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San Francisco Slightly Recovers San Francisco’s advertised rents started their recovery in February and were up 0.5% on a T3 basis through May, outpacing the U.S. figure by 20 bps. Other fundamentals struggled, with construction starts declining 77.7% YoY through May while investments decreased 81.4%, to $160 million.
San Francisco’s advertised rents started their recovery in February and were up 0.5% on a T3 basis through May, outpacing the U.S. figure by 20 bps. Other fundamentals struggled, with construction starts declining 77.7% YoY through May while investments decreased 81.4%, to $160 million.
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