"Today, I called Daniel Lurie and congratulated him on his victory in this election," Breed said in a statement Thursday afternoon conceding the race. "I want to thank all of the

Incumbent Mayor London Breed trailed Levi's heir and philanthropist Daniel Lurie in early returns in San Francisco's mayor's race, a contest in which homelessness and property crime emerged as pivotal issues.

San Francisco elects its mayor using a ranked choice voting system that allows voters to list up to 10 candidates in order of preference. Lurie was leading Breed in early returns. Lurie, who has never held elective office, pledged to bring accountability and public service back to City Hall, and reveled in his role as a political outsider.