magazine April 2024 / $7.00
LINE
SF APARTMENT
COSTA-HAWKINS ON THE
House of CARDS
The trusted advisor to San Francisco Apartment Building Owners For over 30 years. Devincenti | Lagomarsino | Dolby | San Francisco Multifamily For More Information, contact: Brad Lagomarsino +1 415 288 7847 brad.lago@colliers.com lic. 01058500 Dustin Dolby +1 415 288 7869 dustin.dolby@colliers.com lic. 01963487 James Devincenti +1 415 288 7848 j.d@colliers.com lic. 00951916 Payam Nejad +1 415 288 7872 payam@colliers.com lic. 01372042 Ryan O'Keefe +1 415 288 7806 ryan.okeefe@colliers.com lic. 02122038 [ For more information on our properties, please visit www.thedlteam.com ] RECENTLY SOLD 14677thAve| 15Units Tenderloin 425 Hyde St | 25 Units Haight Ashbury 635AshburySt | 8Units Proposition C - Commercial Multifamily Tax Repercussions Download the Full Report! Visit thedlteam.com/report or call us below for more information Why should you care? space to residential use in downtown San Francisco has been labeled not economically viable due to the high cost of conversion compared to the value of current use. Proposition C on the March 2024 ballot, aims to reduce these concerns by incentivizing property tax exemptions. Through these Francisco’s commercial multifamily market could see a dramatic shift in supply, ultimately From Our Q1 2024 Market Report: Inner Sunset 25% MENTAL HEALTH & ADDICTION SERVICES 15% PREVENTION 10% CLEAN STREETS, BATHROOMS & SHELTERS 50% HOUSING
AsanestablishedandrecognizedleaderInthe SanFranciscoapartmentsalesmarket, MYTEAMANDIAREHEREFORYOU.
Client Testimonial: Jay Greenberg set a standard that represents the highest level in the industry.
“Real Estate represents motivations that are deep and powerful. The Realtors we choose have important consequences. Having worked in SF Real Estate for 30 years, I encountered many realtors. Of all the realtors I met, Jay Greenberg set the gold standard. Rarely can we trust a man’s word in professional situations, and with Jay we can do just that. Whether you are a buyer or seller, whether you’re in this profession for one transaction or many, my experience is you will find no one better than Jay Greenberg.”
- Seller (21 Units) Hayes Valley
JAYGREENBERG
SeniorDirector
JAYGREENBERG
415.378.6755 jay@jayhgreenberg.com DRE01049568
APA 28 Features 20 Election Reflection by CHARLEY GOSS 28 Talk of the Town by VARIOUS AUTHORS contents SF APARTMENT magazine
SF APARTMENT MAGAZINE | APRIL 2024 5 8 The News Pave the Way 12 Rent Board Redux What’s Mine Is Yours by THE SAN FRANCISCO RENT BOARD 16 Surreal Estate Here Today, Gone Tomorrow by JUSTIN A. GOODMAN 34 Legal Q&A Shady Plot by VARIOUS AUTHORS 20
Columns Membership 40 Calendar 42 Professional Services Directory 48 Membership Application
ARTM
6 APRIL 2024 | SF APARTMENT MAGAZINE Leasing • Management • Project Management Vertex Property Group • 545 Francisco Street • San Francisco, CA • 94133 • 415.608.3050 • Vertexsf.com 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. ANYONE CAN MANAGE YOUR PROPERTY. WE’D RATHER PROTECT YOUR INVESTMENT.
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 Gershay Castaneda
Member Services Maria Shea
Accountant Crystal Wang
SFAA Officers
President J.J. Panzer
Vice President Robert Link
Treasurer Chris Bricker
SFAA Directors
Eric Andresen, Oz Erickson, Craig Greenwood, Neveo Mosser, Bert Polacci, James Sangiacomo, Kent Mar, Dave Wasserman, Paul Gaetani
SF APARTMENT MAGAZINE | APRIL 2024 7 Published by San Francisco Apartment Association Publisher Vanessa Khaleel Editor Pam McElroy Art Director Jéna Safai Production Manager Stephanie Alonzo Tel 415-255-2288 Web www.sfaa.org SF Apartment Magazine (ISSN 1539-8161) Periodicals Postage Paid at San Francisco, California and at additional mailing offices. POSTMASTER: Send address changes to the SF APARTMENT MAGAZINE, 265 Ivy Street, San Francisco, CA 94102. The SF Apartment Magazine is published monthly for $84 per year by the San Francisco Apartment Association (SFAA), 265 Ivy Street, San Francisco, CA 94102. The SF Apartment Magazine is not responsible for the return or loss of submissions or artwork. The magazine does not consider unsolicited articles. The opinions expressed in any signed article in the SF Apartment Magazine are those of the author and do not necessarily reflect the viewpoint of the SFAA or SF Apartment Magazine. This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is sold with the understanding that the publisher is not engaged in rendering legal, accounting or other professional services. If legal service or other expert assistance is required, the services of a competent person should be sought. Acceptance of an advertisement by this magazine does not necessarily constitute any endorsement or recommendation by the SFAA, express or implied, of the advertiser or any goods or services offered. Published monthly, the SF Apartment Magazine is distributed to the entire
by Printing Partners Copyright
by SFAA.
membership of the SFAA. The contents of this magazine may not be reproduced without permission. Publisher disclaims any liability for published articles. Printed
@2024
magazine VOLUME XXXV, NUMBER 4 APRIL 2024
Pave the Way
Treasure Island and Downtown are gearing up for revitalization.
Treasure Island Development
Mayor London Breed and Supervisor
Matt Dorsey introduced legislation in March to ensure that Treasure Island, the single largest source of new housing in the Bay Area, stays on track and continues to deliver new homes at all income levels.
With over eight thousand units slated for construction, Treasure Island is pivotal to San Francisco’s Housing Element goal of 80,000 new units by 2030. The proposed amendments to the project agreement aim to facilitate a seamless transition from Phase 1, initiated in 2015, to Phase 2. The 2011 Disposition and Development Agreement (DDA) envisioned transforming the island into a vibrant San Francisco neighborhood, complete with over eight thousand units, expansive green spaces, and sustainable infrastructure.
Over the past three years, nearly one thousand new homes have been built, opened, or are under construction. A new seawall and ferry terminal have been built, and regular daily ferry service is ongoing from Downtown San Francisco. New public parks
have opened and more are underway. A variety of new businesses are locating on the island as the new neighborhood evolves.
The proposed DDA amendments encompass several key provisions:
•Preservation of the existing public bene ts package approved in 2011, including the mandatory a ordable housing quota of 27.2%.
•Updating outdated sections of the DDA to align with the project’s current timeline and recent development agreements within the city.
•Expedited utilization of Treasure Island-generated tax revenues to support ongoing project nancing amidst prevailing economic conditions.
•Strategic cost deferrals to enhance near-term nancial feasibility.
•Streamlined permit review processes and other City-driven deliverables to expedite project implementation.
Currently, twenty-four construction trades are actively engaged on Treasure Island and Yerba Buena Island, with more than 1,400 union workers collectively contributing over 300,000 hours towards the project’s realization. The City’s private sector partner, Treasure Island Community Development (TICD), has already invested substantial resources in delivering critical infrastructure and homes to ensure the island’s long-term viability.
Noteworthy revisions to the Disposition and Development Agreement include:
•Front-loading City-supported capital funds to accelerate nancing for Stage 2 infrastructure.
•Structuring bonds over the next three to ve years based on development milestones to fund eligible infrastructure costs.
•Adjusting triggers for critical facilities, such as a new Police/Fire station and an SFUSD campus, in response to post-pandemic development pace.
•Deferred inclusionary units from Stage 2 to future phases while maintaining essential a ordable housing and behavioral health projects.
•Re nement of the Area Median Income (AMI) range for inclusionary units to ensure greater a ordability.
•Updates to building design controls to enhance constructability and comply with recent building code changes.
8 APRIL 2024 | SF APARTMENT MAGAZINE
COLUMN T H E N E WS
SF APARTMENT MAGAZINE | APRIL 2024 9 Considering Selling a Multi-Unit Property? Allison specializes in the sale of multi-unit, mixed-use and commercial properties in San Francisco. With over 22 years of experience selling investment properties, she can help maximize the value of your property. Compass Commercial | 415.516.0648 | License: 01369080 allison@allisonchapleau.com | allisonchapleau.com ALLISON CHAPLEAU MULTI-UNIT. MIXED-USE. COMMERCIAL. List. Market. Sell. L LISTED & SOLD 6 Units in Alamo Square $2,500,000 8 Units in Noe Valley $2,190,000 3 Units in the Inner Sunset $2,350,000 4 Units in the Richmond $2,000,000 6 Units Lower Pac Heights $2,150,000 8 Units in NOPA $3,562,500 4 Units in Parkside $1,450,000 4 Units in Haight Ashbury $1,725,000 6 Units in Portola $1,050,000 2 Units in Cole Valley $1,800,000 2 Units in Dolores Heights $1,850,000 2 Units in the Richmond $1,450,000 4 Units in SOMA $1,330,000 2 Units in the Lake District $2,500,500 4 Units in Noe Vall nits in Noe Valley $2,000,000 $2,000, 2 Units in the Inner Sunset n S $1,350,000 $1,350,00 24 Units in NOPA $6,625,000 2 Units in Ashbury Heights $3,100,000 The Chapleau Group Nattalie Meyeers Rebecca Stack Sta ALLISON CHAPLEAU MULTI-UNIT. MIXED-USE. COMMERCIAL. 4 Units in the Richmond $1,830,000 6 Units in Hayes Valley $3,750,000
Downtown Revival Plan
In her recent State of the City address, Mayor London Breed unveiled the 30x30 Initiative, aiming to invigorate San Francisco’s struggling downtown by attracting 30,000 residents and students by 2030.
Breed acknowledged the city’s economic reliance on industries operating from downtown o ces. That dependence was made clear at the onset of the pandemic, with a persistent downtown o ce vacancy rate exceeding 30% due to the shift to remote work. Still, Mayor Breed remains optimistic about the role of technology rms, highlighting AI’s projected twelve million square feet of o ce space by 2030.
“We are recruiting new businesses and continuing to see new leases signed—led by AI, which alone is projected to add twelve million square feet of o ce space by 2030,” Breed said. “And it won’t be AI alone. This is one of the most beautiful urban environments in the world, with an unrivaled pool of talent, of builders and dreamers, and the largest collection of deployable capital in the country.”
Breed plans to collaborate with state Senator Scott Wiener to advocate for regulatory and tax exemptions for downtown building conversions, facilitating increased housing production. She also pledged to veto any legislation hindering housing development.
Senate Bill (SB) 1227, introduced by Senator Scott Wiener on February 15, 2024, would help speed the recovery of downtown San Francisco by creating a new California Environmental Quality Act (CEQA) exemption for qualifying commercial, institutional, mixed-use, and student housing development projects in the Downtown Revitalization Zone, which includes the Financial District, Union Square, Eastern SOMA, Mid-Market, and Civic Center neighborhoods. This exemption seeks to streamline development, speci cally middle-income housing.
SB 1227 introduces a property tax exemption to encourage moderate-income
housing creation in the same zone. The exemption o ers partial relief based on the percentage of units designated for moderate-income households—subject to a ordability criteria and ownership by eligible entities—aiming to spur development in areas crucial to the city’s economic vitality. While primarily targeting housing, the CEQA exemption extends bene ts to commercial, institutional, and mixed-use developers.
Join the San Francisco Civil Grand Jury
San Francisco Superior Court is seeking volunteers for the Civil Grand Jury. The Civil Grand Jury is the “watchdog” for the City and County of San Francisco. The Civil Grand Jury investigates the operations of City government, including o cials, departments, and agencies. Each year, the Civil Grand Jury reports its ndings, and these reports are heard before the Board of Supervisors.
Civil Grand Jurors serve for one year, from July 1 through June 30 of the following year.
Eligibility requirements:
• Eighteen years of age or older and a United States citizen
• San Francisco resident for at least the past twelve months
• Ability to commit time consistently throughout the term
• Desire to work together with other committed San Franciscans
This is your chance to help make our local government more e cient. For more information, visit sf.gov/ apply-join-civil-grand-jury.
Annual Allowable Rent Increase 1.7%
E ective March 1, 2024, through February 28, 2025, the allowable annual rent increase is 1.7%. This amount is based on a 60% increase in the Consumer Price Index for all urban consumers in
the Bay Area. To calculate the allowable rent increase, multiply the tenant’s base rent by .017.
For example, if the tenant’s base rent is $2,000, the annual increase would be calculated as follows: $2,000 x .017 = $34. The tenant’s new base rent would be $2,034 ($2,000 + $34).
Annual increases must be calculated only on the tenant’s base rent, which does not include capital improvement passthroughs or bond measure passthroughs. Rent increases cannot be “rounded up” to the nearest dollar.
For more information, visit the San Francisco Rent Board website at sfrb.org, or call them at 415-252-4600. For a history of all allowable increases and e ective periods, turn to page 41.
April and May Deadlines of Note
Business Tax on Personal Property (571-R): The 571-R is a State of California tax form required to be completed by rental businesses, including short-term rental businesses. The Form 571-R is due on April 1, each year. The last day to le without incurring a penalty is May 7, each year the penalty for ling after May 7, is 10% of the total assessed value.
California Property Tax: The second installment of your tax bill is due February 1 and becomes delinquent by the close of business on April 10. For more information or to pay online, visit sftreasurer. org/payments.
San Francisco Business Registration Fee: Everyone doing business in San Francisco must have a current business registration. Renew annually by May 31. You can renew online at etaxstatement.sfgov.org/ RG2024/.
SFAA’s o ce is open Monday through Friday. Members are welcome to come into the o ce to pick up rental forms or for counseling services between the hours
The News… continued on Page 50
10 APRIL 2024 | SF APARTMENT MAGAZINE
SF APARTMENT MAGAZINE | APRIL 2024 11 Adam Filly DRE 01354775 | www.AdamFilly.com E 015 7 35 | | Adam Filly | Exceeding Expectations Adam takes great pride in achieving outstanding results for his clients. Call or email to consult on any real estate matter. #1 Compass Commercial Agent in California 2019-2023 New Listing 4416 18th Street 3 | 1 4 000 530 Page Street | 00 000 New Listing 960 Pine Street 1 | 3 50 000 Available Available 3632 Sacramento Street 3 | 400 000 New Listing 403 Lyon Street 5 | 1 00 000 750 Presidio Avenue 1 | 5 500 000 New Listing 1653 Grant Avenue 1 | 500 000 New Listing New Listing 1488 Fulton Street | 3 00 000
What’s Mine Is Yours
written by THE SAN FRANCISCO RENT BOARD
The Costa Hawkins Rental
Housing
Act is a California property owner’s best defense.
Editor’s Note: The following San Francisco Rent Board cases are real, though they have been edited for space and clarity. They have been selected to highlight some of the more interesting cases that the board reviewed at its recent commission meetings. For full Rent Board agendas and minutes, please visit sfrb.org.
900 Block of Capp Street
The tenant appeals the decision denying their claim of unlawful rent increase. The Administrative Law Judge (ALJ) determined that the rent increase from $2,773.81 to $4,500.00 e ective January 1, 2023 was authorized under the Costa-Hawkins Rental Housing Act since the evidence established that the tenant petitioner was a lawful subtenant and not an original occupant.
On appeal, the tenant claims that the decision should be reversed because the ALJ abused her discretion by not properly evaluating the evidence and testimony. The landlord submitted a response to the appeal claiming that based on the evidence, the ALJ made a reasonable conclusive decision that the tenant was never an original occupant.
A member of the public spoke regarding the tenant. She stated that she has known the tenant and his mother for many years, and said they have lived at the unit on Capp Street since 2002. She stated that the tenant has always lived in the home with his mother.
Another member of the public stated that the tenant has always lived on Capp Street with his mother. She said that she has known the tenant for over twenty- ve years and that he has been living there for that time. She also o ered to be available for further questions if the information was helpful to his case.
Another member of the public stated that she has known the tenant and his now-deceased mother since 1997, when she met them at a church group. She said she knows everywhere the tenant and his mother have lived. She o ered to be available to answer any questions, stating the tenant is a U.S. citizen ghting for his housing rights.
The representative of the tenant told the Board that the tenant has openly resided at the property since August 1, 2002, when he moved in with his mother. She said that the ALJ erred and abused her discretion when she ignored the landlord’s inconsistent and not credible testimony regarding the signatures on the lease, and that the lease is not executed or signed by anyone. She said that the ALJ relied on irrelevant documents; that the tenant and his mother were known to the landlord as previous tenants in other buildings they own; and that none of the former property managers provided oral or written testimony, even though there were several sta changes throughout the tenancy.
The representative said that although the landlord knew the tenant’s mother did not speak or read English, all documents were provided in English; that improper weight was given to landlord documents and expert witness testimony; that the ALJ disregarded neutral third-party testimony presented by the tenant; and that the ALJ discounted the tenant’s credibility. She concluded that the tenant is an original occupant and valuable community member who has lived in his home for over two decades, and that the rent increase from $2,773.81 to $4,500.00 was unlawful.
Decision: To deny the appeal (3-2).
The tenant appeals the decision granting the landlord’s petition seeking a rent increase under Rules and Regulations Section 1.21. The ALJ determined that there was no “tenant in occupancy” of the unit at the time the petition was led since the tenant primarily resides at a home in Marin County with her spouse. In the appeal, the tenant alleges that the ALJ made errors of fact and abused her discretion by not properly evaluating the evidence and testimony which show that she primarily resides in the unit in San Francisco.
The landlord’s representative stated that the ALJ correctly found that the tenant and her husband do not principally reside in the unit because they took a homeowner’s exemption continuously from 2016 through 2022 on a home they co-own as joint tenants in Belvedere, Tiburon. He said that the tenant only attempted to unravel the exemption after the petition was led in this case, and that the unit is fundamentally used for work and business
12 APRIL 2024 | SF APARTMENT MAGAZINE
COLUMN RENT BOARD RED U X
SF APARTMENT MAGAZINE | APRIL 2024 13 3 Large Flats Haight-Ashbury Available Dan McGue Senior Commercial Broker Associate Lic# 00656579 415.310.5787 | dan@danmcgue.com | www.danmcgue.com DAN McGUE SAN FRANCISCO’S LEADING APARTMENT BROKER OVER $3.1 BILLION IN TOTAL SALES! © 2019 Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. Each sales representative and broker is responsible for complying with any consumer disclosure laws or regulations. Available 4 Large Apartments + Parking Lake Street District GREAT INVESTMENT PROPERTIES FOR SALE! 15 Apartmens + Parking Russian Hill 15 Apartments + Parking Cow Hollow Available 4 Large Units + Parking Parkside District SOLD! SOLD! Magnificent Trophy Corner Property Delivered 100% Vacant with Panoramic Bridge to Bridge Views! Pacific Heights | San Francisco
purposes while the Tiburon home is their principal place of residence.
The landlord’s representative also stated that the tenant’s sworn testimony conrms that the unit is more her o ce, and that when she nishes work there, she returns to the Tiburon home. He also commented that the home address is listed for personal joint tax returns and the apartment address is listed for corporate taxes and Articles of Organization led with the Secretary of State. He emphasized the landlord should not have to subsidize the tenant’s business, and that the appeal should be dismissed.
The tenant stated that the landlord’s representative does not know her life. She commented that her life is in San Francisco and the unit has been her home for twenty years, and the representative took her quote about how many nights she spends in the unit out of context. She explained that there is no clearcut metric to determine residence, and it cannot be based on the number of nights slept in a home. She further commented that the representative’s public comment is full of lies, and who she is married to and whether they own a home has nothing to do with who she is as a person and her goals.
The tenant stated that she is a San Francisco native; that her mother lived in the same building; that much of her life is in San Francisco; and that the unit is her home. She continued to say that she could not understand how the Board could determine it was not her home as the homeowner’s tax exemption was easy to unwind, and if they told her how many nights she needs to stay in the San Francisco unit to make it her home, then she would do it.
Decision: To deny the appeal (5-0).
2000 Block of Taylor Street
The landlords appeal the decision denying their petition for a capital improvement passthrough. In the decision, the ALJ found that the capital improvement work was required to correct a code
violation that was unabated for over ninety days, and that the landlords failed to establish that the circumstances causing the delay in completing the capital improvement work were reasonable or beyond the landlords’ control. In the appeal, the landlords assert that they met their burden of proof at the hearing and should have another opportunity to provide additional evidence to prove that they made timely good faith e orts to complete the capital improvement work.
A tenant in the building stated that the building is noncompliant with the mandatory soft story retro t program and has an outstanding Notice of Violation (NOV) issued by the Department of Building Inspection (DBI) in October 2019. He said that the building was sold in 2023, and after six months, the new owners increased the tenants’ rent using the banked rent increases not utilized by the previous owners. He stated that the owners were automatically granted a rent increase license once they reported into the Housing Inventory Portal, so he challenged the increase by ling a failure to repair and maintain petition with the Rent Board for noncompliance with the NOV, and the owner later withdrew the notice of rent increase. The tenant said that the license issuance process sends mixed signals because tenants may interpret the automatic granting of a license to owners as validation of the rent increase itself, and discourages tenants from submitting a petition to the Rent Board challenging such increases; while the landlord interprets that they have been lawfully granted a license since they satis ed their obligation to report into the Inventory. The tenant said that the license process puts the burden on tenants to highlight that there is an NOV even though it has already been recorded and is considered as a violation of law by the Rent Board.
The tenant asked the Board to consider amending the Housing Inventory ordinance so that buildings cannot be granted a rent increase license if they have an outstanding NOV, as this would provide additional incentive to the owner to resolve
NOVs and remove the burden from tenants to use City resources to highlight publicly available information.
The building owner stated that the building has been owned and managed by her family for years. She explained that when they began to perform seismic work, they were advised to include ADUs and had no idea what the process would be or how long it would take. They were shocked when they received the NOV for not completing the seismic work on time. She further stated that she brought up concerns about the completion of the work several times with their engineers, architects, and contractor, and she was told it would not be a problem.
She explained that the project took place during the COVID shutdown when the DBI review process and the construction work took much longer. She said that, in the end, they were unable to secure nancing for the ADUs, and they realized it was too much work at their age to pursue. She also stated that during this time she had become ill and her father passed away, and they did everything they could to get the work done in a timely manner, and the delay caused them a lot of stress.
The owner urged the Board to accept the appeal to provide additional information to the ALJ about the facts surrounding the delays that led to the project taking longer than expected.
Decision: To deny the appeal (5-0).
The above information was reprinted from the Rent Board website. For more information, visit.sfrb.org.
14 APRIL 2024 | SF APARTMENT MAGAZINE
415.580.9095 mikestack@vanguardsf.com DRE #01932280 MIKE STACK SAN FRANCISCO REAL ESTATE SPECIALIST DRE#01486075 Single Family Homes Condominiums Apartment Buildings
C
AFTER BEFORE Authorized Distributor of
Is Your Building
OMPLIANT? SAN FRANCISCO FIRE CODE 1103.7.6.1 Didn’t make the deadline? No worries! WE CAN HELP! o worriees! rie BUT…DON’T WAIT TAKE ACTION NOW! T
Here Today, Gone Tomorrow
written by JUSTIN A. GOODMAN
A warning from a bleak post-Costa-Hawkins future.
Readers, this is not the Justin Goodman you know. I’m from the future. You can tell by the lower back pain and the wrinkles and grayed temples that de nitely were not there the last time I wrote to you. Our industry is in trouble. In the year 2025, we used the last of our dwindled returns on investment to ask our now-ubiquitous AI software to build us a time machine. Well, rst, we asked it to write this column for us, but there were no other stories to tell about what used to be the residential rental industry, so it just started giving us pictures of overly inclusionary cats.
The AI assessed our bleak reality and traced it back to a single cause—the Event—which propelled us to the point of no return. Behind the Event, an ominous mononym, “Weinstein”—a name that struck fear into the hearts of anyone in West Hollywood (see sidebar on page 36). And also the other Hollywood, but for a di erent reason.
We only had enough Nvidia chips to calculate the trajectory for sending a single person back. The rest are devoted to mining a Taylor Swift-based cryptocurrency that replaced the U.S. Dollar when the Fed refused to lower rates to 1.0 percent, prompting the great Re nance Wars.
I was chosen for the mission to use my April 2024 column to warn you about
the Event while there was still time to avert it. Friends, you need to do whatever you can to vote NO on the Justice for Renters Act on E-Day.
The insidious Justice for Renters Act presented like any other, ordinary effort to repeal the… To repeal the… I’m sorry, we’re prohibited from uttering the name under pain of forced labor at housing services clinics, but you need to know… to repeal the CostaHawkins Rental Housing Act!
In your time, these assaults were as commonplace as re season or Elon Musk bankrupting billion-dollar companies are in my time. But the Justice for Renters Act was di erent. It didn’t just aim for Costa-Hawkins but also installed a sentinel: an inversion of California constitutional rst-strike capabilities, invalidating local police power that contravenes state law.
This defense system was crucial in averting past attacks, asserting buyout regulations on the settlement of unlawful detainer litigation, or holding us in a stasis eld for ten days before we could serve a three-day notice to pay rent or quit. Our records of this time are incomplete at best, with Chat GPT rewriting all legal commentary as Marvel Cinematic Universe fan ction. But I think Captain America put it best when he said that we must make sure the Justice for Renters Act doesn’t pass, or else Thanos wins.
To understand how we got here, I rst had to travel further back to 1995. Most of the buildings look the same. There was still nothing to do at the Emporium Centre at Powell Station. Dave Wasserman still looks exactly thirty-two years old, somehow. In the 1990s, we hailed Costa-Hawkins as a savior from the sprawl of vacancy control—an assimilation of rental units to serve the rent control hive mind: the rental units could even dispose of their human hosts but maintain their price data autonomously.
Before Costa-Hawkins, many cities worked alongsidemoderaterent control. They used it for its proper purpose: to stabilize rental prices and promote quality housing. But in some cities, rent control gained a mind of its own—and that mind wasstrict. It started controlling rents on all dwellings, with an insatiable hunger that would con scate fair returns on investment over time. In the 1970s, our Supreme Court deployed a rewall to avert the worst. But in terms of real dollars, these in ation-adjusted increases still found a vacant two-bedroom in 1995 Berkeley renting for the same return as it did a decade earlier.
Costa-Hawkins struck a truce. Cities could regulate rents for continuous tenancies and the original occupants who relied on stable housing, but housing providers were encouraged to invest in housing with market rate increases for voluntarily vacated units, as well as a generalized freedom from rent control that promoted new construction and owner occupancy of single-family homes and condos.
16 APRIL 2024 | SF APARTMENT MAGAZINE
COLUMN SU RREAL ESTAT E
SF APARTMENT MAGAZINE | APRIL 2024 17 REE Mark Bonn D 415.225.8658 0100 44 Mirella Webb 415.640.4133 0140 540 E 015 7 35 COMMERCIAL RECENTLY SOLD BY THE BONN/WEBB TEAM 34 7 R 05 000 10 3 R 1 00 000 4 500 000 17 5 D 50 000 CURRENTLY IN CONTRACT 3 01 17 1 E 450 000 3345 1 10 450 000 01 5 50 000 NEWEST LISTINGS BY THE BONN/WEBB TEAM 350 1 5 150 000 D 3 00 000 3700 1 D 3 050 000 5 10 E 3 00 000
When the Justice for Renters Act passed, vacancy control was immediately upon us. Years earlier, our City created an insidious virus—the housing inventory— that gradually spread to require banal compliance by every housing provider.
Announce the “square feet” this, and the “occupancy commencement date” that, and “the rent is sort of a half dozen, twohundred-and- fty-dollar increments” for some reason, and we were done with our compulsory reporting. We could collect our annual allowable increase stipend. The Justice for Renters Act latched on to the reporting mechanism and demanded machinelike precision in rental registry. Rents that stepped out of line with registration were punished.
Thirty years of vacancy decontrol laid a mine eld of market distortions. Listings look the same on the outside, but identical units are tied to wildly di erent rents. Some asked the obvious question: who gets the $1,000/month one, and who has to pay $5,000? Our remaining scientists, who weren’t driven to the peninsula by the strained housing availability, reasoned that you could just let your friends and family live in the “cheap” one while you cover your carrying costs by renting the “expensive” one.
But the Empty Homes Tax had already torn apart friend and family bonds, forcing housing providers to rent units to “bona de lessees.” The tax delivered an unexpected victory to the Justice for Renters Act, forcing housing providers into the base rent trenches to avoid its penalties, even though we were in a down market, so, like, why did we need this tax in the rst place (and seriously, why can’t we just build housing instead of trying to regulate for the sake of regulating?).
And even when housing providers kept their heads down and rented out all their units for no pro t… the lawsuits came. Was it a fair-housing violation to refuse to rent the ground oor, lower-rent unit to the disabled applicant, for instance? Nobody knew! But it didn’t matter because the lawsuits came anyway, and the insurance companies had already
scattered, so we all succumbed to the demand letters.
Ironically, there were no more Section-8 shakedowns, as listings now beckoned HUD voucher holders to taste the sweet nectar of federally based, regional cost-of-living payments for government-subsidized housing units. However, they rarely got the chance, as departing tenants would just “sell” their rent-controlled units to newcomers, siphoning o the value that used to go to the property owner.
Maintenance costs are market rate even if the rents are frozen in time. No one can keep up, so investment is leaving, and properties sell at a loss. With residential property values joining commercial, City revenue now comes predominately from taxes on pickleball courts. But even though that’s basically all anyone does these days, even that revenue can’t maintain basic services.
You can still change this bleak future by voting against the Justice for Renters Act this November. In the meantime, please go to sfaa.org. Join Californians for Responsible Housing for information and updates, and donate to the CAA Issues Committee to support the ght! [For more information on Californians for Responsible Housing, see page 36.]
18 APRIL 2024 | SF APARTMENT MAGAZINE
The above content is general in nature. Contact an attorney regarding your unique situation. Justin A. Goodman is with Zacks & Patterson, LLC, and can be reached at 415-956-8100 STATE CERTIFIED TESTING CL# C-16 530517 CALL FOR A FREE ESTIMATE: 800-660-6993 www.atotalfireprotection.com ESTABLISHED 1987 FAMILY OWNED AND OPERATED SAN FRANCISCO BAY AREA TESTING • INSPECTION REPAIR • CERTIFICATION 5 YEAR • ANNUAL QUARTERLY • MONTHLY FIRE SPRINKLERS FIRE PUMPS STANDPIPES • HYDRANTS Be On Your A Game. Sign up for SFAA classes at www.sfaa.org or by calling 415-255-2288.
SF APARTMENT MAGAZINE | APRIL 2024 19
Written by CHARLEY GOSS
Election REFLECTION
20 APRIL 2024 | SF APARTMENT MAGAZINE
The March election was a big step to move San Francisco in the right direction.
Even with ballots for the March 5, 2024, Primary Election still being counted as of the writing of this article, several local ballot measures are ahead by so many votes that we can already declare winners, and we can still read enough into other ballot results to analyze voter moods and priorities for San Francisco—both in this election and as we move forward.
In the months before the election, much had been written about the state of San Francisco, with news media nationwide covering the “doom loop,” the prevalence of crime, issues with homelessness and open-air drug use, and other news that painted our city as an apocalyptic hellscape. Whether you thought those headlines were overblown or well-deserved, there was a pervasive feeling that San Francisco was struggling to achieve its full potential as a world destination, a value-oriented leading city, and an economic powerhouse.
This feeling was underscored by recent polling results from the Chamber of Commerce’s 2024 CityBeat poll: as a whole, city residents felt that the city was headed in the wrong direction and was failing to adequately deal with its most pressing issues, such as public safety, homelessness and drug use, and the quality of life for residents.
By no coincidence, the March 2024 ballot featured several measures (and candidates) that sought to address those concerns with new approaches. The election results so far give strong insight into the zeitgeist among residents and what policies and candidates the voters want to see moving forward.
This article is a recap of the March 5, 2024 election results, providing insight into what this may mean for San Francisco’s political environment as we look toward the November election.
Voters Overwhelmingly Rebuke the “Cop Tax”
Voters spoke loud and clear in their rejection of Proposition B, the “Cop Tax.” In fact, “No on B” won a majority in nearly every precinct citywide—a clear message from the election result. In the weeks and months leading up to the election, there was concern among political and campaign professionals that Prop B’s complicated wording would confuse voters into thinking a “Yes” vote was a vote to hire more police o cers, potentially leading to the passage of Prop B. In the end, that proved not to be the case, with the “Stop the Cop Tax: No on B” campaign resonating with one of the top priorities of voters today: addressing public safety problems.
Part of the reason why campaign professionals and observers were concerned about potential confusion around Proposition B was how it arrived on the March ballot. Toward the end of 2023, Supervisor Matt Dorsey introduced legislation to increase sta ng for the San Francisco Police Department. Acknowledging that SFPD was more than ve hundred o cers short of its appropriate sta ng level, Dorsey’s legislation sought to acquire new SFPD o cers by increasing signing bonuses to align with the signing bonuses o ered by other Bay Area cities.
The idea was simple: Why would someone sign up to be an SFPD o cer for a $5,000 bonus if they could have a much easier job as an Alameda o cer with
SF APARTMENT MAGAZINE | APRIL 2024 21
a signing bonus ten times larger than San Francisco’s? Dorsey was prepared to go to the ballot with his proposal to address residents’ concerns about public safety by putting more SFPD o cers on the streets. It sounded like a commonsense solution to a pervasive problem.
Unfortunately, politics came into play. As Dorsey’s proposal navigated through the legislative process, it needed to be approved by the Rules Committee of the Board of Supervisors to get a vote by the full Board of Supervisors, where it could qualify for the March ballot to put the issue before the voters.
Supervisor Safai prevented Dorsey from moving his measure forward as written, and he fundamentally changed the legislation to do the opposite of what was intended. Instead of allocating funding to hire and retain SFPD o cers, Safai amended the proposal to say funds could only be allocated if voters approved a new future tax to provide those funds. In short, San Franciscans couldn’t have an adequately sta ed SFPD unless they agreed to tax themselves in a future election to pay for it.
Among political observers, this was widely understood to be a play to preserve City funds for upcoming pay negotiations for the city’s labor unions, who have traditionally been Safai’s strongest ally. Thankfully, a strong communications campaign from Dorsey and the No on B campaign ensured voters understood what was at stake. The campaign contended, and voters overwhelmingly agreed, that residents deserve a fully sta ed police department with the taxes that they already pay, and that imposing a new tax so they could have enough police o cers was a ludicrous idea in a city where public safety polled as a top concern for its citizens.
The rejection of Prop B speaks volumes to what San Franciscans want today: more police o cers on the street, improved public safety, and to feel safe in their neighborhoods without new taxes. They want to see the city go back to the basics and provide basic, fundamental services to residents without raising taxes.
New Approaches to Policing and
Mayor London Breed emerged as the clear winner in March’s election, with all three of her measures headed to victory. We’ll look at two of her measures, which focused on addressing major concerns for today’s voters: public safety and drug use.
Mayor Breed’s Proposition E aimed to improve public safety by reforming SFPD policies and the San Francisco Police Commission. Proposition E reduces some recordkeeping and reporting requirements, intending to keep police o cers out on the streets instead of doing administrative work, and changes existing SFPD policy to allow police to pursue someone in a vehicle who they believe is committing a felony or violent misdemeanor.
Prop E is headed for victory, in a clear statement that residents want to give SFPD more tools to do their jobs and to crack down on crime in San Francisco. The pendulum has swung back fully after calls to defund the police only a few years ago.
With Prop E’s passage and the rejection of Prop B, voters told the city they want an active, present police department, and that they won’t tolerate the lawlessness that makes media headlines.
Mayor Breed also actively campaigned for Proposition F to tackle San Francisco’s fentanyl crisis and open-air drug use problems. Prop F requires anyone who receives public bene ts to be screened for substance use disorder if the City reasonably suspects the person to be dependent on illegal drugs. The measure also mandates that the City provide a professional evaluation and refer the recipient to an appropriate treatment program.
With drug use proliferating in public and homelessness spiraling, Prop F’s passage is another statement from voters that the status quo won’t be tolerated anymore. The City needs to monitor and o er treatment to recipients of public bene ts proactively. Residents agree that San Francisco isn’t a place to come to do drugs and that it isn’t acceptable to see drugs used so openly and agrantly.
The two measures combined show that voters have reached a tipping point when it comes to public safety and drug use and that they’re willing to try new approaches to attack these problems head-on. It’s a clear indication that voters are unhappy with what has been a lackadaisical approach to crime and drug use, and that policies and candidates who prioritize improving public safety and who won’t tolerate drug use are likely to succeed.
Revitalizing Downtown Is a Priority
As of this writing, Proposition C is narrowly leading. As the rst part of a sustained e ort to revitalize Downtown, the measure provides an exemption from the City’s transfer tax the rst time a property is transferred after being converted from commercial to residential use. The measure is part of an e ort to repurpose the glut of vacant commercial buildings in the Financial District, helping reinvigorate downtown San Francisco by o ering the potential for a mixed-use district that includes homes, commercial space, and retail storefronts. SFAA endorsed and supported Prop C, knowing a strong downtown corridor fuels a strong local economy, a strong local job market, and strong demand for rental apartments. Voter approval of Prop C shows that residents understand the key role downtown San Francisco plays in our economy, and that revitalizing our local economy with creative solutions will be a priority moving forward.
22 APRIL 2024 | SF APARTMENT MAGAZINE
SF APARTMENT MAGAZINE | APRIL 2024 23 Craig has over 30 years’ experience owning, managing and renovating apartment buildings in the city Craig Lipton 415.305.7506 lipton@mavenmaintenance.com www.mavenmaintenance.com licensed and insured gc license 881403 • Kitchen and bathroom renovations • Exterior restoration, repair failed concrete • Vacancy turnover • Interior and exterior painting • Electrical service upgrades • Upgrade common areas • Fire alarm system upgrades • Back stairwell repairs and replacement • Fencing, decks and rear landscaping • Sidewalk repairs and replacement • Replace windows and doors The original apartment Maven. l rebuildstairwells kitchenremodel exteriorrestoration bathroomremodel kitchenremodel decks/landscaping kitchenremodel bathroomremodel repairconcretespall A one-stop-shop for all your apartment maintenance needs. Put the most experienced apartment remodeling crews in the city to work for you.
Ways to Connect.
Email SFAA at MemberQuestions@sfaa.org to have your questions and concerns promptly addressed,
People Want Algebra
Unsurprisingly, Proposition G—a resolution recommending that SFUSD o er Algebra 1 to eighth graders (like almost every other school district)—was approved resoundingly, with more than 80% of voters voting “yes.” While it’s clearly important that students have as many educational opportunities available to them as possible, Prop G’s approval is notable because of the insight into what types of priorities San Franciscans want to see from their elected o cials—a focus on detail, substance, and results instead of political posturing and ideological-driven priorities. The passage of G comes in the wake of the 2022 SFUSD recall of three school board members who were more focused on renaming San Francisco public schools than getting students back into classrooms during COVID.
Residents Reel in the Local Democratic Party
Email SFAA at MemberQuestions@sfaa.org
Follow SFAA on Twitter at twitter.com/SFAptAssoc
Follow SFAA on Linkedin
Follow @SFaptmagazine on Instagram
For years now, San Francisco’s Democratic County Central Committee (DCCC) has been pushed to the far left of the political spectrum. The DCCC had become so ideologically driven it no longer represented the priorities of average San Franciscans. This was problematic—the DCCC makes the o cial endorsement of the Democratic Party on candidates and ballot measures, and with just about two-thirds of city residents registered as Democrats, the seal of approval from the Democratic Party carries signicant weight with low-information voters.
In highly contested races for the Board of Supervisors and ballot measures, the endorsement of the Democratic Party is often the di erence between a winning campaign and a losing one. SF Apartment Magazine covered the SF Democrats for Change slate of candidates in our January issue as part of a coalition-e ort to elect pragmatic, reasonable Democrats to the DCCC who are more in line with city residents on issues like quality public education, public safety, and homelessness.
24 APRIL 2024 | SF APARTMENT MAGAZINE
SF APARTMENT MAGAZINE | APRIL 2024 25 MARK FRY DOMINIC MORBIDELLI INVESTMENT SALES INVESTMENT SALES mark@mavenproperties.com DRE #02068463 415.404.6959 dom@mavenproperties.com DRE #02024348 415.404.7314 MATTHEW C. SHERIDAN PARTNER/INVESTMENT SALES matt@mavenproperties.com DRE #01390209 415.727.1271 466 GREEN STREET SUITE 203 | SAN FRANCISCO, CA 94133 | WWW.MAVENPROPERTIES.COM RICHMOND DISTRICT FIRE-DAMAGED OFFICE + RETAIL $1,850,000 3308 GEARY BLVD NOB HILL BOUTIQUE HOTEL $6,500,000 1000 PINE ST OUTER RICHMOND GROCERY STORE + FLAT $1,700,000 3950 BALBOA ST NOB HILL 8 UNITS $ 2,437,500 1459 JONES SANTA CLARA, CA SHOPPING CENTER $15,910,000 2555-2615 ALAMEDA 2327 VAN NESS RUSSIAN HILL 8 UNITS $2,200,000 THE CASTRO 10 UNITS, 6 VACANT $4,450,000 269 SANCHEZ ST NORTH BEACH 6 FLATS, 2 VACANT $3,125,000 1956 POWELL ST NORTH BEACH/CHINATOWN 8-UNIT, MIXED-USE PROPERTY $2,295,000 835 BROADWAY MORE GOOD ONES! Sold On the Market On the Market
26 APRIL 2024 | SF APARTMENT MAGAZINE Offices Throughout the U.S. and Canada MarcusMillichap.com A Challenging Environment has created Unique Opportunities. Russian Hill | 8 Units | $8,500,000 Marina District | 18 Units | $13,300,000 FOR SALE In association with Gino Franco & Vince Schwab Mission District | Mixed-Use | $5,300,000 FOR SALE In association with Nick Bonn Hayes Valley | 4 Units | $2,200,000 In association with Gino Franco FOR SALE SOLD
SF APARTMENT MAGAZINE | APRIL 2024 27 MarcusMillichap.com 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 Jordan Park | 3 Units | Call Clinton Textor Pacific Heights | 3 Units | $1,800,000 OFF MARKET NEW PRICE In association with Gino Franco In association with Matt Healy FOR SALE Sunset District | 37 Units | $7,500,000 In association with Gino Franco Van Ness/Civic Center | 62 Units | $5,850,000 FOR SALE In association with Nick Bonn Specialization • Ex pertise • Result s
TALK TOWN
of the
With a changing political landscape, uctuating demand, and a downtown in ux, it’s hard to gauge what the rest of the year holds for San Francisco’s rental housing market. It seems like we could all use a little help navigating the current rental market.
We asked a few of SFAA’s top property managers to share their expertise, advice, and market predictions. The following is what they had to say, in their own words (edited for space and clarity).
Lauren Rios Leasing Manager
Gaetani Real Estate
Following the market downturn in San Francisco due to the impact of COVID-19, the lingering question became: When will the market reclaim its pre-2019 levels?
The San Francisco rental market has demonstrated remarkable resilience over the years, weathering the highs and lows of market uctuations. Now, as we navigate the challenges of recent years, a beacon of hope is emerging. Rents are gradually rising, signaling a resurgence of our city’s vibrancy and allure.
Throughout 2022 and 2023, we observed a gradual market correction. However, in 2024, we’re already witnessing increased interest, driven by advancements in AI technology and the essentiality for workers to be centrally located, particularly in San Francisco. It’s invigorating to see this positive momentum in our community, and as property owners and managers, it’s vital that we’re ready to embrace it fully.
Moreover, we’ve surpassed the era where tenants were wary of shared living situations. Many who previously moved away from San Francisco are now yearning for the lively atmosphere and are eager to return.
Since the market shift in mid-2020, clients are seeking apartments that o er elevated features such as remodeling and spacious layouts with ample square footage to accommodate remote work, all while being priced competitively for rent. Moving forward, it’s crucial to prioritize attention to small details and make decisions based on future trends rather than past preferences. While a 560-square-foot, two-bedroom unit may have been desirable in the past, shifts in peoples’ needs indicate these speci cations no longer perfectly align with current demand.
Written by VARIOUS AUTHORS
Need help
navigating the rental market these days?
Read on to gain clarity.
28 APRIL 2024 | SF APARTMENT MAGAZINE
Right: View from Castro Street heading into the vibrant Castro Neighborhood.
SF APARTMENT MAGAZINE | APRIL 2024 29
Setting the right price for your unit to secure and maintain leases is paramount. Competitiveness in pricing is key to remaining relevant in this market. Units that are priced appropriately are the ones experiencing movement and success. By meeting most of our clients’ criteria, we can maintain competitiveness, even in some of the more challenging neighborhoods. Renters are willing to pay a premium, but the unit must ful ll all their requirements: in-unit laundry, dishwashers, and parking are currently the three top. Invest in professional photography and consider adding laundry facilities either within the unit or within the building if they are not already available.
These smaller investments can gradually yield signi cant returns and make a substantial di erence.
Gone are pre-COVID days, when subpar o erings could fetch impressive rental rates in every neighborhood! But some neighborhoods didn’t face as many challenges, maintaining their status as strong contenders for tenants. Rentals in the northside neighborhoods continue to thrive. Paci c Heights, Cow Hollow, the Marina, and Russian Hill are leading the pack in achieving the highest rental rates.
With ongoing shifts in the San Francisco market, there’s a bright outlook for rental growth in both occupancy and rates. The busy summer season is approaching, and data is pointing toward a strengthening market. It’s clear that an exciting and lucrative rental season awaits us.
While our resurgence may be gradual, it’s de nitely in motion. As owners and property managers, it’s crucial to showcase our best e orts to set us apart from our competition.
Lauren Rios can be reached at lauren@gaetanirealestate.com.
Dave Chesnosky
SFAA Member and Leasing Broker RentingSF
While mid-Decemher through mid-January was very busy, the rental market tapered o by end of January and into February. However, I am anticipating the market to pick up in the spring as it typically does.
In the north side of town (Paci c Heights, Cow Hollow, the Marina, Russian Hill, and North Beach), rentals have reached pre-pandemic levels. Lower Haight, Hayes Valley, NOPA, and Alamo Square are also reaching peak rents when sought-after amenities are present (remodels, ample square footage, in-unit laundry, natural light, and parking).
The AI boom in San Francisco is very real, and founders and employees are moving to neighborhoods all over the city. There’s also a good amount of movement as current residents shift units for better areas or more space.
One trend I’ve noticed is that some AI startup companies with small teams are leasing large condos or single-family homes where they can both live and work. Years ago, these types of companies would lease small o ce spaces in SOMA and live in nearby rentals.
In areas a ected by safety concerns and lack of o ce workers, like Lower Nob Hill and SOMA, lots of deals are still being made. The good thing is that in a relatively at rental market, San Francisco rents are still at the top of major cities in the United States, coming in third at an average of $2,950 for a one-bedroom.
The median rent in San Francisco rose by 1% in February, but we’re currently down 2.8% in a year-over-year comparison. San Francisco’s rent growth over the past year has fallen behind both the state (-1.3%) and national averages (-1%). February rent growth in San Francisco ranked sixth among large U.S. cities.
When rents drop to a below-market price point, they get snatched up quickly. With increased inventory, renters now have a lot of options. Traditional sites like Craigslist and Zillow are still generating good lead ow, but now, more property owners and managers are posting listings on social media apps like TikTok and Instagram to attract more prospects.
New prop-tech leasing tools are on the rise, with payment portals and bank transfers preferred as opposed to checks. The easier it is for potential renters to nd your available units, apply, sign a lease electronically, and pay move-in funds online, the quicker you will ll your vacancies!
Looking forward to a busy spring and summer leasing season!
Dave Chesnosky can be reached at Dave@RentingSF.com.
Michael “Misha” Langley CIO / Portfolio Manager
PLC Property Management
Remember when leasing vacant apartments in San Francisco was extremely easy? The pandemic has certainly changed that. However, San Francisco is still a vibrant and beautiful city with countless unique characteristics to attract and retain tenants. Below are my thoughts on leasing vacancies in San Francisco.
1. Know Your Market: San Francisco was known (one might even say it was infamous) for its high demand and limited supply of housing, leading to an extremely competitive rental market. Make sure to research average rental prices in di erent neighborhoods to price your units competitively.
2. Highlight Unique Features: San Francisco has a diverse range of neighborhoods, each with its own charm and appeal. Emphasize any renovations or upgrades to attract tenants seeking modern amenities. Focus on a unit’s unique
30 APRIL 2024 | SF APARTMENT MAGAZINE
SF APARTMENT MAGAZINE | APRIL 2024 31 San Francisco’s first all-inclusive, fixed-fee property management service An Exclusive Offer for Properties with over $250,000 in Gross Annual Revenue Introducing (415) 821-3167 • Info@RMCsf.com RMC STANDARD RMC ALL-INCLUSIVE Call us today and see if you qualify J.J. Panzer RMC President Host of the Smart Apartment Advisor Show KGORadio810 RMCsf.com SM Imagine No More Leasing Fees BasicsPlusRMCLeaseRMCLeasePlus Advisory Starting at $299 one-time fee Flat fee 4% of annual gross (leasing extra) Flat fee 5.5% of annual gross NO LEASING FEES Flat fee 6.5% of annual gross RMCAllInclusive
features and its proximity to amenities like parks, public transportation, restaurants, and cultural attractions.
3.Utilize Online Platforms: In today’s digital age, online marketing is essential for reaching potential tenants. List your vacancies on popular rental websites like Zillow, Apartments.com, Craigslist, et cetera. Include high-quality photos, detailed descriptions, and accurate information about the property to attract interest.
4.Host Virtual Tours: While open houses remain an option, the pandemic has made some people understandably reluctant to cluster together. Virtual tours make it easy to showcase your properties to prospective tenants who may not be willing or able to attend in person. Posting a video tour in your advertisement is another great way to show o your units, and it allows people to tour twenty-four hours a day—no scheduling required!
5.Provide Excellent Customer Service: Establish a reputation for excellent customer service to attract and retain tenants. Respond promptly to inquiries and maintenance requests, and maintain open communication with tenants throughout their lease term. Positive word-of-mouth recommendations can be invaluable in attracting new tenants.
6.Flexibility: San Francisco’s rental market is recovering, but rents are still down in many neighborhoods. Reconsidering policies (like pet policies) and temporarily banking rent increases may help retain and attract new tenants.
7.Partner with Local Businesses: Collaborate with nearby restaurants, gyms, or shops to provide discounts or special o ers to tenants as a perk.
8.Stay Compliant: San Francisco has very strict rental laws and regulations. Familiarize yourself with local rental laws, including rent control ordinances, eviction procedures, and tenant rights. Ensure that your rental properties are in compliance with all applicable laws to avoid legal issues and disputes with tenants. Consulting an attorney with relevant knowledge and experience is highly recommended!
9.Hire a Property Manager: Especially in San Francisco, hiring a licensed property manager is well worth the peace of mind. A good property manager will handle all of the above for you…and so much more.
Misha Langley can be reached at misha@plco.net
32 APRIL 2024 | SF APARTMENT MAGAZINE
•SoftStory/VoluntarySeismic •GeneralCapitalImprovements •FireAlarmUpgrades •AnnualIncreaseletters •GeneralandWaterBondPassthroughs PAY! Go Online! Get information on SFAA classes, apartment industry news & excerpts from SF Apartment Magazine at www.sfaa.org Know Your Numbers! Turn to page 41 for updated information on allowable rent increases, security deposit interest and more.
SF APARTMENT MAGAZINE | APRIL 2024 33 Net Lease Exchange Experts Advice; Not sales. Call us for a no obligation education and execution of 1031 exchange into net lease & DST investments Mehdi Star, J.D. + 1 415 288 7805 mehdi.star@colliers.com Kourosh Bakhtvar + 1 415 510 4718 kourosh@colliers.com nlx.colliers.com Scan QR code to watch video Before Property Sold After Properties Acquired 22 Units San Francisco, CA • S el f mana ged the prop ert y • Concentrated in a sing le asset and location • BMO Bank Tire Discounters Walgreens • • • Mock-Up for Magazine Ad - April 2024 indd 1 2/21/2024 2:41:47 PM GET 2 MONTHS FREE Is
https: //comesave.livable.com/sfaa Recover up to 90% with Livable Pro
including water with rent sinking your bottom line?
Shady Plot
written by VARIOUS AUTHORS
With the future of Costa-Hawkins unknown, consider raising rents now.
Q.I learned that a resident no
A. The rst course of action you must take is to donate to the campaign to save the Costa-Hawkins Rental Housing Act from being repealed. Visit www.SaveCostaHawkins.com and join the San Francisco Apartment Association and California Apartment Association’s political action committee to defeat the Justice for Renters Act, a measure set to appear on the November 2024 ballot and, if passed by the voters, shall fully repeal Costa-Hawkins.
At this time, solely because of CostaHawkins—a state law that passed in the mid-1990s—you are permitted to adjust rent to market rate because the original occupant (your tenant) is no longer using the housing as a permanent place of residence. Confer with an attorney to help you prepare and serve the proper notice to e ectuate this rent adjustment.
In addition, you may want to concurrently engage a private investigator to assemble evidence to support your position that this person no longer lives in the one-bedroom apartment. Your attorney will also provide
guidance on how to stop your tenant from “lease pro ting” by charging more rent than what is paid to you, a scheme that is expressly prohibited by the City’s rent law.
Keep in mind that your tenant may challenge the rent increase either in court or at the Rent Board. The Rent Board takes the position that certain excusable absences do not equate to a permanent departure. For example, school and work commitments, caring for a family member, or even lengthy vacations and sabbaticals often justify an absence that does not permit a new rental rate. In addition, the Rent Board allows for multiple permanent places of residence, meaning someone may split their time between households and not lose their rent control protection. But you should still make the e ort to adjust rent now while Costa-Hawkins remains the law of the land.
Should the Justice for Renters Act pass in November, all of this goes away. Because the City’s rent laws permit subletting regardless of lease restrictions and prohibitions, should CostaHawkins be repealed, tenants will be able to leave and hand over their keys to new occupants, and you will not be able to increase rent to market rate.
In addition, a repeal of Costa-Hawkins will permit cities throughout the state to enact what is known as “vacancy
control,” a stringent form of rent control where the government sets the price points for apartments regardless of who leaves or stays. Indeed, without Costa-Hawkins, the City can pass regulations that will dictate maximum rents for fully vacated and renovated apartments, meaning you will never achieve a market rate rent under any circumstance. If you doubt this could happen, just ask housing providers in the nation’s largest rental market, New York City, where a June 2019 legislative overhaul greatly strengthened vacancy control regulations and, as a result, multifamily real estate values plummeted by 30-35%.
In sum, don’t delay your contributions to SaveCostaHawkins.com. Should the repeal pass, you could be stuck with this new occupant at the same rental rate forever, save for the small annual allowable increases. Once you have donated, have your attorney issue a Costa-Hawkins rent increase notice and hire a private investigator to compile the necessary data to address any legal pushback from the departed lessee.
(To learn more about what CAA and SFAA are doing to defeat the Justice for Renters Act, turn to page 36.)
—Dave Wasserman
Q.
A. The eviction process starts with the service of the initial ten-day notice to pay or quit. Accepting late or partial
34 APRIL 2024 | SF APARTMENT MAGAZINE
COLUMN LEG AL Q& A
SF APARTMENT MAGAZINE | APRIL 2024 35 Help your tenants be better recyclers. Go to “Helpful Resources” at Recology.com to download printable guides and signage to help your tenants be better at the bin. 2023 10 SF Apt Anns Magazine Blue Bear v1 indd 1 10/9/23 2:32 PM Koster & Leadbetter LLP The Flood Building 870 Market Street • Suite 450 • San Francisco, CA 94102 www.kosterleadbetter.com PRACTICAL REAL ESTATE ADVICE YOU CAN COUNT ON • Residential (rental property owners) • Commercial • Land Use • Contract Formation • Dispute Resolution Denise A. Leadbetter Attorney at Law denise@kosterleadbetterlaw.com 415-713.8680 Thomas Koster Attorney at Law thomas@kosterleadbetterlaw.com 415-680-0023
payment from a tenant will waive your right to pursue an unlawful detainer.
In your matter, acceptance of a partial payment after the ten-day and three-day notices were served will “reset” the eviction process as the notices you served are no longer legal or valid. You will therefore need to serve another ten-day notice to pay or quit and three-day notice to pay or quit for the balance of the unpaid rent.
It is best practice to accept the full amount of unpaid rent demanded within the notice periods, and reject partial payments to preserve your ability to le an unlawful detainer action.
—Rowena Gargalicana
The information contained in this article is general in nature. Consult the advice of an attorney for any speci c problem. Dave Wasserman is with Wasserman ces and can be reached at 415-567-9600. Rowena Gargalicana is with Fried, Williams & Grice Conner, LLP and can be reached at 415-956-8100.
PROTECT PROPERTY RIGHTS
In the upcoming November election, California’s rental housing providers face an existential threat from a ballot measure that could overturn the state’s most important rental housing law and unleash widespread and unbridled rent control at the local level.
The so-called “Justice for Renters” Act seeks to overturn the Costa-Hawkins Rental Housing Act.
For nearly thirty years, Costa Hawkins has been a fundamental part of California’s housing policy. This act exempts single-family homes and properties built after 1995—or earlier if they were in cities with rent control when Costa Hawkins passed. This provision of Costa Hawkins, often referred to as the “new construction exemption,” has been important in encouraging the development of new rental units throughout the state, particularly in communities that have rent control.
Moreover, Costa-Hawkins enshrines the principle of vacancy decontrol. This policy permits landlords to reset rental prices to current market rates once a tenant vacates a unit. Such adjustments are essential for property owners, ensuring that there is a return on the investment, and that the owner can engage in property maintenance and improvements.
The initiative to repeal Costa-Hawkins comes from anti-housing activist Michael
time such a measure has been presented to California voters. Weinstein’s previous attempts to undo Costa-Hawkins—Propositions 10 and 21—went down in utter defeat following campaigns led by the CAA and its campaign committee, Californians for Responsible Housing.
POTENTIAL OUTCOMES OF REPEALING COSTA-HAWKINS
If the Justice for Renters Act were to pass, it would invite a return to extreme rent control policies, like those observed in cities like Berkeley, San Francisco, and Santa Monica before Costa-Hawkins. This would reduce the availability and quality of rental units and deter the development of new rental housing and any additional private investment in upgrading and maintaining quality units.
Such a shift can hurt the very renters it purports to protect. Stricter rent control will lead to reduced maintenance and fewer improvements in existing rental proper-
heightened rental prices as the supply for any uncontrolled units become scarcer. The reduced turnover in rent-controlled units could also limit housing mobility, making it contribute to a less dynamic and less equitable rental housing market.
CAA’S RESPONSE AND ADVOCACY
CAA is leading the charge against the Justice for Renters Act and has reactivated the Californians for Responsible Housing campaign team. Learn about the campaign at SaveCostaHawkins.com. Having handedly defeated Weinstein’s prior attacks on CostaHawkins, CAA is preparing for a substantial campaign this election cycle. Like the campaigns to defeat Props 10 and 21, this year’s campaign is expected to cost in the tens of millions of dollars. CAA will again educate voters about the far-reaching negative consequences of repealing Costa-Hawkins and the impacts such a repeal would have on rental housing providers, renters, and California’s economy overall.
-
tect Costa-Hawkins. For additional information and to stay apprised of developments
tion at SaveCostaHawkins.com
36 APRIL 2024 | SF APARTMENT MAGAZINE
For All Your Security Needs Since 1916 Locks • Alarms Access Control Video Surveillance • Mailboxes Intercom & Phone-Entry Systems Repair • Install • Home or Office Two Locations to Serve You 1720 Sacramento Street San Francisco, CA 94109 101 Industrial Road, No. 12 Belmont, CA 94002 www.warmansecurity.com 24/7 Service 415.775.8513
The above content was written by CAA Marketing and Communications Director Mike Nemeth.
SF APARTMENT MAGAZINE | APRIL 2024 37 601 Montgomery Street • Suite 400 San Francisco, CA • 94111 info@zfplaw.com • zfplaw.com 415.956.8100 San Francisco’s
premier real estate law firm has been advancing the rights of property owners for over two decades. Contact us for your real estate legal needs, and scan the QR code to subscribe to our monthly newsletter.
Landlord & Leasing Agent, A Winning Combo.
Having over 25 rental units of her own, Jackie brings first-hand experience as a landlord to all of our Rentals In S.F. clients.
Every day, our team endeavors to find qualified tenants for our clients. With an expert understanding of the ever changing San Francisco rental market, we have made it our priority to fill your vacant unit quickly, effortlessly, at market rent and with your ideal tenant!
With just one phone call, Jackie will come over to access your needs, appraise your unit, and do all the marketing, prospecting and screening. We then present you with a qualified tenant ready to move in.
Call Jackie at Rentals In S.F. to fill your vacancy. It will be one of the best calls you’ll ever make. Just ask all our clients!
Former SFAA winner
* Leasing Agent of the Year
* Landlord of the Year
38 APRIL 2024 | SF APARTMENT MAGAZINE
SF APARTMENT MAGAZINE | APRIL 2024 39 • Multi-family specialists • Value add remodels • Accessory Dwelling Units • Physical needs assessments • Pre-purchase consultations • Feasibility and capacity studies • Interior / Exterior renovations • Urban infill • Mixed-use • Review Services OpenScope Studio 1776 18th Street San Francisco, CA 94107 openscopestudio.com info openscopestudio.com (415) 891-0954 WELCOME TO 360º DIGITAL LAUNDRY SOLUTIONS Ensure unparalleled reliability, security and industry-leading uptime and performance. Unlock the full potential of digital laundry today: WASH-Connect App Residents pay for laundry with their phone and have access to handy laundry resources. CALL TODAY FOR A FREE, NO-OBLIGATION LAUNDRY ROOM CONSULTATION. M CONNSUULTATIONN. ACH Payments Quick and secure direct deposit of commissions to your account without the hassle of paper checks. Connected Laundry Rooms Get instant access to real-time data to manage laundry room operations including accurate revenue counts, service history and fully customized reports. Client Portal View real-time laundry room performance metrics, manage service requests and more. WASH.COM/WASH-CONNECT 800.421.6897
sfaa2024calendar
sfaa 2
MONDAY, APRIL 8
Board of Directors Meeting
11:30 a.m.
FRIDAY, APRIL 19
Zoom
10:00 a.m. to 11:00 a.m.
Members $45 Non-Members $65
Best Practices for Handling Nuisance Issues
Zoom
1:00 p.m. to 2:00 p.m.
April
Tenant Liability & How to Protect Your Assets
Zoom
1:00 p.m. to 2:00 p.m.
WEDNESDAY, APRIL 17
SFAA Virtual Legal Panel
10:00 a.m. to 11:00 a.m.
MONDAY, MAY 6
Board of Directors Meeting
11:30 a.m.
Bed Bugs Remediation & Regulations
Zoom
1:00 p.m. to 2:00 p.m.
Members $45 Non-Members $65
Members $45 Non-Members $65
FRIDAY, APRIL 26
You’re Going to Have to Serve Somebody
Zoom
10:00 a.m. to 11:00 a.m.
Members $45 Non-Members $65
Members $45 Non-Members $65
Intellirent: Creating a Listing That Works
Zoom
10:00 a.m. to 11:00 a.m.
FREE for SFAA Members Only , , 2024 for .
May
WEDNESDAY, MAY 8
Zoom
10:00 a.m. to 11:00 a.m.
Members $45 Non-Members $65
FRIDAY, MAY 24
Roommates & Revolving Doors
Zoom
10:00 a.m. to 11:00 a.m.
Members $45 Non-Members $65
WEDNESDAY, MAY 15
In Person Member Meeting
Jewish Community Center, Kanbar Hall
3200 California Street, SF, CA 94118
5:00 p.m. to 7:00 p.m.
WEDNESDAY, MAY 29
The Corporate Transparency Act
Zoom
10:00 a.m. to 11:00 a.m.
FRIDAY, MAY 17
Intellirent: Resident Screening & Rental Marketing
Zoom
1:00 p.m. to 2:00 p.m.
FREE for SFAA Members Only
Members $45 Non-Members $65 , 2024 for .
40 APRIL 2024 | SF APARTMENT MAGAZINE
join online at sfaa.org or call 415.255.2288
SFAA’S TENANT SCREENING SERVICE
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.
ALLOWABLE RENT INCREASES 2024 - 2025: 1.7%
Effective March 1, 2024 through February 28, 2025, the allowable annual rent increase is 1.7%. 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.
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
03/01/24
03/01/23
03/01/22
03/01/21
03/01/20 - 02/28/21
03/01/19 - 02/29/20
03/01/18 - 02/28/19
03/01/17 - 02/28/18
03/01/16 - 02/28/17
03/01/15 - 02/29/16
03/01/14 - 02/28/15
03/01/13 - 02/28/14
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. If you are an owner of a residential dwelling unit or guest unit, you must pay a Rent Board Fee by March 1 of each year unless you have a current exemption on file with the Rent Board or a Homeowners’ Exemption on file with the Office of the Assessor-Recorder.
While this fee was previously collected on the property tax bill, owners must pay this fee to the Rent Board directly as of 2022. Payment can be made through the Rent Board Portal.
03/01/09 - 02/28/10
03/01/08 - 02/28/09
03/01/07 - 02/29/08
SF APARTMENT MAGAZINE | APRIL 2024 41
INTELLIRENT FOR MORE INFORMATION: 415-849-4400 SAN FRANCISCO’S CAPITAL IMPROVEMENTS
capital improvement interest rates for
listed below: AMORTIZATIONINT. RATE 7 YEARS 2.8%.01312 10 YEARS 2.8%.00956 15 YEARS 3.0%.00691 20 YEARS 3.1%.00560
CONTACT
The
3/1/23 through 2/29/24 are
ALLOWABLE RENT INCREASES PERIOD 03/01/24 - 02/28/25 1.7% 03/01/23 - 02/29/24 3.6% 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%
- 02/29/12 0.5%
- 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%
- 02/28/07 1.7%
FRANCISCO RENT BOARD
Van Ness Avenue #320 San Francisco,
415-252-4600
03/01/11
03/01/10
03/01/06
SAN
25
CA 94102
www.sfgov.org/rentboard
ON DEPOSITS PERIOD
5.2%
- 02/29/25
2.3%
- 02/29/24
0.1%
- 02/28/23
0.6%
- 02/28/22
2.2%
2.2%
1.2%
0.6%
0.2%
0.1%
0.3%
0.4%
0.4%
0.4%
03/01/12 - 02/28/13
03/01/11 - 02/29/12
0.9%
03/01/10 - 02/28/11
3.1%
5.2%
5.2%
ALLOWABLE RENT BOARD FEE COLLECTABLE FROM TENANTS 2023-2024 $29.50 2022-2023 $29.50 2021-2022 $29.50 2020-2021 $25.00 2019-2020 $25.00 2018-2019 $22.50 2017-2018 $22.50 2016-2017 $20.00 2015-2016 $18.50 2014-2015 $18.00 2013-2014 $14.50 2012-2013 $14.50 2011-2012 $14.50 2010-2011 $14.50 2009-2010 $14.50 2008-2009 $14.50 2007-2008 $13.00 CONTACT THE SAN FRANCISCO RENT BOARD FOR MORE INFORMATION 415-252-4600 sfgov.org/rentboard 2024 ALLOWABLE RE INTERE ONDEPOSITS join online at sfaa.org or call 415.255.2288 & information
SFAA Professional Services Directory
FRIED, WILLIAMS & GRICE CONNER, LLP
cfried@friedwilliams.com
FIRST AMERICAN EXCHANGE COMPANY
Lisa Jackson 415-244-1339
sequent-rewm.com
SHWIFF, LEVY & POLO LLP www.slpconsults.com
AEC ALARMS
Yat-Cheong Au 408-298-8888 Ext: 188 sales@aec-alarms.com
Mark Hogan 415-891-0954 www.openscopestudio.com
Dawn Ma 415-695-2700 www.que-arch.com
PROFESSIONAL PROPERTY MANAGEMENT ASSOCIATION
Renee A. Engelen www.ppmaofsf.org renee@hrhrealestate.com
BARTH CALDERON, LLP
Paul Hitchcock 415-577-4685
Paul@barthattorneys.com
All languages welcome
BORNSTEIN LAW
Daniel Bornstein, Esq. 415-409-7611 www.bornstein.law
CHONG LAW
Dolores Chong 415-437-7807 chongdolores@earthlink.net
Jak S. Marquez 415-977-0444 x232 www.dowlingmarquez.com
Spanish
FISHER BOYLES, LLP
Matthew Weiner 415-595-8706
FRANK KIM ESQ., EVICTION ASSISTANCE
Jo Biel 415-752-6070
Spanish, Korean, Cantonese and Mandarin
Farsi, French, Portuguese, Spanish
HERZIG & BERLESE
Barbara Herzig 415-861-8800 bherzig@hbcondolaw.com
ILENE M. HOCHSTEIN, ATTORNEY AT LAW
Ilene Hochstein 650-877-8288 ilene@hochsteinlaw.net
KIMBALL, TIREY & ST. JOHN LLP
Kelli Dodson 800-525-1690 kelli.dodson@kts-law.com www.kts-law.com
LAW OFFICES OF KOSTER & LEADBETTER, LLP
Denise Leadbetter 415-713-8680 denise@kosterleadbetterlaw.com www.kosterleadbetterlaw.com
LAW OFFICE OF EDWARD KAIGH, PC
Edward Kaigh 917-406-6063 edward@kaighlaw.com
LAW OFFICES OF SCOTT T. OKAMOTO
Scott T. Okamoto 415-766-5871 www.scottokamotolaw.com
Juliana Pisani 415-800-7562 Juliana@jpisanilaw.com
Italian
LAW OFFICES OF LAWRENCE M. SCANCARELLI
Lawrence M. Scancarelli 415-398-1644 www.sfrealestatelaw.com
MASTROMONACO REAL PROPERTY
Leonard Mastromonaco 415-354-2702 len@mastrolawgroup.com
NIVEN & SMITH
Leo M. LaRocca 415-981-5451 leo@nivensmith.com
NIXON PEABODY
Ashley Klein 415-984-8390 aklein@kdvlaw.com
PISANI LAW
Juliana Pisani 415-800-7562 juliana@jpisanilaw.com
Kevin Rose 415-567-9000 www.reubenlaw.com
ju@sheppardlaw.com
SINGER, SCOTT & DECKER, P.C.
Edward Singer 650-393-5862 www.edsinger.net
STEINER LAW OFFICE
Michael Heath 415-931-4207 mheath@mheathlaw.com
STEVEN ADAIR MACDONALD & ASSOCIATES, PC
Steven Adair MacDonald 415-956-6488 www.samlaw.net sam@samlaw.net
Mandarin, Cantonese & Spanish TRN LAW ASSOCIATES
www.trnlaw.com
WASSERMAN
Dave Wasserman 415-567-9600 www.davewassermansf.com
Andrew J. Wiegel 415-552-8230 www.wiegellawgroup.com
ZACKS & FREEDMAN, PC
Andrew M. Zacks 415-956-8100 www.zfplaw.com
ZANGHI TORRES ARSHAWSKY, LLP
John P. Zanghi 415-977-0444 www.zatlaw.com
CROWN & SHIELD PEST
Aurora Garcia-Vidaca 415-893-9551 www.crownandshieldpestsolutions.com
PREMIER CANINE DETECTION
Jordan Garcia 415-612-6645 www.premiercaninedectection.com
SF BLIND CLEANERS
Andy Dovchin 415-523-0404 andy@sfblindcleaners.com www.sfblindcleaners.com
BLATTEIS REALTY CO.
David Blatteis 415-981-2844 www.sfretail.net
PODS
Chad Schutt 310-270-5127 cschutt@pods.com
EDRINGTON AND ASSOCIATES
Steven Edrington 510-749-4880 steve@edringtonandassociates.com
Caleb Wyman 415-209-8439 caleb@c-jcustombuilds.com www.c-jcustombuilds.com
42 APRIL 2024 | SF APARTMENT MAGAZINE
AMSI
Robb Fleischer 415-447-2020 www.amsires.com
INTELLIRENT
Cassandra Joachim 415-849-4400 www.myintellirent.com
Selina Pribuss 650-588-0447 selina.p@pribuss.com www.pribuss.com
THE GREENSPAN CO./
Rebecca Holloway 707-540-5584 rebecca@greenspan-ai.com
P.W. STEPHENS ENVIRONMENTAL
Sheri Buenz 510-651-9506 sherib@pwsei.com
Alexander Grant 971-275-7365 alex@urbanev.com
Cade Osborne 415-319-4789 cade@borne-consulting.com borne-consulting.com/
ESCAPE ARTISTS
Ben Maxon 415-279-6113 www.sfescapeartists.com
GREAT ESCAPE SERVICES
Terry Walsh 415-566-1479 www.greatescapeservice.com
A-TOTAL FIRE PROTECTION COMPANY, INC.
Monte L. Osborn, CEO
Tyler Osborn, CFO 530-672-8495
AEC ALARMS 628-208-0188
BATTALION ONE FIRE PROTECTION
Tim Morse 510-653-8075
EMERGENCY SYSTEMS, INC.
Eric Hagerman 415-564-0400
RECOLOGY GOLDEN GATE RECYCLING
Minna Tao 415-575-2423 recologysf.com
Dan Negron 415-330-2911 recologysf.com
VALET LIVING
Briana Sellers 813-613-5073 briana.sellers@valetliving.com www.valetliving.com
Josh Grosser 415-215-4670 joshg@luxerone.com
jhong@intersolutions.com
Lisa Isom 866-913-6293 www.arm-i.com
Gerald Becerra 415-788-4700 www.barbaryinsurance.com
COMMERCIAL COVERAGE
Paul Tradelius 415-436-9800 www.comcov.com
SERVICES
David.gordon@gordoninsurance.com
Sarmad Naqvi 510-590-0635 sarmad.naqvi@usi.com www.usi.com
COMCAST/XFINITY
Michael Juliano 925-495-9922
MAVEN MAINTENANCE, INC.
Craig Lipton 415-829-2207
www.mavenmaintenance.com
ONE STOP MAINTENANCE
John Flaxa 650-296-4947 info@onestopmaintenance.co www.onestopmaintenance.co
WEST COAST PROPERTY MANAGEMENT
Joseph Keng 415-885-6970 ext. 101 www.wcpm.com
THE BAR ASSOCIATION OF SAN FRANCISCO CONFLICT INTERVENTION SERVICE
Scott Goering 415-782-8940 sgoering@sfbar.org
Steven Mandac 650-425-0353 sales@clutchmovingcompany.com www.clutchmovingcompany.com
PODS
Lee A. Wohlwerth 279-444-9733 lwohl@pods.com
Daniela Franco 415-656-9951 daniela.franco@dunnedwards.com
JH PAINTING LLC
Jesus Hernandez 415-531-7033 dezpainting@gmail.com Kruitpainting, Inc.
415-254-7818
www.kruitpainting.com
PAC WEST PAINTING INC.
Brian Beaulieu 415-457-0724
www.pacwestpaintinginc.com
PETERS PAINTING SERVICES
Peter Pantazelos 415-647-4722 www.peterspainting.com
TARA PRO PAINTING INC.
Brian Layden 415-822-2011 www.tarapropainting.com
ATCO PEST & TERMITE CONTROL & HOME RESTORATION
Richard Estrada 415-898-2282 www.atcopestcontrol.com
Selina Pribuss 650-588-0447 selina.p@pribuss.com www.pribuss.com
Michelle Li 415-794-2176
JPMORGAN CHASE
Behzad Boroumand 415-315-5255 behzad.boroumand@chase.com jpmorgan.com/commercial-real-estate
CROWN LOCK & HARDWARE
Joe Schoepp 415-221-9086
GREENTREE MAINTENANCE
Yvonne Figueroa 415-854-9495 Figueroa@veritasinv.com
BANNER PEST SERVICES
Brad Erekson 650-678-2300 brad@bannerpc.com www.bannerpc.com
CROWN & SHIELD PEST
Aurora Garcia-Vidaca 415-893-9551 www.crownandshieldpestsolutions.com
C.R. REICHEL ENGINEERING CO. INC.
Tim Lordier 415-431-7100 www.crreichel.com
Selina Pribuss 650-588-0447 selina.p@pribuss.com www.pribuss.com
SF APARTMENT MAGAZINE | APRIL 2024 43
Larry Bustillos 415- 651-4977 larry@rl.plumbing www.rlplumbingsanfrancisco.com
Niall 415-505-2180 niall@rosplumbing.com
Albert Lee 415-387-8163 urgentrtr@sbcglobal.net
RHINO PROCESS SERVING INVESTIGATION
Lindon Lilly 833-711-3400 info@lllegalassistance.com www.lllegalassistance.com
MELGAR REAL ESTATE SERVICES
Suzy Melgar 650-745-8186 info@mresbayareahomes.com
2B LIVING
Brooks Baskin 650-763-8552 brooks@twobliving.com www.twobliving.com
Timothy Cannon 415-841-2105 tim@sanfranrealestate.com www.abacuspropertymanagement.com
ADVENT PROPERTIES, INC.
Benjamin Scott, CCRM 510-289-1184 www.adventpropertiesinc.com
ALEXANDERSON PROPERTIES
Eric Alexanderson 415-285-3737 alexandersonproperties.com alexanderson08@yahoo.com
Hannah Lawson (415) 413-7845 lroos@hollandpartnergroup.com www.hollandresidential.com
AMORE REAL ESTATE, INC
Jerry Hsieh 415-567-4800 www.amoresf.com
The following members are SFAA Property Management Members. They fully support the organization and are dedicated to SFAA’s goals. For more information about the bene ts of becoming a Property Management Member, contact Maria Shea at maria@sfaa.org or 415-255-2288 x 110.
ADVENT PROPERTIES, INC.
Benjamin Scott, CCRM 510-289-1184
www.adventpropertiesinc.com
AMSI
Robb Fleischer 415-447-2020
www.amsires.com
CECCHINI REALTY CO.
Dante Cecchini, CCRM 415-550-8855
www.cecchinirealty.com
CITYWIDE PROPERTY MANAGEMENT
Carol Cosgrove 415-552-7300
www.citywidesf.com
DEWOLF
William Talmage 415-221-2032
www.dewolfsf.com
GAETANI REAL ESTATE
Paul Gaetani 415-668-1202 www.gaetanirealestate.com
GREENTREE PROPERTY MANAGEMENT 415-828-8757
www.greentreepmco.com
GORDON CLIFFORD PROPERTIES, INC.
patrick@gcpropertiessf.com
HRH REAL ESTATE SERVICES CORPORATION
Renee A. Engelen (415) 810-6020 www.hrhrealestate.com
J. WAVRO PROPERTY MANAGEMENT
James Wavro 415-509-3456 www.jwavro.com
LINGSCH REALTY
Natalie M. Drees 415-648-1516 www.lingschrealty.com
Misha Langley 415-431-9104 x 301 misha@plco.net
PONTAR REAL ESTATE
Merri Pontar 415-421-2877 www.pontarrealestate.com
Dace Dislere & Joe Gillach 415-515-4329
REAL MANAGEMENT COMPANY
J.J. Panzer 415-821-3167 www.RMCsf.com
S&L REALTY
Robert Link 415-386-3111 www.slrealty-sf.com
Corey Eckert 415-794-0064 www.structureproperties.com
Salman Shariat 415-341-8774 www.sutroproperties.com
Craig Berendt 415-520-2205 vertexsf.com
WEST & PRASZKER REALTORS
www.wprealtors.com
WEST COAST PROPERTY MANAGEMENT
Eric Andresen 415-885-6970 www.wcpm.com
VESTA ASSET MANAGEMENT
paul@vesta-assetmanagement.com
ANCHOR PROPERTIES MANAGEMENT LLC
Anton Qiu 415-722-6452 anton@apcap.us
ANCHOR REALTY
Mark Campana 415-621-2700 mark@anchorealtyinc.com www.anchorealtyinc.com
ARTAL PROPERTIES
John Artal 415-647-4400 artalproperties@gmail.com www.artalproperties.com
AYS MANAGEMENT
Kevin Newsome 510-708-0165 ayspropertymanager@gmail.com
BANCAL PROPERTY MANAGEMENT
Tammy McNaught (415) 397-1044 accountingoperations@bancalsf.com tammy@bancalsf.com
Anna Katz 510-836-0110 anna@baypropertygroup.com www.baypropertygroup.com
BAYVIEW PROPERTY MANAGERS
James Blanding 415-822-8793 xt.4 bayview60@comcast.net www.bayviewpropertymanagers.com
BEAM PROPERTIES, INC.
Darius Chan 415-254-8679 darius@sfbeam.com
BETTER PROPERTY MANAGEMENT
Steven Brown 415-861-9980 sbrown@bpm-re.com
BLVD RESIDENTIAL
Debbie Brackett 650-328-5050 dbrackett@blvdresidential.com www.blvdresidential.com
BOARDWALK INVESTMENTS
Marilyn Andrews 650-355-5556 ma@boardwalkrents.com
Patricia Lee 415-205-7401 pleehomes@gmail.com
PRESIDIO LANDMARK
Jon King 855-327-5376
CANNIZZARO REALTY
John Cannizaro 415-795-2360 john@cannizzaro-realty.com
CANTRELL ASSOCIATES CORPORATION
Jim Cantrell 415-956-6000 jimcha@pacbell.net
CECCHINI REALTY
Dante Cecchini (650) 255-5273 info@cecchinirealty.com
CENTERSTONE PROPERTY MANAGEMENT
Ron Erickson 415-626-9944 rjerickson@sbcglobal.net
Paolo Pedrazzoli 818-808-3530 ppedrazzoli@Cirrusami.com
CITIBROKERS REAL ESTATE, INC.
Jason Abbey (415) 221-5000
Jason@citibrokersrealestate.com
44 APRIL 2024 | SF APARTMENT MAGAZINE
CITYWIDE PROPERTY MANAGEMENT
Carol Cosgrove 415-552-7300 www.citywidesf.com
COIT TOWER PROPERTIES
Yoshi Yamada 415-447-6834 Yoshicoit@yahoo.com
CONSOLIDATED PROPERTY MANAGEMENT
Penny Pan 415-682-0708
CORCORAN ICON PROPERTIES
Dawn Cusulos 415-678-8854 dawn.cusulos@corcoranicon.com
Eclipse Property Management Inc.
Terrence Tom 510-865-8700 x303 ttom@eclipsepm.net
EBALDC
Felicia Scruggs 510-287-5353 FScruggs@ebaldc.org
FOGCITI REAL ESTATE INC. PROPERTY MANAGEMENT
Paul Mora 415-674-1440 pmora@fogciti.com
Christopher Barrow 415-507-9600 cb@foundationhomes.com
GAETANI REAL ESTATE
Paul Gaetani 415-668-1202 www.gaetanirealestate.com
GEARY REAL ESTATE, INC.
Melissa Geary melissa@gearyrealestateinc.com
GEORGE GOODWIN REALTY, INC.
Chris Galassi 415-681-1265 www.goodwin-realty.com
GOLDEN GATE PROPERTIES
Ferdinand Piano 415-498-0066 ferdinand@g2properties.com
GREENTREE PROPERTY MANAGEMENT
Scott Moore 415-828-8757 www.greentreepmco.com
GM GREEN REAL ESTATE INC.
George Green 415-608-6485 ggreen@gmgreen.com www.gmgreen.com
GORDON CLIFFORD PROPERTIES, INC.
patrick@gcpropertiessf.com
HOGAN & VEST INC.
Simon Wong 415-421-7116 hoganvest.com
HRH REAL ESTATE SERVICES CORPORATION
Renee A. Engelen 415-810-6020 www.hrhrealestate.com
INCOME PROPERTY SPECIALISTS
Clayton Llewellyn 408-446-0848 www.ipsmanagement.cc
PROPERTY MANGEMENT, INC.
Raymond Scarabosio 415-608-8300 ray@jacksongroup.net
James D. Mullin 415-470-0450 jamesdmullinre@gmail.com
Jonathan Davis 510-387-7792 jonathan.davis@jdmginc.com
KEYOPP PROPERTY MANAGEMENT
Melanie Leung 628-888-6650 support@keyopp.net
KREMSDORF PROPERTIES
LEADING PROPERTIES
Patrick Boushell 415-346-8600 x102 pboushell@leading-sf.com
LINGSCH REALTY
Natalie M. Drees 415-648-1516 www.lingschrealty.com
Susan Lucas 415-722-4724 susan@thelucascompany.com
M PROPERTIES
Mark Mangampat mark@mproperties.com
MAG MANAGEMENT
Lana August lanaml@gaehwiler.com
MARSHALL & CO. PROPERTY MANAGEMENT
Marshall Jainchill marshall@marshallproperty.com
MCKEEVER REALTY
Chuck Lewkowitz chucklewkowitz@gmail.com
Randall Chapman 415-434-9700 www.mmgprop.com
Carlos Carbajal 415-420-6290
MORLEY FREDERICKS
REAL ESTATE SERVICES
Steve Morley 415-722-4724 susan@thelucascompany.com
MOSSER COMPANY
Neveo Mosser 415-284-9000 nmosser@mosserco.com
Laurie Thomas laurie@niceventures.com
NORTHPOINT APARTMENTS
Taylor Ownes-Kees 415-989-2007 towenskees@northpointsf.com www.thenorthpointapartments.com
ONERENT DBA POPLAR HOMES
Nicole Cheatham 408-381-3157 nicole@popularhomes.com
OPEN WORLD PROPERTIES
Jonathan Daryl Fleming 510-250-0946 jonathan@openworldproperties.com www.Openworldproperties.Com
David Orvick 408-497-1880 david@orvprop.com
PACIFIC REALTY
Kristine Delagnes 415-923-1100
Misha Langley 415-431-9104 x 301 misha@plco.net
James C. Keighran 415-474-7325 info@peakrealtygroup.com www.peakrealtygroup.com
PILLAR CAPITAL REAL ESTATE
Jonathan Ng 415-885-9584 jonathan@thepillarcapital.com
PIP INC./SFRENT
Sarosh Kumana 415-861-4554 sarosh@sfrent.net www.sfrent.net
PMREI
Paul McLean 415-999-1407 pmrei@outlook.com
PODESTO PROPERTIES
Gina Enriquez 415-794-7125 gandpofsf@aol.com
PONTAR REAL ESTATE
Merri Pontar 415-421-2877 www.pontarrealestate.com
Andrea Hayes 415-395-0880 frontdesk@pradogroup.com
PRIME METROPOLIS PROPERTIES, INC.
Tom Chan 415-731-0303 tomchan@pmp1988.com
Tori Linnell 916-838-2804 vlinnell@proequityam.com
Dace Dislere 415-794-9727 www.progressivesf.com
RAJ PROPERTIES
Jennifer Mayo 559-587-1318
www.rajproperties.com
Keith Jurcazak 650-303-3182 kj@ralstonmanagementgroup.com www.ralstonmanagementgroup.com
RAMSEY PROPERTIES
Brian E. Ramsey 415-474-5175 Brian@RamseyPropertiesSF.com
REAL MANAGEMENT COMPANY
J.J. Panzer 415-821-3167 www.RMCsf.com
RENTWISE PROPERTY MANAGEMENT
Brandon Temple 650-346-2006 Brandon@gorentwise.com
ROCKAWAY RESIDENTIAL MANAGEMENT
Kristine Abbey 650-290-3084
kristine@rockawayresidential.com rockawayresidential.com
ROCKWELL PROPERTIES
Mark Kaplan 415-398-2400
propertymanagement@rockwellproperties.com
RNB PROPERTY MANAGEMENTGOLDEN GATE
Kaveh Gorgani 415-413-3827
kaveh@rnbemail.com www.rnbgoldengate.com
SF APARTMENT MAGAZINE | APRIL 2024 45
Dipak Patel 415-672-1203 dipak@rpmmg.com
RYEBREAD PROPERTIES, INC.
Ryan Siu 415-385-8891 ryan@ryebreadproperties.com www.ryebreadproperties.com
SALMA & COMPANY
Ryan Salma 415-931-8259 propertymanager@salma-co.com www.salma-co.com
SHAREVEST PROPERTY MANAGEMENT, LLC
Timothy D. Gilmartin 650-347-2020 tim@thegilmartins.com
PROPERTY MANAGEMENT
Paul Montalvo 650-364-3167 paul@paulmontalvo.com
SIERRA PROPERTY PROFESSIONALS
Sonali Herrera sierrappinc@gmail.com
SILVER CREEK PROPERTY MANAGEMENT
Jonathan Arguello 925-600-1818 jmsilvercreek@sbcglobal.net www.teamsilvercreek.com
SKYLINE PMG, INC.
Nicholas Bowers 415-968-9903 Nicholas@skylinepmg.com
Corey Eckert 415-794-0064 www.structureproperties.com
Salman Shariat 415-341-8774 www.SutroProperties.com
TAPESTRY PROPERTIES
Roger Fong 415-334-6120 tapproperties2010@gmail.com
TOWER RENTS
Anthony Harkins 415-377-7571 tony@towerrents.com
Sherry Brown (520) 338-7731 sbrown@unityhomes.org
Craig Berendt 415-520-2205 csb@vertexsf.com
www.vertexsf.com
VESTA ASSET MANAGEMENT
paul@vesta-assetmanagement.com
VIVE REAL ESTATE
Mharla Ortega 415-495-4739 x1010 mharla@letsvive.com www.letsvive.com
WEST COAST PROPERTY MANAGEMENT
Eric Andresen 415-885-6970 www.wcpm.com
WEST & PRASZKER REALTORS
www.wprealtors.com
WICKLOW MANAGEMENT
Mike O’Neill 415-928-7377 wicklowmanagement@gmail.com www.wicklowsf.com
WILLIAM BOGGS
William Boggs 415-269-0689 sfboggsz@yahoo.com
YMPG
Yelena Gelzer 415-260-6325 yglezer@ympg-management.com
APPFOLIO
Mindy Sorenson 888-700-8299 mindy.sorenson@appfolio,com
DOOR LOOP
Maria Barbera 888-607-3667 mbarbera@doorlopp.com
RENT RAISERS
www.propertymanagementsystems.net
YARDI
Kelly Krier 805-699-2040 kelly.krier@yardi.com
MARK WATTS COMMERCIAL APPRAISAL
Mark Watts 415-990-0025 www.markwattscommercialappraisal.com
COMPASS COMMERCIAL BROKERAGE
John Antonini 415-794-9510 john@antoninisf.com
COMPASS COMMERCIAL BROKERAGE
Chris J. Connor chris.oconnor@compass.com
COMPASS COMMERCIAL BROKERAGE
Adam Filly 415-516-9843
COMPASS COMMERCIAL BROKERAGE
Jay Greenberg 415-378-6755 jay@jayhgreenberg.com
COMPASS COMMERCIAL
Mirella Webb 415-640-4133 mirella.webb@compass.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 415-370-7077 jason@iconsf.com
JEREMY WILLIAMS REAL ESTATE SALES
Jeremy Williams 415-932-9846 jeremy@jeremywilliams.com
KENNEY & EVEREST REAL ESTATE, INC.
Arthur Kramer, Jr. 415-290-7080 artiekramer@gmail.com
BERKSHIRE HATHAWAY FRANCISCAN PROPERTIES
Edward Milestone 415-994-5969 MilestoneRealEstateSF@gmail.com
BIG TREE PROPERTIES
Evan Matteo 415-305-4931 evan@bigtreeproperties.com
BRICK & MORTAR REAL ESTATE SERVICES
Eyal Katz 415-990-6762 eyal@brickandmortarsf.com
Kevin Chuck 415-595-5832 chuckassoc@gmail.com
COLDWELL BANKER COMMERCIAL NRT
Steven Caravelli 415-229-1367 steven.caravelli@cbnorcal.com
COLLIERS
Medhi Star 858-243-3954 mehdi.star@colliers.com nlx.colliers.com
COLLIERS INTERNATIONAL- JAMES DEVINCENTI
James Devincenti 415-288-7848 www.THEDLTEAM.com
COLLIERS INTERNATIONAL
Payam Nejad 415-288-7872 www.colliers.com/payam.nejad
COMPASS
Tim Johnson 415-710-9000 tim.johnson@compass.com www.timjohnsonsf.com
COMPASS
Allison Chapleau 415-516-0648 allison@allisonchapleau.com www.allisonchapleau.com
Everest Mwamba 415-902-3411 maureen@kenneyrealestate.com
Kilby Stenkamp 415-370-7582
LISA ANNE ECKERT
Lisa Anne Eckert 650-759-6726 eckertlisa205@gmail.com
Sanford Skeie 415-625-2153 www.marcusmillichap.com
MAVEN PROPERTIES
Matthew Sheridan matt@mavenproperties.com
NHB REAL ESTATE INC.
Tanya Dzhibrailova 415-531-6779 tanya@nhbrealestate.com www.nbhrealestate.com
PRIME METROPOLIS PROPERTIES, INC.
Tom Chan 415-731-0303 tomchan@pmp1988.com
RESIDE
Hilary Hedemark 617-416-4104 mlsinfo@sideinc.com
SF BAY RENTAL COMPANY
Leslie Burnley 415-717-8709
leslie.j.burnley@gmail.com
leslieburnley.com S&L Realty
S&L REALTY
Robert Link 415-386-3111 www.slrealty-sf.com
STEELE PROPERTIES
Ryan Steele 415-881-7762 ryan@steeleproperties.com www.steeleproperties.com
TERRENCE CHAN
Terrence Chan 415-317-7011 tchanhomes@gmail.com
46 APRIL 2024 | SF APARTMENT MAGAZINE
sfaa’s 2024 Legislative & Judicial Updates
NERT
Please join our class to breakdown the major changes of 2022 and beyond. Included will be a discussion about the various declared states of emergency and how those impact rent increases, issuance of rent demands with post-July 1 defenses, rent relief updates, insurance coverage issues, and the new 10-day warning requirements.
Moderator: Dave Wasserman, Wasserman & Wasserman
Panelists: Justin A. Goodman, Zacks, Freedman & Patterson, PC; Steve Williams, Fried, Williams & Grice Conner LLP, Ashley Klein, Kaufman, Dolowich & Voluck, LLP; Jak Marquez, Dowling & Marquez, LLP
DATE & TIME: Friday, April 19, 2024 10:00 a.m. – 11:00 a.m.
COST
Members: $45
Non-Members: $65
REGISTRATION: Contact Maria Shea at 415.255.2288 x110 or maria@sfaa.org.
WEBINAR
Once you complete registration you will be sent a separate link to register for the Zoom system.
NEIGHBORHOOD EMERGENCY RESPONSE TEAM (NERT)
Get prepared and be involved. NERT is a communitybased training program that takes a neighbor-helping-neighbor approach, creating lifelines between families, neighbors, and San Francisco’s emergency responders.
NERT is a free training program for individuals, neighborhood groups, and community-based organizations in San Francisco. Individuals learn the basics of personal preparedness and prevention. Participants learn hands-on disaster skills that will help them as members of an emergency response team and/or as a leader directing untrained volunteers during an emergency, allowing them to act independently or as an adjunct to City emergency services.
Enrollment is easy! Want to host a NERT training in your San Francisco building or neighborhood? Classes will be scheduled based on program need and location. To request a class, you must have thirty sign-ups and an ADA compliant space able to accommodate at least eighty people.
Neighborhood Emergency Response Team (NERT) (415) 970-2022
SFFDNERT@sfgov.org
NERT Class Sign-Up Hotline (415) 970-2024
SF APARTMENT MAGAZINE | APRIL 2024 47
sfaa s sf f fa a aa 2024
WEST
Dimitris Drolapas415-531-9659 dd@dimitrisdrolapas.com
CITY REAL ESTATE
Arthur Tom415-987-6788 art@cityrealestatesf.com cityrealestatesf.com
KENNEY & EVEREST REAL ESTATE, INC.
Everest Mwamba415-902-3411 maureen@kenneyrealestate.com
415-497-8307
steve@pacwestcre.com
MIRACLE METHOD OF SAN FRANCISCO NORTH
Jaime Munoz415-673-4211
MiracleMethodSFO@gmail.com www.miraclemethod.com/San-Francisco
RENT RAISERS
michelle@propertymanagementsystems.net
REAL MANAGEMENT COMPANY
Melinda Greene415-230-8895 www.RMCsf.com
Kim Boyd Bermingham415-333-8005 www.rentboardpass.com
HRH REAL ESTATE SERVICES CORPORATION
Renee A. Engelen415-810-6020 www.hrhrealestate.com
REALPAGE
Stacey Blackwell972-820-3015 stacey.blackwell@realpage.com www.realpage.com
CORCORAN ICON PROPERTIES
Dawn Cusulos415-678-8854
GORDON CLIFFORD PROPERTIES, INC. patrick@gcpropertiessf.com
HRH REAL ESTATE SERVICES CORPORATION
Renee A. Engelen415-810-6020 www.hrhrealestate.com
J. WAVRO ASSOCIATES
James Wavro415-509-3456 www.jwavro.com
KENNEY AND EVEREST REAL ESTATE, INC.
Maureen Kenney415-929-0717
maureen@kenneyrealestate.com
LINGSCH REALTY
Natalie M. Drees415-648-1516
www.lingschrealty.com
48 APRIL 2024 | SF APARTMENT MAGAZINE
& PRASZKER REALTORS
RELISTO Eric Baird415-236-6116 x101 www.relisto.com 265 IVY STREET | SAN FRANCISCO, CA | 94102 | PHONE 415-255-2288 | FAX 415-255-1112 San Francisco Apartment Association MEMBERSHIP LEVEL & COST REGULAR MEMBER DUES Units Base Fee Units Fee 1-22 $500 $9 per unit = 23 + $455 $11 per unit = TOTAL UNIT AMOUNT:TOTAL AMOUNT: MANAGEMENT COMPANY DUES Units Base Fee Unit Fee 1-22 $605 $5.5 per unit = 23 + $560 $7.5 per unit = TOTAL UNIT AMOUNT:TOTAL AMOUNT: ASSOCIATE MEMBER DUES: $570 CONTACT INFORMATION Contact Person Company/Title Address City State Zip Mobile Phone Email Address Website PAYMENT METHOD Check Amex MC Visa 3 Digit Security Code Card # Expiration Date Cardholder Name Billing Zip Code Authorized Signature Date HOW DID YOU HEAR ABOUT US? Referral From Postcard/Mailer Magazine Website Rent Board Other
eric@relisto.com
RENTALS IN S.F.
Jackie Tom 415-409-3263 www.rentalsinsf.com
RENTSFNOW
Stephanie Versin sversin@veritasinv.com www.rentsfnow.com
Corey Eckert 415-794-0064 www.structureproperties.com
Craig Berendt 415-520-2205 csb@vertexsf.com www.vertexsf.com
KASTLE SYSTEMS
Michael Madisan 415-828-2157 mike.madisan@kastle.com
SWIFTLANE
Jennifer Torres 949-327-1110 jtorres@swiftlane.com www.swiftlane.com
Alexandra Nazaire 212-266-0020 alexandra.nazaire@theguarantors.com www.theguarantors.com
Behnam Afshar 510-595-1994 x101 www.baiconstruction.com
Homy Sikaroudi, PhD, PE 510-271-0950 www.wcpc-inc.com
Shannon Valentino 714-654-9498 svalentino@bgmultifamily.com
Hannah Lawson 415-310-2388 hlawson@americancampus.com
LIVABLE
Daniel Sharabi 415-937-7283 www.livable.com
Corey Eckert 415-794-0064 www.structureproperties.com
Chandra Johnson 415-554-0704 www.conserve.sfwater.org
Noelle Airey 925-440-2074 noelle.airey@goblusky.com www.goblusky.com
DRYFAST PROPERTY RESTORATION LLC
Ivan Angelov 415-861-8003 info@dryfast.net
https://www.dryfast.net/
FARAGON RESTORATION LTD
Christian
415-648-6418 ops@faragonrestoration.com www.faragonrestoration.com
SF APARTMENT MAGAZINE | APRIL 2024 49
Munk
FIRE AND WATER DAMAGE RECOVERY Maria Neumann
www.waterdamagerecovery.net IDEAL RESTORATION Joseph Dito 415-656-9951 joe@idealsf.com www.idealsf.com RESTORATION MANAGEMENT, CO. Eric Shelton 510-815-0954 eric.shelton@rmc.com www.rmc.com AEC Alarms 15 Openscope Studio 47 Q-Architecture 38 Fried, Williams & Grice Conner LLP 47 Koster & Leadbetter, LLP 37 Zacks & Freedman, PC 51 Cal State Roofing, Inc. 57 Pribuss Engineering, Inc. 53 Great Escape Fire Escape 53 A-Total Fire Protection 18 Knox 38 WASH 39 Crown Lock & Safe 32 Warman Security 50 Colores Painting 57 Pac West Painting 18 Peter’s Painting Services 52 Rent Board Passthroughs 52 Gaetani Real Estate, Inc. 60 Maven Maintenance 23 Real Management Company 33 Rentals in SF 39 Structure Properties 25 Vertex Properties 6 West Coast Property Management 33 Yardi Breeze 19 Amore Real Estate 52 Coldwell Banker Commercial / Caravelli55 Coldwell Banker Commercial / McGue 13 Colliers / Devincenti 2 Colliers / Star & Bakhtvar 35 Compass / Antonini 59 Compass / Bonn & Webb 17 Compass / Filly 11 Compass / Greenberg 3 Marcus & Millichap 26-27 Maven Multifamily 31 Urban Life Real Estate 57 Vanguard Commercial / Chapleau 9 Vanguard Properties / Stack 14 Livable 35 Recology 37 Acceptance of an advertisement by this magazine does not necessarily constitute any endorsement or recommendation by SFAA, express or implied, of the advertiser or any goods or services offered.
800-886-1801
ad index NEED A PROFESSIONAL CONTRACTOR OR VENDOR?
Prevent Fires.
Tape and Bag Lithium Batteries
Place clear tape over the contact points of used lithium batteries.
Put taped lithium batteries in a clear plastic bag, and seal it shut.
collect the bag, sort the batteries, and safely ship them to companies that specialize in battery recycling.
of 10:00 a.m. and 5:00 p.m. Because SFAA’s sta is currently on a hybrid inperson/work-from-home schedule, please call the SFAA o ce to con rm your lease order and make an appointment for counseling whenever possible.
All SFAA sta members are available to assist you every day of the week. Rental forms can be accessed online at sfaa.org The best way to have your questions
answered is by calling the o ce at 415255-2288 and, if needed, selecting a sta member’s extension. Questions can also be submitted via email to MemberQuestions@sfaa.org.
And just a friendly reminder: timely payment of membership dues is the best way to help the association help you. The
Legal Questions
?
Confused about local and statewide rental housing laws? Take advantage of SFAA’s legal information network. Before every SFAA General Membership Meeting, a diverse panel of San Francisco landlord attorneys answers your questions about your property, your tenants and the San Francisco Rent Ordinance. SFAA monthly meet-
for members, so make sure you are getting the most out of your membership and be sure to attend the next meeting. Email Maria with questions for the panel: maria@sfaa.org
50 APRIL 2024 | SF APARTMENT MAGAZINE
News… continued from Page 10
2024 Winter CCRM Webinar Series Schedule & Registra on
To Register
Online: www.sfaa.org
Call: 415-255-2288 x.110
Email: maria@sfaa.org
SF APARTMENT MAGAZINE | APRIL 2024 A endee Informa on: Attendee Name: o Member o Non Member Title: Company Name: Address City: Zip: Phone: Fax: E-Mail: Local Association ID Number: Payment Information: o Credit Card o Mailing Check o Series Invoicing (members only benefit) Credit card number: Exp. Date Signature: Name printed: Cancellation Policy: Cancellations must be made 72 hours in advance for a refund SFAA does not provide refunds for No-Shows. Non-members must pay by credit card only!!! *Students requesting CalBRE Continuing Education Credits must show picture ID, immediately before admittance to the live offering. CCRM Certification Renewal Policy: In order to keep the certification active, CCRMs must complete twelve hours of continuing education credits & submit a renewal application along with a renewal fee every other year (2 hours of these credits must be in Fair Housing)
Course # Course Name Date Time Member NonMember # of A endees Total Series Full CCRM Series (Value Savings) PMR100 Introduc on to Ethical Property Management 1/30/2024 6PM-9PM $85.00 $100.00 PMR101 Ren ng the Property 2/6/2024 6PM-9PM $85.00 $100.00 PMR102 Beginning and Maintaining the Tenancy 2/13/2024 6PM-9PM $85.00 $100.00 PMR103 Renewal of Tenancy and Ending the Tenancy 2/20/2024 6PM-9PM $85.00 $100.00 PMR104 Maintenance Management: Maintaining the Property 2/27/2024 6PM-9PM $85.00 $100.00 PMR105 Liability & Risk Management 3/5/2024 6PM-9PM $85.00 $100.00 PMR106 Budget Development and Implementa on 3/12/2024 6PM-9PM $85.00 $100.00 PMR107 Fair Housing: It s the Law 3/19/2024 6PM-9PM $85.00 $100.00 PMR108 Professional Skills for Supervisors 3/26/2024 6PM-9PM $85.00 $100.00 EXAM CCRM Final Exam 4/2/2024 6PM-9PM FREE FREE Total Due Class Loca on Zoom Webinar System
student Class
Tuesday
Upon registra on the Zoom link will be emailed to the
is every
events@caanet.org 800.967.4222 980 Ninth Street, Suite 1430 Sacramento, CA 95814
caanet.org
While the results for the DCCC are not yet nal, the Dems for Change slate was remarkably successful and currently has secured eighteen of the twenty-four seats that were up for election. Candidates
Marjan Philhour, Nancy Tung, Michael Lai, and Lanier Coles spoke to SFAA members at our January membership meeting, and all were successful in their bids for a seat on the DCCC. This result is one to be proud of. It can, and should, pay dividends when the time comes for the DCCC to make endorsements in six Supervisor races in November and on any ballot measures that we’ll see. The results are also an indication that voters want elected o cials to focus on pragmatic solutions to our city’s problems instead of purity tests and ideological debates about issues that don’t impact city residents.
All in all, the March 2024 election was successful for SFAA and SFAA members. SFAA’s Political Action Committee took a position on four of the six ballot measures, and voters agreed on all four measures. With a focus on public safety and policing, helping to revitalize the economy, and refusing to allow the status quo around drug use on our streets, San Francisco residents’ priorities are coalescing around making real-world improvements to the city. There was an incredibly successful coordinated e ort to elect Democrats who will champion issues that actually x our city’s problems, including addressing public safety, housing production, quality public schools, and a vibrant economy.
While we won’t know exactly what will be on the November ballot, we do know that there will be a measure to address the City’s bureaucracy by eliminating many of the City’s commissions. We also know that the November election will be crucial in determining the future of the Board of Supervisors—the City’s legislative body. There will be highly contested races in District 1 (the Richmond District), District 3 (North Beach/the
52 APRIL 2024 | SF APARTMENT MAGAZINE
Northeast corner of the City), District 5 (the Haight/Hayes Valley/the Tenderloin), and District 9 (the Mission).
In District 1, incumbent Connie Chan will face o against Marjan Philhour in a redux of the 2020 district election, where Philhour fell short by just 145 votes. In District 3, Aaron Peskin is termed out, and Danny Sauter, Moe Jamil, and Sharon Lai will vie for votes. In District 5, Bilal Mahmood will challenge incumbent Dean Preston, and in District 9, Trevor Chandler is running a strong campaign against Jackie Fielder, Roberto Hernandez, and a number of other candidates.
The March 2024 results on public safety, drug use, and electing new Democratic leadership are a good indicator for the moderate candidates running in these races. It’s quite possible that the moderate camp can gain a majority of the Board of Supervisors for the rst time in many, many years, which will be pivotal for SFAA members. The progressive-led Board has been increasingly antagonistic to the rental property owner community over the last eight to ten years. A push for a moderate Board would be bene cial for property owners large and small, and it will be incredibly important to continue the political momentum that has been gained in the March election and over the past two or three years.
To help support these e orts to pass legislation that concerns public safety initiatives, a strong local economy, good public schools, and reasonable housing policies, it’s incredibly important for SFAA members to be active in local politics, and to support SFAA-endorsed candidates with contributions and by volunteering. The March election was a big, positive step, but we must continue the momentum over the next seven months to sustain results that move our city in the right direction.
SF APARTMENT MAGAZINE | APRIL 2024 53
Charley Goss is the San Francisco Apartment Association Director of Government A airs. He can be reached at charley@sfaa.org. Keeping The San Francisco Bay Area Safe Since 1988 Service@greatescapeservice.com Service@greatescape604inspection.com www.greatescapeservice.com FIRE ESCAPE SERVICE & INSPECTIONS Sec. 908 Annual fire escape Sec. 604 5 year Inspection California SB 721 6 year inspection IS YOUR BUILDING IN COMPLIANCE? (415) 566-1479
SF APARTMENT MAGAZINE | APRIL 2024 55
56 APRIL 2024 | SF APARTMENT MAGAZINE sfaa
265 IVY STREET | SAN FRANCISCO, CA | 94102 | PHONE 415-255-2288 | FAX 415-255-1112
IN
3200
5:00
On the List. experienced apartment Starts on page 42
sfa2024
SFAA VIRTUAL LEGAL PANEL Wednesday, April 17, 2024 10:00 a.m. to 11:00 a.m.
PERSON MEMBER MEETING Wednesday, May 15, 2024 Jewish Community Center, Kanbar Hall
California Street, SF, CA 94118
p.m. to 7:00 p.m.
SF APARTMENT MAGAZINE | APRIL 2024 57 Advertise Here! Reach 6,000 multifamily owners monthly! Mention this ad for a 6-month 10% discount!
58 APRIL 2024 | SF APARTMENT MAGAZINE 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 extra extra READ ALL ABOUT IT Speak Up!! Tell SFAA what you think of the services that it offers. You’ll be helping SFAA reach new members by telling prospective members about your Please take a few moments to answer the questions below (please be as Email your answers to Maria Shea at maria@sfaa.org with the subject line, know if we may use your testimonial in future SFAA marketing materials. about SFAA
SF APARTMENT MAGAZINE | APRIL 2024 59 CompassisarealestatebrokerlicensedbytheStateofCaliforniaandabidesbyEqualHousingOpportunitylaws.Licensenumber01527235.Allmaterialpresentedhereinisintendedforinformationalpurposesonlyandiscompiledfromsourcesdeemed reliablebuthasnotbeenverified.Changesinprice,condition,saleorwithdrawalmaybemadewithoutnotice.Nostatementismadeastoaccuracy ofanydescription.Allmeasurementsandsquarefootageareapproximate. JohnAntonini 415.794.9510 john@antoninisf.com www.antoninisf.com DRE01842830 MULTIFAMILY + MIXED-USE + ADD-VALUE
ListPrice$1,750,000 SOLD: 815BurnettAvenue
DanielFoley
DRE01866714 JOHNANTONINI+DANIELFOLEY FORSALE: 563-56517thAvenue
VacantDuplexw/noevictionhistory Large2bdflats(1,400+sq/ft) Expansionpotentialbehindgarage Opportunityforpartners,investors,or owneroccupier
Sold$125,000overlistprice AllCashBuyer,sevenoffers 5.3%CapRate,12.5GRM,$462/ft $385,000perunit Fiveunits,fivecarparking SalePrice$1,925,000
415.866.7997 daniel@danielfoley.com www.danielfoley.com
When good opportunities arise, a lot of people will say and do anything to win the deal. But can they deliver on those promises? Gaetani has been delivering for Bay Area property owners for three generations. like your real estate investments shouldn’t require a leap of faith – call the professionals at Gaetani.
PROPERTY MANAGEMENT gaetanirealestate.com 415.668.1202
LOTS OF PEOPLE WOULD JUMP AT THE OPPORTUNITY TO MANAGE THIS APARTMENT BUILDING BUT WHEN IT COMES TO YOUR INVESTMENTS, ISN’T IT BETTER FOR YOU TO LOOK BEFORE THEY LEAP?