It’s not just the state of California that is facing a big budget deficit. San Francisco’s own projected deficit keeps growing. Just last month, Mayor London Breen announced she was looking for a 10% budget cut to deal with a projected deficit of $800 million. City budget officials have projected a deficit of $800 million […]
San Francisco ended 2023 with the highest commercial real estate vacancy rate in the city’s history. San Francisco’s amount of vacant office space has reached the highest level ever recorded in the city’s history. According to preliminary fourth quarter data provided by real estate brokerage CBRE, the city’s vacancy rate ticked up nearly 2 percentage […]
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