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Investors race to buy apartments in San Francisco, the nation's most competitive market

Ballast is among those grabbing properties in upscale neighborhoods
The trio of 1920s buildings known as the Three Sisters on Van Ness Avenue is blocks from the hilltop mansions of Pacific Heights. (Ballast)
The trio of 1920s buildings known as the Three Sisters on Van Ness Avenue is blocks from the hilltop mansions of Pacific Heights. (Ballast)
CoStar News
May 7, 2026 | 6:05 P.M.

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San Francisco apartment owner Ballast is going into investment overdrive in its hometown as rents have exploded in the artificial intelligence boom.

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