Here you can find recent news coverage and analysis about Compass, real estate, business, California economics, and more.
March 19, 2019
To help the newly rich in their transition from apartment dwellers to masters of the universe, we’ve picked 7 San Francisco residences worthy of IPO dough. With Uber, Lyft, Airbnb, and Pinterest each set to go public this year, thousands of San Franciscans are poised to be vested—and raking in tons of cash. And as if the city by the bay didn’t have enough housing problems, ...more
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March 19, 2019
With Uber, Lyft, Airbnb, and Pinterest each set to go public this year, thousands of San Franciscans are poised to be vested—and raking in tons of cash. And as if the city by the bay didn’t have enough housing problems, these newly mega-rich tech employees are likely to be looking to upgrade their residences in a big way. While we know rich people don’t need much ...more
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March 19, 2019
To help the newly rich in their transition from apartment dwellers to masters of the universe, we’ve picked 7 San Francisco residences worthy of IPO dough. With Uber, Lyft, Airbnb, and Pinterest each set to go public this year, thousands of San Franciscans are poised to be vested—and raking in tons of cash. And as if the city by the bay didn’t have enough housing problems, ...more
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March 11, 2019
The current issue of Gentry magazine has a two-page ad with the headline “Big Brother or Real Estate Brokerage?” The copy reads: “Some brokerages use your information to make money on more than just real estate and mortgage transactions. We don’t. Your data is yours. Our job is to safeguard it. Period.” The ad is for Alain Pinel Realtors. The unidentified “Big Brother” is Compass, ...more
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March 11, 2019
The idea of building — or attempting to get approved — what most would consider the most spectacular waterfront home ever conceived is daunting in the least, and an arduous task at best. Which is what makes the opportunity afforded by 135 Belvedere Ave. so astounding. The heavy lifting is complete. The city approvals, the San Francisco Bay Conservation and Development Commission permit for a deep water ...more
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March 8, 2019
Two years ago, residential real estate brokerage Compass Real Estate had no Bay Area presence to speak of. But following a blistering run of acquisitions that included technology platforms and their biggest competitors in high-end residential real estate, Compass has become the Bay’s largest residential brokerage with 3,000 agents and nearly 100 local offices, the company said this week. Their latest acquisition of a former ...more
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March 6, 2019
A San Francisco mansion with an arresting Tudor Revival facade continues to sit on the market without selling, despite a price reduction, a prime location with drop-dead views, and celebrity cache. Hollywood actor and house collector Nicolas Cage famously owned the home on the corner of Francisco and Hyde streets for a brief spell in the 2000s. Originally listed in 2017 for $12 million — ...more
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March 5, 2019
If Uber, Airbnb, Pinterest and Slack join Lyft in going public this year—as is expected—Bay Area buyers could see a significant increase in competition ALEX ZYUZIKOV/GETTY IMAGES The real estate market in the San Francisco Bay Area could be headed for a renaissance this year with an abundance of high-valued IPOs on the horizon, according to a report Friday from Compass. Lyft kicked off its ...more
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March 4, 2019
Back when he was one of Hollywood’s highest-paid actors earning $40 million in 2009, Nicolas Cage owned a collection of the world’s most eclectic homes including a San Francisco home built in 1914 for Armenian sculptor Haig Patigian – now for sale at $10.95 million. With a long string of blockbuster hits under his belt including Moonstruck and Peggy Sue Got Married, Nic won an Oscar in 1996 ...more
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February 20, 2019
In San Francisco, a 105-year-old Gothic Tudor estate once owned by actor Nicolas Cage has returned to the market at $10.95 million. That’s about $1 million shy of the original asking price two years ago. The “National Treasure” star grabbed the four-story home in 2006 as part of a multi-year spending spree that saw him buy an island in the Bahamas, a manor in Rhode ...more
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