call it. Setting
tionwide and follow the trends on what
these expectations is straightforward with a
property management tasks are the most
A flexible property management solution
strong lease and documented notices. (The
burdensome for rental property owners.
will take care of the tasks you prefer not
SFAA 2022 residential tenancy agreement
to do.
is now available. To access it, visit sfaa.org.
Repairs and Maintenance: The first thing
For information on 2022 Lease Review we-
Is Flexible Property Management Right for You?
that owners seek to outsource is repairs
binars, turn to the calendar on page 50.)
and maintenance. After a tenant moves out
Certain landlords have absolutely no time
Next, you’ll need to build out your team.
most landlords want to do is get on the
and do not want to be involved with their
Whether you live in San Francisco or are
ground to scrub the bathroom tiles. But,
rental properties. For those landlords, it’s a
a distant landlord, you can manage your
more importantly, it’s difficult to determine
relatively easy choice to select a full-service
rental property from anywhere with other
the cost of a tenant chargeback for cleaning
property management company. If this
professionals supporting you. Firstly, you
when the landlord doesn’t have a third-
sounds like you, make sure you do proper
should use software to help automate any-
party receipt. For various reasons, from
diligence up front, as giving up control and
thing technology does better than humans.
chargebacks to providing a professional ex-
visibility can be risky if you put the keys
Then, you’ll need to build a team of profes-
perience, most landlords look to outsource
into the wrong property manager’s hands.
sionals to support you in the tasks that you
repair and maintenance work.
• evictions
without cleaning the rental, the last thing
will not perform. For example, you may Are there any other situations where a
want a leasing agent to help find and place
Perhaps even more helpful is outsourc-
landlord should always select a full-service
tenants, or a seasoned call center to trouble-
ing the entire repair coordination process.
property manager? Yes. Suppose a rental
shoot repair requests and coordinate ser-
Landlords have found that they close 7%
property owner is unwilling to educate
vice professionals on your behalf. If you’d
more requests, before sending out a con-
themselves on tenant-landlord law or to
like more control over the cost of repairs,
tractor, by having a third-party repair coor-
learn best practices for property manage-
you should vet contractors to understand
dinator troubleshoot the issues reported by
ment. In that case, they’re exposing them-
their standard fee structure (hourly rate,
tenants. When a tenant and coordinator can
selves to risk when controlling those parts
additional fees for after-hours, markup on
get the issue fixed via a phone call or by
of the process.
repairs, etc.).
simply purchasing a new part, it saves time
We’ve found that the type of rental prop-
Finally, you will want general education
erty (e.g., size, location, etc.) does not
on property management. The Hemlane
Rental property owners also choose to
matter, as you can succeed with a flexible
Academy (resources.hemlane.com) has
outsource repair coordination because
property management solution with any
some great free tips and tools to get you
rental property.
started. The more you educate yourself, the
and money for everyone.
36
APRIL 2022 | SF APARTMENT MAGAZINE
The Outsource Workforce… continued on pg. 60
Multi-family residential property sales among top 7 brokers in San Francisco in units sold over 5 quarters* 300 250 200 150 100 50 0 — Other San Francisco Brokerages — * Unit sales volume, transaction-side sales reported to SFARMLS, 1/1/20 –3/31/21, per Broker Metrics as of 4/4/21. Sales reported to MLS: Not all sales are reported.
5+ Unit multi-family property sales in units sold over 5 quarters* among top 7 brokers in San Francisco 60 50 40 30 20 10 0 — Other San Francisco Brokerages — * Unit sales volume, transaction-side sales reported to SFARMLS, 1/1/20 – 3/31/21, per Broker Metrics as of 4/4/21. Sales reported to MLS: Not all sales are reported.
SF APARTMENT MAGAZINE | APRIL 2022
37
COLUMN
LEGAL Q&A
At a Price
incentive once the market picks up. In-
w r i t t e n b y VA R IOU S AU T HOR S
deed, if you offer a month’s free rent for
An owner who grants a rent reduction due to market conditions makes that reduction permanent. Q. Our tenant asked us to lower market, or to entice new tenants to
a one-year term, the Rent Board will say
his rent. Rather than reduce the amount, locking us into the lower rate, we’d like to offer him a free month. Is this advisable?
A. The law is very clear on this sub-
ortized over the 12-month period of the initial one-year term, which then lowers the base rent for all future months by that amount. As one judge put it, you cannot evade rent control by setting up a lease with a starting rent higher than
sign up at an unattractive rent. About
what the current market would justify
25 years ago, a large apartment opera-
to entice tenants to sign the lease. Other
tor in San Francisco offered incoming
incentives, like substantial gift certifi-
tenants “rent coupons” for use each
cates, may draw a similar ire.
month to lessen their rental obligations. For instance, Tenant A’s lease states
The Rent Board policy is therefore quite
ject and has recently been re-circulated
that rent is $1,200 per month, although
clear. Rent rebates or reductions may
by the Rent Board in light of the now
similar apartments were not renting at
only be lawfully rescinded, canceled,
ending COVID-19 crisis: An owner
that level. To induce Tenant A to sign
or withdrawn if the rebate or reduction
who grants a rent reduction due to
the lease at this amount, the housing
is given because of a tenant’s particular
market conditions makes that reduc-
provider offered $1,200 worth of cou-
economic need or hardship. A soft rental
tion permanent. This means that future
pons for the first year of the tenancy.
market is never a justification for a tem-
rent increases must be based on the
Consequently, Tenant A could submit a
porary reduction in rent. So, if you do
lowered amount, which automatically
$100 coupon with each monthly rental
grant a reduction or offer an incentive to
becomes the new base rent. In addition,
payment, thereby only paying $1,100
attract new tenants or keep an existing
the property owner is likely precluded
out-of-pocket per month during Year 1.
tenant from moving due to a change in the marketplace, you risk making that
from withdrawing or canceling the reduction at a later time.
This operator subsequently discon-
reduction or the value of the incentive a
tinued the coupon program when the
permanent component of base rent.
A rent reduction may only be rescinded
rental market improved. Hundreds of
or canceled if the resident has re-
affected tenants then pursued massive
quested a temporary adjustment based
litigation in protest. The Rent Board
upon an economic hardship specific to
held that, using this example of Tenant
that resident’s personal or household
A, initial base rent was legally $1,100
situation. For example, such legitimate
per month for every year of the tenancy
hardships may include the tenant being
because the discount afforded by the
laid off of work, falling ill, or encoun-
coupon incentive was to be perma-
tering unexpected expenses to care
nently built into the rental obligation
for a member of the tenant’s home. In
and could not be legally withdrawn.
those instances, the owner and resident
Accordingly, all subsequently imposed
of the type of harassment the master
should clearly document the hardship
rent increases were invalidated because
tenant is committing. If the complaints
and spell out, in a signed writing, the
they were computed off of an incor-
are not severe, you may encourage the
amount of the reduction, why the re-
rectly calculated rent.
parties to participate in some form of
duction is being granted, and the length
—Dave Wasserman
Q.
Subtenants—whom I haven’t yet had contact with— have sent emails saying the master tenant is harassing them. I’m at a loss for what do to.
A. From your question, I am unsure
dispute resolution, such as mediation. Other property owners have been held
If the conduct persists or is egregious,
liable when they offer a free month of
you may suggest the subtenants call
Rebates and incentives are also very
rent or engage in other gimmicks to
law enforcement or seek a restrain-
dangerous when given to dissuade
lower the resident’s initial rent ob-
ing order. Since you have been made
tenants from leaving in a weak rental
ligation, only to later take away the
aware of the circumstances, you may
of time for the reduction.
38
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need to interfere with a more formal warning notice and possibly file a lawsuit. San Francisco’s (SF’s) Just Cause Ordinance Section § 37.9 states that you can evict a
Q.
If a long-term, rent-controlled tenant vacates when anti-pricegouging laws are in effect, how do the rules apply to re-letting?
just the same as during a wildfire or earthquake emergency. Violations of Penal Code Section 396 can be prosecuted as a misdemeanor criminal
tenant if the tenant is committing or per-
A. Penal Code Section 396, the Califor-
mitting nuisance to exist or is creating a
nia Anti-Price Gouging law, was updated
a $10,000 fine, or both. The law also allows
substantial interference with the comfort,
in 2020 after historic wildfires to give bet-
a tenant to sue the landlord for unlawful
safety, or enjoyment of the landlord or ten-
ter guidance about how to properly price
business practices and unfair competition.
ants in the building.
housing and supplies during an emer-
offense, punishable by up to a year in jail,
gency. When the law is in effect, housing
If you are considering a large rent in-
Under SF Just Cause Ordinance, tenant is
providers should not increase the “rental
crease on an occupied or recently vacated
broadly defined to mean a person entitled
price” of units more than 10%. Unfortu-
unit, consult with an attorney and review
by written or oral agreement, sub-tenancy
nately, the new definitions of “rental price”
the below unofficial list of emergency
approved by the landlord, or by sufferance,
are not always easy to understand.
exclusion of others.
events to see if an increase may be prohibited: caloes.ca.gov/cal-oes-divisions/
to occupy a residential dwelling unit to the In this case, the apartment was occupied
legal-affairs/price-gouging.
during the emergency, and was vacated Even if you have no had direct contact
while the anti-price gouging law was in ef-
with the subtenants, if you are aware
fect. Penal Code Section 396 says that the
the subtenants have been occupying the
“rental price” would depend on whether
rental unit and are now aware of the cir-
the unit is covered by rent control or not. If
cumstances with the master tenant, the
it is, then the rent can be increased by 10%
subtenants may have dragged you into
over the greater of either the vacating ten-
the middle of this dispute. Under these
ant’s rent, OR 160% of the fair market rent
circumstances, you should take steps to
established by the United States Depart-
minimize potential liability.
ment of Housing and Urban Development (HUD) plus 5% for fully furnished units
If mediation or other dispute resolution
not previously rented fully furnished.
does not resolve the parties’ differences,
—Matthew Quiring
Q.
A tenant’s car was broken into, and he hasn’t addressed it. The vandalized car is still there, with shattered glass fragments all over the sidewalk and street. Can I ask him to clean it up?
A. Yes, you certainly should ask the resident to clean it up. He may or may not do it, but this question raises a broader
you should investigate the complaints and
For example, if the vacating tenant was
point that ought to be addressed with the
determine if the allegations are even true.
paying $3,000 for a two-bedroom unit, the
membership in these trying times. Stated
You may need to demand the master tenant
increase would be the greater of $3,300,
succinctly, if the resident fails to promptly
stop such conduct.
or 160% of the HUD Fair Market Rent plus
clean it, you must.
10%. According to HUD, the fair market When preparing such notice, look to the
rent for a two-bedroom unit in the San
Apartment operators are reminded of the
terms of the rental agreement to see if
Francisco metro area in 2022 is $3,198, so
rule here that private property owners are
the master tenant is violating any terms
160% of that would be $5,116.80, and a 10%
legally responsible for sidewalk cleanli-
of the lease. Tenants are entitled to live in
increase would be $5,628.48.
ness in front of their property. With the
conditions that do not interfere with their comfort, safety, or enjoyment.
City in pretty bad shape these days, this Therefore, a rent-controlled two-bedroom
task has become quite burdensome but is
unit in San Francisco vacated during an
nevertheless imperative. Shattered glass
If the master tenant is violating terms of
emergency could have its rent increased
from never-ending car break-ins is just
the rental agreement or the right to quiet
up to $5,628.48 without violating the
one component of what often awaits us
enjoyment, the property owner should
anti-price gouging statute. If the unit was
each morning. Litter, debris, and yes, hu-
provide the master tenant written notice
previously unfurnished, the limit would
man urine, animal/human defecation, and
of the violations and allow the master
be $5,884.32 if rented fully furnished.
needles now regularly show up in front
tenant the opportunity to cure the breach.
of our buildings on a regular basis. This
The notice should describe the breach
It is worth remembering that Penal Code
author and apartment operator believes
and how it can be cured. Before taking
Section 396 is activated automatically
that we have not just a legal obligation to
action, consult with an attorney to deter-
whenever an emergency is declared,
remove this rubbish but also a moral com-
mine the best way to address
whether or not it has any obvious or im-
pulsion as well. For starters, our tenants
this situation.
mediate impact on rental housing. That
should have a clean and safe entrance into
means that rental housing price gouging
their homes, and we certainly do not want
is prohibited during a drought emergency
them tracking in glass fragments or other
—Angelica Sandoval
40
APRIL 2022 | SF APARTMENT MAGAZINE
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Prevent Fires.
unsafe particulates. Likewise, neighboring property owners should not have to view an eyesore. Indeed, if everyone on the block does their part in maintaining sidewalk cleanliness, the neighborhood stands a chance to become or remain presentable despite the amount of people who live unhoused in our community, the record crime now plaguing the city, and the carelessness of some citizens who refuse to properly dispose of their throwaways. According to the city’s Streets and Sidewalk Maintenance Standards Manual, property owners are responsible to ensure that sidewalks are 100% free from graffiti, 100% free from illegal dumping, 90% free from grime, leaks, and spills, and 100% free from feces, needles, glass, and condoms. You need a system in place to remove these items, regardless of where they came from. So, please live up to your obligation to maintain the sidewalk areas in front of your buildings. Clean the glass shards promptly
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.
if the tenant refuses or is otherwise nonresponsive. Admittedly, sweeping up glass is far easier than addressing human waste, graffiti, or large trash items. SFAA has a list of associate members who can assist with professional sidewalk cleaning as well as removal of dangerous or hazardous substances (see the Preferred Vendors directory on page 52). In addition, the Department of Public Works (DPW) maintains a 311 call-in service to report illegal dumping, human waste, and other improperly disposed of items. A DPW service truck should respond to your call-in request for removal within a few days. In sum, this is your problem and your responsibility, so you need to have a response and maintenance system in place to address what sadly has become an all-toocommon occurence in our beloved town. —Dave Wasserman The information contained in this article is general in nature. Consult the advice of an attorney for any specific problem. Dave Wasserman is with Wasserman Offices and can be reached at 415-567-9600. Angelica Sandoval and Matthew Quiring are real-estate attorneys with Fried, Williams, & Grice Conner LLP and can be reached at 510-625-0100.
42
APRIL 2022 | SF APARTMENT MAGAZINE
NEED MORE RENTAL ASSISTANCE? COVID-19 RENTAL ASSISTANCE DOESN’T HAVE TO BE A ONE-AND-DONE PROPOSITION. Q. How do I apply for additional rental assistance if I previously completed an application and received rental assistance payments, but the tenant has not recertified for additional assistance? A. Do not submit a new application. Reapplying will slow down processing and may result in an inconsistent application status. Instead, take the following steps: Contact the Emergency Rental Assistance Program (ERAP) call center at 833-430-2122 and select “landlord” from the menu. Ask the agent to open your application, and that the pages called “tenant information” and “submit” be reopened. If you need to update the landlord information, too, request to have that page opened as well. Log in to your account to update any information on the tenant information page—including updated rent rolls and tenant contact information. While logged in to your application, go to the “submit” page, read through the certifications, and check the appropriate boxes. Sign the application and submit. Once this process is completed, the new submittal will act just like a new application and will trigger all the appropriate notifications. Q. How do I apply for additional rental assistance if I did not previously complete an application, but received a rental assistance payment because the tenant applied and received the payment directly, but the tenant has not recertified for additional assistance? A. In this situation, complete a new application for rental assistance as follows: Register for the program and initiate a new application at housing.ca.gov Complete the landlord section of the application. Under A.16, “Have you or do you intend to file for eviction against this tenant for nonpayment of rents during COVID-19?” select “Yes.” Enter the number of units for which you are potentially seeking eviction. If this is a single application for a single unit, the number will be one. Under “tenant name,” enter the name of each tenant you are potentially seeking to evict. Enter the case ID next to the name for every tenant where you know there is a pre-existing tenant application. You are strongly encouraged to ask your tenants for case IDs to assist in this process. Entering case IDs will help administrators prevent duplicate applications and will speed up processing. Complete the remainder of the “tenant information” section and then complete the “submit” section and submit the application. The submittal will trigger the appropriate notifications to the tenant and the program. Although you will not be paid directly under this circumstance, you will have some insight into the application status and processing as the application moves through the process. Q. What is the process for a tenant to recertify? A. The tenant will receive an automated email notification informing them that it is time to recertify if additional assistance is needed. The tenant then completes and submits the recertification application. If you participated in the original application, a program administrator will reach out to you for updated rent rolls. Payments made under this scenario will go directly to you. If you did not participate in the original application, approved payments will be made directly to the tenant. The tenant is required by law to pay the rental assistance they receive to you. Q. What if a tenant claims a different amount owed than what I claimed on my application? A. Program administrators will likely defer to your rent roll when evaluating the amount of rent owed. Please ensure that your records are accurate and easy for administrators to understand. Q. How long will recertification take? A. This is unclear, however, fewer recertification applications are pending than initial applications, so the recertification process should be shorter than the initial waiting period. Q. Does the recertification process require the tenant to participate? A. Yes. The federal program is based on tenant eligibility, so the tenant must participate for your reapplication to move forward. So, if you have applied, continue to share information about the program with your tenant and encourage them to apply. Here are some suggestions: The Housing Is Key website ( housing.ca.gov ) templates for emails and letters you can share with your tenant. These materials can be found under “Renter & Landlord Resources.” If the tenant is not responding, you could contact a Local Partner Network organization (appointment line: 833-687-0967) and explain that you need help with tenant outreach. They will try to speak to the tenant on your behalf, to build trust and confidence in the process. The Local Partner Network serves both landlords and tenants, and either may request assistance.
The above information was written by Embert P. Madison, Jr., State Advocacy and Compliance Counsel, and originally published by the California Apartment Association. Reprinted with permission. SF APARTMENT MAGAZINE | APRIL 2022
43
COLUMN
BOARD REPORT
House in Order w r i t t e n b y E R IC R . A N DR E S E N
The power and importance of good organization.
W
purposes—but it’s just as important to keep good records to build paper trails to protect yourself. For example, if a tenant suggests that you didn’t complete
e spend so much time
Something as basic as being able to eas-
a maintenance request in a timely man-
nowadays looking
ily look up when an improvement was
ner, the surefire way to defend yourself
ahead, planning for
made (and by whom) or the last time
is to show a timeline of the tenant-land-
what may happen, and
someone inspected the fire extinguish-
lord communication, and estimates, re-
trying our best to protect ourselves from
ers can save you time, money, and po-
ceipts, or invoices to show you oversaw
the unknown. “Be prepared” has be-
tential headaches.
the project completion.
us could have imagined, and it seems to
We’re probably all already doing a few
The above is the absolute minimum.
become more important every day.
things to prepare for the worst, such as
come an adage well beyond what any of
having appropriate insurance coverage or watching the roof for leaks or signs of
cans and others around the state as an
age. And many of us set aside rainy-day
Some of us also take part in the politi-
industry leader for decades now. As a
funds as we look ahead to significant
cal, legislative, and regulatory actions
local property manager responsible for
projects or routine upgrades. We inspect
that our Association undertakes in San
almost two hundred properties, pre-
our properties so that we’re aware of
Francisco, Sacramento, other parts of
paredness has become a priority. Trying
and can plan for future projects and nec-
California, and even at the federal level.
to think ahead and predict what could
essary expenditures.
The ability to know in advance what our representatives are considering, and,
happen can be the source of nightmares. I’ve found that the best way to
The thing is, just knowing some of this
hopefully, having an impact on the po-
get prepared—and stress less about it—is
information isn’t enough. Information
tential outcome is invaluable.
to be organized. If your ducks are in a
needs to be organized to be helpful.
row, it will be that much easier for you to
Important dates need to be kept in a
Not everyone has the time or energy
handle whatever might come up.
way that you can easily and quickly ac-
to personally get involved, though.
cess them when you need them. Vendor
Donating to SFAA’s Political Action
I’ve learned it’s almost impossible
information—including the type of work
Committee (SFAA PAC) and the Califor-
to adequately prepare when I’m not
they perform and the details of your
nia Apartment Association committee
organized. When an issue arises at a
last project together—is crucial to have
(CAA PAC) are other important ways
property I manage, I need to quickly
readily available. Insurance policy data,
to prepare, because donations support
find the appropriate contacts, an emer-
especially renewal dates, must be kept
organizations that impact potential
gency vendor, and essential data. If this
organized, too. To accidentally miss a
legislation and regulation. Political
information isn’t readily available and
renewal date could be devastating down
activism is paramount nowadays; local
I have to scramble, a challenging situ-
the road—and is entirely preventable.
leadership has been throwing us tremendous challenges.
ation becomes even more challenging and stressful.
44
I urge you to go even further.
I’ve been representing San Francis-
We’re all remembering the need for accurate record-keeping right now, since
The same is true of our legal funds
The rule of preparing and organizing
it’s tax time. Sure, it’s imperative to
both at SFAA and CAA. Our best chance
applies to routine maintenance, too.
keep good records for financial and tax
of protecting our properties from
APRIL 2022 | SF APARTMENT MAGAZINE
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APRIL 2022 | SF APARTMENT MAGAZINE
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excessive regulatory hurdles is through the courts, and both SFAA and CAA have exceptional legal counsel and committees ready to take action when necessary. Supporting SFAA also helps the organization provide its members with education and resources. Take advantage of all of the classes and webinars SFAA offers (see calendar on page 50) and attend the trade show (see page 45). Better yet, sponsor the trade show! The annual SFAA trade show is a fantastic event where local vendors, real estate attorneys, and rental property owners can network and make connections. With the knowledge gained at these events, we can be in compliance, understand and prepare for future challenges, and protect ourselves and our investments. When I have a trusted vendor for just about every possible emergency, I’m much more inclined to get a better sleep at night, too. Many of you reading this article are licensed property managers yourselves or you’ve hired a property manager at some point to care for your property. I have been on the receiving end of that fateful audit call from the Department of Real Estate, announcing that they’ll soon be in to inspect our records. Believe me, it is not a fun process. I can’t even imagine how much worse it could be without having kept good and organized records. The bottom line: being prepared and organized, to the best of our ability under the current circumstances, is critical. Our industry is held to very high standards, and we are expected to have answers and accurate data available on a moment’s notice. Each little step we take today, whether that’s keeping our files organized, attending SFAA classes and events, or making sure our industry representatives have what they need to support us, will make a huge difference down the line. Eric R Andresen is a long-time member and a past president of both the SFAA and CAA boards of directors. He owns both West Coast Property Management and West Coast Property Maintenance companies in San Francisco. He can be reached at eric@wcpm.com.
48
APRIL 2022 | SF APARTMENT MAGAZINE
DONATE TO THE SFAA LEGAL FUND TODAY During the legislative process, SFAA reaches out to members of the Board of Supervisors to address points of concern, support, or opposition regarding any given legislative or policy proposal that impacts rental housing providers. On issues that are particularly harmful for property owners, like the COVID-19 Tenant Protection Ordinance, we’ll mobilize our membership in a grassroots effort to engage members of City Hall. But oftentimes, especially in an increasingly tenant-friendly city, these proposals get voted into law anyway. During the legislative hearing on June 8, the Land Use Committee heard from hundreds of small property owners. In the legislative file, there are 6,000 pages of comments from San Franciscans, almost all from housing providers opposed to the legislation. And yet, the ordinance was approved by a vote of 10-1. SFAA established its legal fund in 1998, and when the Board of Supervisors passes ordinances that violate our members’ rights, we have no choice but to file litigation against the city. In recent years, we’ve seen a pattern of laws being passed that don’t consider or address the perspectives of housing providers. We ask that you donate to the SFAA Legal Fund today. Please write a check to the “SFAA Legal Fund” and mail it to the SFAA office at 265 Ivy Street, San Francisco, CA 94102 to support this effort and to help build the legal fund to function as a deterrent against future harmful proposals.
Passthroughs
PAY! Take advantage of the Rent Board rules that benefit you.
We prepare petitions for • Soft Story/Voluntary Seismic • General Capital Improvements • Operating and Maintenance and also • Annual Increase letters • General and Water Bond Passthroughs We have 18 years of experience and have filed hundreds of successful passthroughs. Call us today at
415-333-8005
to find out how you can benefit.
extra extra
READ ALL ABOUT IT
In San Francisco, managing and owning rental property can be a tough business. Keep your manager up to date with the latest news, legislation, trends and analysis of the industry. SFAA members can now send their managers or friends SF Apartment Magazine for only $84 a year.
Subscriptions must be registered and billed to an SFAA member. Sign up today! Online: sfaa.org/membership Phone: 415-255-2288
SF APARTMENT MAGAZINE | APRIL 2022
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sfaa 2 2022calendar
sfaa
April
MONDAY, APRIL 4 Board of Directors Mtg. 11:30 a.m.
TUESDAY, APRIL 5 Estate Planning Webinar Zoom Webinar System 1:00 p.m. to. 2:00 p.m. Members $45 Non Members $65
WEDNESDAY, APRIL 6 SFAA Online Lease Demonstration Webinar Zoom Webinar System 10:00 a.m. to. 11:00 a.m. Free for Members
WEDNESDAY, APRIL 6 Lunch & Learn Application & Screening Webinar Zoom Webinar System 12:00 p.m. to. 1:00 p.m. Members $45 Non Members $65
THURSDAY, APRIL 7 Intellirent Demonstration Webinar Zoom Webinar System 10:00 a.m. to. 11:00 a.m. Free for Members
FRIDAY, APRIL 8 New Rent Control Laws Webinar Zoom Webinar System 10:00 a.m. to. 12:00 p.m. Members $45 Non Members $65
WEDNESDAY, APRIL 13 Lunch & Learn Offers, Concessions, ADA Law & Section 8 Webinar Zoom Webinar System 12:00 p.m. to. 1:00 p.m. Members $45 Non Members $65
THURSDAY, APRIL 14 Asset Protection for Properties Webinar Zoom Webinar System 1:00 p.m. to. 2:00 p.m. Members $45 Non Members $65
WEDNESDAY, APRIL 20 Virtual Member Meeting Tenant Attorney Panel 9:00 a.m.
WEDNESDAY, APRIL 20 Lunch & Learn Notices Webinar Zoom Webinar System 12:00 p.m. to. 1:00 p.m. Members $45 Non Members $65
THURSDAY, APRIL 21 Managing Tenants to Avoid Liability Webinar Zoom Webinar System 12:00 p.m. to. 1:00 p.m. Members $65 Non Members $95
WEDNESDAY, APRIL 27 Lunch & Learn Lease Review Webinar Zoom Webinar System 12:00 p.m. to. 1:00 p.m. Members $45 Non Members $65
SFAA offices will be closed on May 31st in observance of Memorial Day.
FRIDAY, APRIL 29 New Unit Registration & Licensing Webinar Zoom Webinar System 10:00 a.m. to. 11:00 a.m. Members $45 Non Members $65
May MONDAY, MAY 2 Board of Directors Mtg. 11:30 a.m.
WEDNESDAY, MAY 4 Lunch & Learn Addendas Webinar Zoom Webinar System 12:00 p.m. to. 1:00 p.m. Members $45 Non Members $65
FRIDAY, MAY 6 Evictions Update Webinar Zoom Webinar System 10:00 a.m. to. 11:00 a.m. Members $45 Non Members $65
WEDNESDAY, MAY 11 Lunch & Learn Move In Checklist Webinar Zoom Webinar System 12:00 p.m. to. 1:00 p.m. Members $45 Non Members $65
TUESDAY, MAY 17 Buying Property in Your IRA Webinar Zoom Webinar System 11:00 a.m. to. 12:00 a.m. Members $45 Non Members $65
WEDNESDAY, MAY 18 SFAA Online Lease Demonstration Webinar Zoom Webinar System 10:00 a.m. to. 11:00 a.m. Free for Members
WEDNESDAY, MAY 18 Lunch & Learn Annual Increases Webinar Zoom Webinar System 12:00 p.m. to. 1:00 p.m. Members $45 Non Members $65
WEDNESDAY, MAY 25 Lunch & Learn Capital Improvements Webinar Zoom Webinar System 12:00 p.m. to. 1:00 p.m. Members $45 Non Members $65
FRIDAY, MAY 27 New Unit Registration & Licensing Webinar Zoom Webinar System 10:00 a.m. to. 11:00 a.m. Members $45 Non Members $65
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APRIL 2022 | SF APARTMENT MAGAZINE
SFAA MEMBER MEETINGS ARE HELD VIRTUALLY DUE TO COVID-19. FOR TOPICS AND SCHEDULES, VISIT SFAA.ORG.
join online at sfaa.org or call 415.255.2288
2022 join online at sfaa.org or call 415.255.2288
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 RENT BOARD FEE COLLECTABLE FROM TENANTS 2021-2022
$29.50
CAPITAL IMPROVEMENTS
SFAA’S
TENANT SCREENING SERVICE
The capital improvement interest rates for 3/1/21 through 2/28/22 are listed below:
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.
AMORTIZATION
INT. RATE
MULTIPLIER
7 YEARS
0.8%
.01225
10 YEARS
1.0%
.00876
15 YEARS
1.2%
.00607
20 YEARS
1.4%
.00478
INTEREST ON DEPOSITS Deposits include all tenant monies that the owner holds, regardless of what they are called. At the landlord’s option, the payment may be made directly to the tenant or by allowing the tenant to deduct the amount of interest due from the rental payment. INTEREST ON DEPOSITS PERIOD
AMOUNT
03/01/22 - 02/28/23
0.1%
03/01/21 - 02/28/22
0.6%
03/01/20 - 02/28/21
2.2%
03/01/19 - 02/29/20
2.2%
03/01/18 - 02/28/19
1.2%
2020-2021
$25.00
2019-2020
$25.00
2018-2019
$22.50
2017-2018
$22.50
2016-2017
$20.00
2015-2016
$18.50
03/01/17 - 02/28/18
0.6%
$18.00
03/01/16 - 02/28/17
0.2%
03/01/15 - 02/29/16
0.1%
03/01/14 - 02/28/15
0.3%
03/01/13 - 02/28/14
0.4%
03/01/12 - 02/28/13
0.4%
03/01/11 - 02/29/12
0.4%
2014-2015 2013-2014
$14.50
2012-2013
$14.50
CONTACT INTELLIRENT FOR MORE INFORMATION:
415-849-4400
2011-2012
$14.50
2010-2011
$14.50
2009-2010
$14.50
03/01/10 - 02/28/11
0.9%
2008-2009
$14.50
03/01/09 - 02/28/10
3.1%
2007-2008
$13.00
03/01/08 - 02/28/09
5.2%
2006-2007
$11.00
03/01/07 - 02/29/08
5.2%
2005-2006
$10.00
2004-2005
$11.00
2003-2004
$21.50
CONTACT THE SAN FRANCISCO RENT BOARD FOR MORE INFORMATION
415-252-4600 sfgov.org/rentboard
ALLOWABLE RENT INCREASES
2022 – 2023: 2.3%
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. ALLOWABLE RENT INCREASES PERIOD
AMOUNT
03/01/22 - 02/28/23
2.3%
03/01/21 - 02/28/22
.7%
03/01/20 - 02/28/21
1.8%
03/01/19 - 02/29/20
2.6%
03/01/18 - 02/28/19
1.6%
03/01/17 - 02/28/18
2.2%
03/01/16 - 02/29/17
1.6%
03/01/15 - 02/29/16
1.9%
03/01/14 - 02/28/15
1.0%
03/01/13 - 02/28/14
1.9%
03/01/12 - 02/28/13
1.9%
03/01/11 - 02/29/12
0.5%
03/01/10 - 02/28/11
0.1%
03/01/09 - 02/28/10
2.2%
03/01/08 - 02/28/09
2.0%
03/01/07 - 02/29/08
1.5%
03/01/06 - 02/28/07
1.7%
SAN FRANCISCO RENT BOARD 25 Van Ness Avenue #320 San Francisco, CA 94102 415-252-4600 www.sfgov.org/rentboard
CONTACT THE SAN FRANCISCO RENT BOARD FOR MORE INFORMATION
415-252-4600 sfgov.org/rentboard
& information SF APARTMENT MAGAZINE | APRIL 2022
51
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 Stephanie Chen 408-298-8888 Ext: 121 sc36@aec-alarms.com
ARCHITECTURE
OPENSCOPE STUDIO ARCHITECTS Mark Hogan 415-891-0954 www.openscopestudio.com Q ARCHITECTURE Dawn Ma www.que-arch.com
415-695-2700
ASSOCIATIONS
PROFESSIONAL PROPERTY MANAGEMENT ASSOCIATION Renee A. Engelen www.ppmaofsf.org renee@hrhrealestate.com
ATTORNEYS
415-861-8800
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 FRANCISCO GUTIERREZ Francisco Gutierrez 415-805-6508 francisco@gtzlegal.com LAW OFFICE OF MICHAEL HEATH Michael Heath 415-931-4207 Mheath_law@sbcglobal.net LAW OFFICES OF DENISE A. LEADBETTER Denise Leadbetter 415-713-8680 www.leadbetterlaw.com LAW OFFICES OF SCOTT T. OKAMOTO Scott T. Okamoto 415-766-5871 www.scottokamotolaw.com LAW OFFICES OF DANIEL PICCININI Daniel Piccinini 415-345-8610 danielpiccinini@att.net 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
BARTH CALDERON, LLP Paul Hitchcock Paul@barthattorneys.com
415-577-4685
LAW OFFICE OF KEVIN P. GREENQUIST Kevin Greenquist 415-977-0444x234 www.ztalaw.com
BORNSTEIN LAW Daniel Bornstein, Esq. www.bornstein.law
415-409-7611
MASTROMONACO REAL PROPERTY LAW GROUP Leonard Mastromonaco 415-354-2702 len@mastrolawgroup.com
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 HAAS NAJARIAN LLP Eric Murphy (415) 788-6330 emurphy@hnattorneys.com
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HERZIG & BERLESE Barbara Herzig bherzig@hbcondolaw.com
APRIL 2022 | SF APARTMENT MAGAZINE
MCLAUGHLIN SANCHEZ, LLP Michael McLaughlin 415-655-9753 www.msllp.law MILLAR AND ASSOCIATES, APLC James Millar 415-981-8100 x101 Millar-law.com NIVEN & SMITH Leo M. LaRocca leo@nivensmith.com
415-981-5451
REUBEN, JUNIUS & ROSE, LLP Kevin Rose 415-567-9000 www.reubenlaw.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 www.wiegellawgroup.com
415-552-8230
ZACKS, FREEDMAN & PATTERSON, P.C. Andrew M. Zacks 415-956-8100 www.zfplaw.com ZANGHI TORRES ARSHAWSKY, LLP John P. Zanghi 415-977-0444 www.zatlaw.com
BEDBUG DETECTION
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 Blastteis www.sfretail.net
415-981-2844
CONSULTANTS: PERMITS & PLANNING
EDRINGTON AND ASSOCIATES Steven Edrington 510-749-4880 steve@edringtonandassociates.com
CORPORATE RENTALS AMSI Robb Fleischer www.amsires.com
415-447-2020
GOROVERGO Laura Ericson 832-977-6830 laura.ericson@echemail.com www.gorovergo.com
CREDIT REPORTING
INTELLIRENT Cassandra Joachim www.myintellirent.com
415-849-4400
DRAIN SERVICES
PRIBUSS ENGINEERING, INC. Selina Pribuss 650-588-0447 selina.p@pribuss.com www.pribuss.com
ENVIRONMENTAL CONSULTING
P.W. STEPHENS ENVIRONMENTAL Sheri Buenz 510-651-9506 sherib@pwsei.com
FIRE ESCAPE INSPECTION & MAINTENANCE
BAY AREA CHIMNEY & FIRE ESCAPE INSPECTIONS Jerry Charton 415-333-5509 jerrycharton11@gmail.com ESCAPE ARTISTS Jabal Engelhard www.sfescapeartists.com
415-279-6113
GREAT ESCAPE SERVICES Rich Henderson 415-566-1479 www.greatescapeservice.com
FIRE PROTECTION CONTRACTORS AEC ALARMS
408-298-8888 Ext: 121 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 MAZZY’S FIRE PROTECTION Scott Mazzarella 415-665-5553 www.mazzysfire.com PRIBUSS ENGINEERING, INC. Selina Pribuss 650-588-0447 selina.p@pribuss.com www.pribuss.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
INSURANCE COMPANIES
GORDON ASSOCIATES INSURANCE SERVICES Dave Gordon, CLU 650-654-5555x6972 David.gordon@gordoninsurance.com
INTERNET SERVICES PROVIDERS
COMCAST/XFINITY Michael Juliano www.xfinity.com
LENDING / FINANCIAL SERVICES FIRST FOUNDATION BANK Michelle Li www.ff-inc.com
415-794-2176
LENDING / FULL SERVICE BANKS
LUTHER BURBANK SAVINGS Gabriel Basso 510-601-2400 www.lutherburbanksavings.com
LENDING / INSTITUTIONS
CHASE APARTMENT LENDING Andre C. Ferrigno 415-644-2171 CHASE COMMERCIAL TERM LENDING Sharon Groenendyk 415-315-8464 www.chase.com/commercialbanking CHASE COMMERCIAL LENDING Ingrid Marlow 650-737-6212
LOCKSMITHS
CROWN LOCK & HARDWARE Joe Schoepp 415-221-9086 WARMAN SECURITY Peter Badertscher www.warmansecurity.com
415-775-8513
MAINTENANCE REPAIR SERVICE
MAVEN MAINTENANCE, INC. Craig Lipton 415-829-2207 www.mavenmaintenance.com WEST COAST PROPERTY MANAGEMENT Joseph Keng 415-885-6970 ext. 101 www.wcpm.com
MEDIATION
FETCH Dan Beary 978-503-9540 dbeary@fetchpackage.com
PAINTING CONTRACTORS KRUITPAINTING, INC. Pieter Kruit www.kruitpainting.com
415-254-7818
PAC WEST PAINTING INC. Brian Beaulieu 415-457-0724 www.pacwestpaintinginc.com PETERS PAINTING SERVICES Peter Pantazelos 415-647-4722 www.peterspainting.com TARA PRO PAINTING INC. Brian Layden www.tarapropainting.com
415-334-3277
PAINTING SUPPLIES
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 THERMAL SOLUTIONS Jeremy Bedford (925) 381-6426 office@thermalsolutionspc.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 R & L PLUMBING Larry Bustillos 415- 651-4977 larry@rl.plumbing www.rlplumbingsanfrancisco.com
THE BAR ASSOCIATION OF SAN FRANCISCO CONFLICT INTERVENTION SERVICE Scott Goering 415-782-8940 sgoering@sfbar.org
URGENT ROOTER AND PLUMBING INC. Albert Lee 415-387-8163 urgentrtr@sbcglobal.net
ONLINE PAYMENT SERVICES
CREATIVE WEALTH CAPITAL MichaelGallin mike@creativewealthcapital.com
ARM MULTI INSURANCE SERVICES Lisa Isom 866-913-6293 www.arm-i.com
IMANAGE RENTS Hatef Maoghimi hatef@imanagerent.com wwwimanagerent.com
BARBARY INSURANCE BROKERAGE Gerald Becerra 415-788-4700 www.barbaryinsurance.com
ROOST Chanin Balance chanin@joinroost.com
COMMERCIAL COVERAGE INSURANCE AGENCY Paul Tradelius 415-436-9800 www.comcov.com
925-495-9922
PACKAGE SERVICE
415-547-0049
(503) 888-2528
PROJECT MANAGEMENT PROPERTY MANAGEMENT
ADVENT PROPERTIES, INC. Benjamin Scott, CCRM 510-289-1184 www.adventpropertiesinc.com ALEXANDERSON PROPERTIES Eric Alexanderson 415-285-3737 www.alexandersonproperties.com
SF APARTMENT MAGAZINE | APRIL 2022
53
AMORE REAL ESTATE, INC Jerry Hsieh 415-567-4800 www.amoresf.com AYS MANAGEMENT Kevin Newsome 510-708-0165 ayspropertymanager@gmail.com BEAM PROPERTIES, INC. Darius Chan darius@sfbeam.com
415-254-8679
BORN PROPERTY MANAGEMENT Jason Born 650-271-7048 x 111 Jason@bornpm.com BERENDT PROPERTIES Craig Berendt craig.berendt@gmail.com
415-608-3050
BROOKFIELD PROPERTY GROUPPRESIDIO LANDMARK Jon King 855-327-5376 jon.king@brookfieldproperties.com
EMBC Nancy Wong www.ebmc.com nancywong@ebmc.com
CITYWIDE PROPERTY MANAGEMENT Carol Cosgrove 415-552-7300 www.citywidesf.com
EQUITY ONE Brenda M. Obra www.equity1sf.com
CREATIVE WEALTH CAPTIAL Michael Gallin 415-779-6241 mike@creativewealthcapital.com
GAETANI REAL ESTATE Paul Gaetani 415-668-1202 www.gaetanirealestate.com
DEWOLF REALTY CO. INC. William A. Talmage www.dewolfsf.com
415-221-2032
GEORGE GOODWIN REALTY, INC. Chris Galassi 415-681-1265 www.goodwin-realty.com
EBALDC Felicia Scruggs FScruggs@ebaldc.org
510-287-5353
GREENTREE PROPERTY MANAGEMENT Scott Moore 415-828-8757 www.greentreepmco.com
property management 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
PAUL LANGLEY COMPANY Misha Langley 415-431-9104 x 301 misha@plco.net
AMERICAN MARKETING SYSTEMS INC. Robb Fleischer 415-447-2020 www.amsires.com
PONTAR REAL ESTATE Merri Pontar 415-421-2877 www.pontarrealestate.com
CECCHINI REALTY CO. Dante Cecchini, CCRM www.cecchinirealty.com
PROGRESSIVE PROPERTY GROUP Dace Dislere & Joe Gillach 415-515-4329
415-550-8855
CITYWIDE PROPERTY MANAGEMENT Carol Cosgrove 415-552-7300 www.citywidesf.com DEWOLF William Talmage www.dewolfsf.com
415-221-2032
GAETANI REAL ESTATE Paul Gaetani 415-668-1202 www.gaetanirealestate.com GREENTREE PROPERTY MANAGEMENT 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 LINGSCH REALTY Natalie M. Drees www.lingschrealty.com
54
415-648-1516
415-441-1200
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 hoganvest.com
415-421-7116
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
PROPERTY MANAGEMENT SYSTEMS Michelle L. Horneff-Cohen 415-661-3860 www.propertymanagementsystems.net
JD MANAGEMENT GROUP, INC. Jonathan Davis 510-387-7792 jonathan.davis@jdmginc.com
REAL MANAGEMENT COMPANY J.J. Panzer 415-821-3167 www.RMCsf.com
LINGSCH REALTY Natalie M. Dress www.lingschrealty.com
415-648-1516
S&L REALTY Robert Link www.slrealty-sf.com
MERIDIAN MANAGEMENT GROUP Randall Chapman 415-434-9700 www.mmgprop.com
415-386-3111
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
members APRIL 2022 | SF APARTMENT MAGAZINE
(707) 584-5123
MICSPACES, INC. Naeem Farhokhnia naeem@mlcspaces.com
818-404-8996
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
WOOD PARTNERS Melissa Rankin 628-251-1101 melissa.rankin@woodpartners.com
PRIME METROPOLIS PROPERTIES, INC. Tom Chan 415-731-0303 tomchan@pmp1988.com
YMPG Yelena Gelzer 415-260-6325 yglezer@ympg-management.com
PROEQUITYAM Frank Bumbalo frank@proequityam.com
PROPERTY MANAGEMENT SOFTWARE
415-531-2669
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 MANAGEMENT GOLDEN GATE Kaveh Gorgani 415-413-3827 kaveh@rnbemail.com www.rnbgoldengate.com SAN FRANCISCO RENTAL CONCIERGE Danielle Mahoney 415-532-0041 danielle@sfrentalconcierge.com www.sfrentalconcierge.com SHARVEST 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 Corey Eckert 415-794-0064 www.structureproperties.com SUTRO PROPERTY MANAGEMENT, INC. Salman Shariat 415-341-8774 www.SutroProperties.com THRIVE PROPERTY MANAGEMENT, INC. Giovani Franco 650-296-3880 www.thrivecommunities.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
APPFOLIO Mindy Sorenson 805-364-6098 mindy.sorenson@appfolio.com HEMLANE, INC. Dana Dunford dana@hemlane.com
385-355-4361
YARDI Kelly Krier kelly.krier@yardi.com
805-699-2040
REAL ESTATE APPRAISALS MARK WATTS COMMERCIAL APPRAISAL Mark Watts 415-990-0025 www.markwattscommercialappraisal.com
REAL ESTATE BROKERS & AGENTS
ALAIN PINEL INVESTMENT GROUP Mirella Webb 415-814-6699 mwebb@apr.com BERKSHIRE HATHAWAY FRANCISCAN PROPERTIES Edward Milestone 415-994-5969 MilestoneRealEstateSF@gmail.com BIG TREE PROPERTIES Evan Matteo 415-305-4931 evan@bigtreeproperties.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
EXP COMMERICAL Jeremy Williams 415-932-9846 jeremy@jeremywilliams.com www.sfcommercialrealty.com 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 jason@iconsf.com
(415) 370-7077
KILBY STENKAMP-VANGUARD PROPERTIES Kilby Stenkamp 415-370-7582 LESLIE BURNLEY Leslie Burnley leslie.j.burnley@gmail.com leslieburnley.com
415-717-8709
MARCUS & MILLICHAP Sanford Skeie 415-625-2153 www.marcusmillichap.com MORGAN REAL ESTATE ADVISORS, INC. Laurence Morgan 415-300-6503 laurence@morganrealestateadvisor.com www.morganrealestateadvisor.com NEWMARK KNIGHT FRANK Matthew C. Sheridan 415-273-2179 aptgroupsf.com S&L REALTY Robert Link www.slrealty-sf.com
415-386-3111
STEELE PROPERTIES Ryan Steele 415-881-7762 www.steeleproperties.com W. REAL ESTATE Tim Mueller 415-961-6531 timothymueller@hotmail.com WEST & PRASZKER REALTORS Michael Klestoff 415-312-2245 klestoffmre@aol.com
COLLIERS INTERNATIONAL Payam Nejad 415-288-7872 www.colliers.com/payam.nejad
VANGUARD COMMERCIAL Allison Chapleau 415-516-0648 allison@allisonchapleau.com www.allisonchapleau.com
COMPASS COMMERCIAL BROKERAGE John Antonini 415-794-9510 john@antoninisf.com
ZEPHYR REAL ESTATE Dawn Cusulos 415-678-8854 dawncusulos@zephyrre.com
COMPASS COMMERCIAL BROKERAGE Chris J. Connor chris.oconnor@compass.com
REAL ESTATE INVESTMENTS
COMPASS COMMERCIAL BROKERAGE Adam Filly 415-516-9843 adam@adamfilly.com COMPASS COMMERCIAL BROKERAGE John Kirkpatrick (425) 412-0559 john.kirkpatrick@compass.com www.johnkirkpatrick.com COMPASS COMMERCIAL BROKERAGE Jay Greenberg (415) 378-6755 jay@jayhgreenberg.com CORCORAN GLOBAL LIVING COMMERCIAL Terrence Jones 415-786-2216 terrence@terrencejonesSF.com www.terrencejones.com
COMPASS COMMERCIAL BROKERAGE Trigg Splenda 415-593-8616
MARCUS MILLICHAP Clinton C. Textor III 415-425-9123 www.marcusmillichap.com
REFINISHING / RESURFACING SERVICE
MIRACLE METHOD OF SAN FRANCISCO Claire Gray 415-673-4211 www.miraclemethod.com
RENT BOARD PETITIONS
PROPERTY MANAGEMENT SYSTEMS Michelle L. Horneff-Cohen 415-661-3860 www.propertymanagementsystems.net
SF APARTMENT MAGAZINE | APRIL 2022
55
sfaa sfaa 2022 membership application
Thank you for joining the San Francisco Apartment Association. SFAA is dedicated to educating, advocating for and supporting the Rental Housing Community so that its members operate ethically, fairly and profitably. Please consult a tax preparer in advance to determine deductibility for your tax situation. Membership fees are subject to change. MEMBERSHIP LEVEL & COST
Units
Base Fee
Units Fee
$425 +
$7 per unit =
23 +
$380 +
$9 per unit =
TOTAL UNIT AMOUNT:
TOTAL AMOUNT:
Base Fee
1-22
$525 +
$4.50 per unit =
$480 +
$6.50 per unit =
TOTAL UNIT AMOUNT:
(844) 459-1495
HRH REAL ESTATE SERVICES CORPORATION Renee A. Engelen (415) 810-6020 www.hrhrealestate.com
949-702-1508
BERENDT PROPERTIES Craig Berendt 415-608-3050 www.berendtproperties.com GORDON CLIFFORD PROPERTIES, INC. PatrickClifford 415-613-7694 patrick@gcpropertiessf.com
TOTAL AMOUNT:
ASSOCIATE MEMBER DUES: $499
HAMILTON FAMILY CENTER Mayo Lunt 510-763-8540 x230 www.hamiltonfamiles.org
CONTACT INFORMATION Contact Person
HRH REAL ESTATE SERVICES CORPORATION Renee A. Engelen (415) 810-6020 www.hrhrealestate.com
Company/Title Address City
State
J. WAVRO ASSOCIATES James Wavro www.jwavro.com
Zip
Mobile Phone Email Address
Amex
MC
Visa
415-509-3456
KENNEY AND EVEREST REAL ESTATE, INC. Maureen Kenney 415-929-0717 maureen@kenneyrealestate.com
Website PAYMENT METHOD
Check
COSTAR Aj Herlitz www.costargroup.com aherlitz@costar.com
RESIDENTIAL LEASING
Unit Fee
23 +
RENTAL LISTING SERVICES
ZUMPER, INC. Connor Hodges connor@zumper.com www.zumper.com
MANAGEMENT COMPANY DUES Units
RENT BOARD PASSTHROUGHS Kim Boyd Bermingham 415-333-8005 www.rentboardpass.com
REALPAGE Stacey Blackwell 972-820-3015 stacey.blackwell@realpage.com www.realpage.com
REGULAR MEMBER DUES
1-22
REAL MANAGEMENT COMPANY Melinda Greene 415-230-8895 www.RMCsf.com
3 Digit Security Code
Card #
Expiration Date
Cardholder Name
Billing Zip Code
Authorized Signature
Date HOW DID YOU HEAR ABOUT US?
Referral From
Postcard/Mailer
Magazine
Website
Rent Board
Other
LINGSCH REALTY Natalie M. Drees www.lingschrealty.com RELISTO Eric Baird www.relisto.com eric@relisto.com
415-648-1516
415-236-6116, x101
RENTALS IN S.F. Jackie Tom www.rentalsinsf.com
415-409-3263
RENTSFNOW Claussen kclaussen@veritasinv.com
415-762-0213
STRUCTURE PROPERTIES Corey Eckert 415-794-0064 www.structureproperties.com
SECURITY
San Francisco Apartment Association 265 IVY STREET | SAN FRANCISCO, CA | 94102 | PHONE 415-255-2288 | FAX 415-255-1112
56
APRIL 2022 | SF APARTMENT MAGAZINE
ADT SECURITY MULTIFAMILY Jeanette Mendez (817) 776-0301 jjmendez@adt.com TRKA AMERICAS Isabella Restrepo irestrepo@trakausa.com
407-735-1728
SECURITY DEPOSIT ALTERNATIVES THE GUARANTORS Jules Thetford jules@theguarantors.com
214-403-2792
SEISMIC RETROFIT & STRUCTURAL ENGINEERING THE GUARANTORS Jules Thetford jules@theguarantors.com
214-403-2792
BAI CONSTRUCTION Behnam Afshar 510-595-1994, x101 www.baiconstruction.com W. CHARLES PERRY Charles Perry www.wcharlesperry.com
650-638-9546
WEST COAST PREMIER CONSTRUCTION, INC. Homy Sikaroudi, PhD, PE 510-271-0950 www.wcpc-inc.com
SUBMETERS
LIVABLE Daniel Sharabi www.livable.com
415-937-7283
TENANT PLACEMENT & LISTING
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?
ALARM COMPANIES
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Adapt Dwellings Openscope Studio ATTORNEYS
Dowling & Marquez, LLP Fried, Williams & Grace Conner LLP Kaufman, Dolowich & Voluck Rhino Process Serving, LLC Zacks, Freedman & Patterson, PC BANKING & LENDING SERVICES
Luther Burbank Savings CONTRACTORS
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Rent Board Passthroughs
West Coast Property Management 41
PROPERTY MANAGEMENT SOFTWARE
Yardi Breeze 25 46 61 59 58 10 47 49 65 64
10 65 64
19
REAL ESTATE BROKERS
Amore Real Estate 61 Coldwell Banker Commercial / McGue 13 Colliers / Devincenti 2 Compass / Antonini 67 Compass / Bonn & Webb 17 Compass / Filly 11 Compass / Greenberg & Splenda 3 Compass / Pugh 41 Corcoran / The Jones Team 15 HRH Real Estate 62 Kay Properties 33 Marcus & Millichap 26-27 Newmark / Sheridan 31 Vanguard Commercial / Chapleau 9 Vanguard Properties / Stack 32 UTILITIES BILLING SERVICES
Livable 48 65
62
59
Acceptance of an advertisement by this magazine does not necessarily constitute any endorsement or recommendation by SFAA, express or implied, of the advertiser or any goods or services offered. Advertisers in red are Associate Members of SFAA.
32
PROPERTY MANAGEMENT & MAINTENANCE & RESIDENTIAL LEASING
Gaetani Real Estate, Inc. Maven Maintenance Real Management Company Rentals in SF Structure Properties Vertex Properties
68 39 47 46 12 6
SF APARTMENT MAGAZINE | APRIL 2022
57
Sacramento Report… continued from page 18
attempts to change a law important to owners in strict rent control communities.
AB 2527 CAA stopped AB 2527, legislation that
Founded 35 years ago, Kaufman, Dolowich & Voluck is an internationally recognized litigation firm, meeting the diverse demands of our clients. The Bay Area’s complicated and fast-moving real estate industry presents property owners with exceptional opportunities and challenges. KDV’s real estate practice provides a full spectrum of services, allowing clients to rely on one firm for all of their real estate needs.
would have prohibited landlords from using credit reports as part of the tenantscreening process. At the request of CAA, Assemblymember Sharon Quirk-Silva (DFullerton) agreed to shelve the proposal. AB 2527 would have prohibited property owners from asking about anything that would be included in a report, such as payment history or evictions.
Ashley E. Klein
“A credit report is the primary tool a rental
Managing Partner of San Francisco Office Co-Chair of Real Estate Practice Group
property owner has to make the most ob-
Ashley E. Klein represents clients ranging from real estate investment trusts, homeowners in wrongful eviction defense, unlawful detainer, and property management matters. She counsels Bay Area homeowners about their rights and options under the SF Rent Ordinance, statewide rent control regulations and the Costa-Hawkins Rental Housing Act.
opposition letter.
Landlord-Tenant Disputes
A. Jeanne Grove
Managing Partner of Sonoma Office Co-Chair of Real Estate Practice Group HOA Disputes
A. Jeanne Grove focuses her practice on real estate and business litigation, including HOA and co-ownership issues, purchase/sale disputes and nondisclosure claims, and boundary, title, development, and construction matters. She has 15 years of experience in mediation and arbitration, as well as all phases of civil litigation, from the pleading stage to trial and post-trial proceedings.
Laura L. Campbell Attorney
Land Use Disputes Laura L. Campbell has extensive experience in landlordtenant litigation. She represents clients in breach of contract matters, quiet title actions, unlawful detainer lawsuits, tenant buy-out negotiations, and property management resolutions. She specializes in SF Rent Board matters, and routinely handles lot splits, mergers public hearings, zoning issues and ADU permitting.
jective determination about the ability of a potential tenant to pay the rent,” says a CAA
While AB 2527 is off the table, two other bills that take aim at using credit reports during tenant screening remain at play: AB 2203 by Assemblymember Luz Rivas (D-San Fernando Valley), and SB 1335 by Senator Susan Eggman (D-Stockton). These bills, however, would be limited to instances involving a government rent subsidy. Stay tuned for updates on these proposals and ways you can help CAA’s opposition. For more information, visist caanet.org Debra Carlton is the Executive Vice President of State Government Affairs and Compliance at the California Apartment Association. Mike Nemeth is the Director of Communications at the California Apartment Association.
Go Online!
San Francisco, CA Office 425 California Street, Suite 2100 • San Francisco, CA 94104 (415) 926-7600 • aklein@kdvlaw.com Sonoma, CA Office 19327 Sonoma Highway, Suite 100 • Sonoma, CA 95476 (707) 509-5260 • jgrove@kdvlaw.com • lcampbell@kdvlaw.com
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APRIL 2022 | SF APARTMENT MAGAZINE
Find more information on SFAA classes, apartment industry news & excerpts from SF Apartment Magazine at www.sfaa.org
If Only Your ADU Could Bill Itself... Now it can! Join Livable and never worry about pro-rata utility billing again. Go to: www.livable.com/SFAA to Learn More!
SF APARTMENT MAGAZINE | APRIL 2022
59
sfaa sfaa 2022 What You Need to Know
The Outsource Workforce… cont. from pg. 36
of the 24/7 nature of emergencies. When an emergency arises, the tenant calls the fire department, police department, or the landlord. A tenant calls the landlord when the emergency relates to a home repair, such as an active water leak or no air conditioning in sweltering weather. As much as a landlord can avoid being available 24/7, the better. A repair coordina-
2022 SFAA UPDATES
VIRTUAL MEMBER MEETING WEDNESDAY, APRIL 20 9:00 A.M.
tion team will provide around-the-clock professional support. Rental Showings: The second task that landlords seek to outsource is rental showings to prospective tenants. Many rental property owners have limited time, and visiting a property multiple times in a week can be disruptive, especially when tenants
ANNUAL SPRING TRADE SHOW “In Person” THURSDAY, MAY 12 2:00 P.M. TO 5:30PM Fort Mason Center 2 Marina Blvd, Gallery 308
reschedule or cancel showings. For this reason, landlords seek to find a leasing agent or a safe keyless entry system (designed for tenant properties). This cuts down on lost time and inefficiencies of misaligned calendars. It’s important to note that many landlords still like to meet the qualified tenants who have been accepted into their rental, but they don’t have to host every in-
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 50.
person showing. Evictions: The final task that landlords outsource is evictions. The eviction process is incredibly emotional and can cause immense anxiety. Some landlords use a process server to post their notices, reducing
SFAA OFFICE CLOSURE While the SFAA office remains closed to the public, staff is working round-the-clock to keep the nonprofit running. Timely payment of membership dues is necessary to help the association help you. Email MemberQuestions@sfaa.org to have your questions and concerns promptly addressed.
overall fees, while other landlords use an attorney to help them through the entire process. This is a time when a landlord is not getting their passive income and dealing with a situation where their asset may be damaged. While it’s important to avoid this situation through proper screening measures and communication, it’s best to outsource the necessary proceedings in the rare instance that you are dealing with an eviction.
About Hemlane Hemlane, a San Francisco company, launched in 2015. We offer flexible prop-
San Francisco Apartment Association 265 IVY STREET | SAN FRANCISCO, CA | 94102 | PHONE 415-255-2288 | FAX 415-255-1112
erty management solutions for owners to find and place tenants and manage tenant relationships. Hemlane provides a plugand-play service to give landlords freedom
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APRIL 2022 | SF APARTMENT MAGAZINE
from the day-to-day of their rental properties while giving transparency and control back to the landlord. The Hemlane platform has software, access to leasing agents, repair coordination services, and other helpful resources. Hemlane’s software automates everything from advertising rentals to troubleshooting repair requests. Our leasing agent network is the largest in the United States. We provide owners with a list of vetted leasing profes-
FOR ALL YOUR REAL ESTATE NEEDS
sionals to help with showings and other tenant-placement needs. Our in-house
SERVING SAN FRANCISCO PROPERTY OWNERS FOR OVER 60 YEARS
repair coordination team is 24/7, giving landlords peace of mind.
SALES INVESTMENTS PROPERTY MANAGEMENT
A fellow SFAA member recently shared that Hemlane was “The only platform that we felt truly protected on, as landlords who are conscious about legal concerns around allowing online payments… We greatly appreciate that the software is easy to use for our tenants, and so far, they re-
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ally appreciate the functionality of it! It’s made communication and processes so much more seamless!” Hemlane is affordable, starting at $30/ month, and 5-star rated. Rental property owners also receive a 30-day risk-free trial to discover first-hand the latest innovations in property management technology. Dana Dunford is the CEO and co-founder of Hemlane.
Be On Your A Game. 4
Sign up for SFAA classes at www.sfaa.org or by calling 415-255-2288. SF APARTMENT MAGAZINE | APRIL 2022
61
40 YEARS OF EFFECTIVE, HANDS ON EXPERIENCE!
Give 10 Get 10! Give us 10 minutes of your time, learn how we can increase your bottom line and get a Starbucks gift card on Us!
Renee A. Engelen, DRE 01879547
(415) 810-6020 INFO@HRHREALESTATE.COM
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APRIL 2022 | SF APARTMENT MAGAZINE
PROVEN EXPERTISE IN: PROPERTY MANAGEMENT PROPERTY LEASING SALES & ACQUISITIONS CONSULTING PROJECT MANAGEMENT CONTRACT NEGOTIATIONS
PRESIDENT Professional Property Managers Association of San Francisco
sfaa’s
New Rent Control Laws Come learn about the new and very aggressive laws that our local Board of Supervisors has recently passed. For example, did you know that commercial tenants who were legally required to shut down due to COVID-19 may be excused from ever having to pay rent that came due during the shutdown? In addition, despite state legislation to the contrary, you may be forever restricted from evicting residential tenants for nonpayment of rent if they paid at least 25% of the rent owed even if you were not reimbursed by the rent relief fund. With the Sheriff ’s Office refusing to enforce most eviction judgments and the state laws governing tenant rent relief undergoing major changes in mid-June, you may want to learn how to navigate your property operations during these unprecedentedly challenging times. INSTRUCTORS: Dave
Wasserman, Wasserman San Francisco, and Curtis Dowling, Dowling & Marquez LLP
DATE & TIME:
Friday April 8, 2022 10:00 a.m. to 12:00 p.m. COSTS:
Members: $45 Non-Members:$65
REGISTRATION:
Webinar: Once you complete registration you will be sent a separate link to register for the Zoom system. For more information, contact Stephanie Alonzo at 415.255.2288 x113 or stephanie@sfaa.org
sfaa’s Managing Tenants to Avoid Liability Webinar MANAGING TENANTS TO AVOID LIABILITY
Dealing with unforeseen liability involves proper legal asset protection and proactive tenant management. Top attorneys Brad Barth and Steve Williams join forces to bring you this eyeopening webinar full of actionable tools and strategies to protect yourself. You will learn about inside vs outside liability, how to handle a tenant complaint, dealing with Covid related liability issues and much more. INSTRUCTOR: Brad
Barth, Barth-Calderon; and Steve Williams,
Fried & Williams
DATE & TIME:
WEBINAR:
COSTS:
For more information, contact Stephanie Alonzo at 415-2552288 x113 or stephanie@sfaa.org.
Thursday April 21, 2022 12:00 p.m. to 1:00 p.m. Members: $45 Non-Members:$65
Once you complete registration you will be sent a separate link to register for the Zoom system.
SF APARTMENT MAGAZINE | APRIL 2022
63
Build to Boost… continued from page 24
open to providing functionality feedback or concerns from your experience as a property owner. Decrease in services: Your project should not remove any tenant amenities, including but not limited to laundry, parking spaces leased to current residents, or bike rooms. Amenities can be relocated within the building, and unoccupied parking can be removed. Parking leased to non-occupants of the building can also be removed. Contact an attorney if you have additional questions about this. Have patience: Permit approval often takes longer than expected. Be patient. While state law says ADU permits need to be reviewed within a prescribed timeline, most permits in San Francisco are reviewed through the local ADU program, which doesn’t have a timeline attached. There have been many successful ADU projects in San Francisco, and the right project starts with setting the right expectations. While construction costs are high, it is still possible to build ADUs at a significantly lower cost than the value of the units in many buildings. It’s also a great way to make other improvements to the building that will increase the long-term marketability of the existing units in the building. Mark Hogan AIA is an architect and a principal at OpenScope Studio in San Francisco. OpenScope Studio wrote the Accessory Dwelling Unit (ADU) Handbook for the San Francisco Planning Department and has worked on designing ADUs for over 50 apartment buildings in San Francisco.
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APRIL 2022 | SF APARTMENT MAGAZINE
SFAA Needs You.
Support SFAA’s legal challenges to unjust legislation by donating to the SFAA Legal Fund. SFAA needs to stay relevant to remain effective. Help to further grow the legal fund. It will make a difference. Check out sfaa.org/Public/Fundraising/Give_Now to find out more. *SFAA Legal Fund donations are tax deductible. Follow SFAA on Twitter at www.twitter.com/SFAptAssoc.
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415.775.8513 SF APARTMENT MAGAZINE | APRIL 2022
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2022 Spring CCRM Webinar Night Series Schedule & Registration Course Course Name #
Date
PRICE
Time
Member
# of NonTotal Member Attendees
Series
Full CCRM Series (Value Savings)
PMR100
Introduction to Ethical Property Management
4/12/2022
6PM-9PM
$85.00
$100.00
PMR101
Renting the Property
4/19/2022
6PM-9PM
$85.00
$100.00
PMR102
Beginning and Maintaining the Tenancy
4/26/2022
6PM-9PM
$85.00
$100.00
PMR103
Renewal of Tenancy and Ending the Tenancy
5/3/2022
6PM-9PM
$85.00
$100.00
PMR104
Maintenance Management: Maintaining the Property
5/10/2022
6PM-9PM
$85.00
$100.00
PMR105
Liability & Risk Management
5/17/2022
6PM-9PM
$85.00
$100.00
PMR106
Budget Development and Implementation
5/24/2022
6PM-9PM
$85.00
$100.00
PMR107
Fair Housing: It’s the Law
5/31/2022
6PM-9PM
$85.00
$100.00
PMR108
Professional Skills for Supervisors
6/7/2022
6PM-9PM
$85.00
$100.00
EXAM
CCRM Final Exam
6/14/2022
6PM-9PM
FREE
See schedule below
Class Location Zoom Webinar System Upon registration the Zoom link will be emailed to the student Class is every Tuesday Instructor: Ryan Patrick, Wiegel Law Group
FREE
Total Due:
To Register
Online: www.sfaa.org Call: 415-255-2288 x110 Email: maria@sfaa.org
(includes 9th Edition Managing Rental Housing textbook, CCRM binder and Welcome Packet; does not include the $75 CCRM application fee)
Attendee Information: o Member
Attendee Name:
Title:
Company Name:
Address
City:
Phone:
Fax:
E-Mail:
Local Association ID Number:
Payment Information: o Credit Card
Zip:
o Mailing Check o Series Invoicing (members only benefit)
Credit card number: Signature:
o Non Member
Exp. Date 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.
66
caanet.org events@caanet.org
APRIL 2022 | SF• APARTMENT MAGAZINE 800.967.4222 980 Ninth Street, Suite 1430 • Sacramento, CA 95814
JOHN ANTONINI + DANIEL FOLEY MULTIFAMILY + MIXED-USE + ADD-VALUE "A ship is safe in the harbor, but that's not what ships are for." - John Shedd
FO R SA L E 2074-2078 Bush Street Classic Victorian located in Lower Pacific Heights Three Units, Two Vacant One block from Fillmore St + Japantown Well Maintained Original Charm
2301 Webster Street Six Unit Mixed-Use Building Pacific Heights Neighborhood Four Residential Units + Two Commercial Units One block from Fillmore Shopping & Restaurants John Antonini
Daniel Foley
415.794.9510
415.866.7997
john@antoninisf.com
daniel@danielfoley.com
www.antoninisf.com
www.danielfoley.com
DRE 01842830
DRE 01866714
Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License number 01527235. All material presented herein is intended for informational purposes only and is compiled from sources deemed
SF APARTMENT MAGAZINE | APRIL 2022
reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate.
67
TO MOST PEOPLE, THIS BUILDING’S KEY FEATURE IS ITS IMPRESSIVE FACADE
*
TO YOU, IT’S THE FOUNDATION FOR A SECURE RETIREMENT. 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 own 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.
gaetanirealestate.com 415.668.1202