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Transamerica building in San Francisco
CommercialFinanceINDUSTRY news

German Lawyers’ Pension Fund Records $67MM (€57.9MM) Write-Down on 750,000 SQFT Transamerica Pyramid as BVK Exits San Francisco Landmark at ~$700MM

Hessen retirement scheme absorbs full loss on preferred equity tranche after post-pandemic office downturn and a costly renovation erode value of San Francisco’s...

Transamerica building in San Francisco
CommercialFinanceINDUSTRY news

Yoda Plc to Pay ~$700MM for 750,000 SQFT Transamerica Pyramid Center, San Francisco’s Largest Office Trade Since 2021

The deal values the iconic Financial District complex at approximately $933 per square foot, representing a significant loss for the selling venture that...

Transamerica building in San Francisco
CommercialFeaturedFinanceINDUSTRY news

Who Is Yoda PLC? Inside the Cyprus Conglomerate Set to Acquire San Francisco’s Transamerica Pyramid

Founded just six years ago and controlled by the so-called “office king” of Romania, Yoda PLC has quietly amassed a $3.3 billion empire...

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