Goldman Sachs
Alex Mehran Is Betting the Family Legacy on Turning Bishop Ranch Into a Neighborhood
The third-generation CEO of Sunset Development is staking his tenure on a 2,510-home project that would transform his family's suburban office campus into...
Tourbineau Real Estate Partners Files Formal Plans to Convert 109,000 SQFT San Mateo Office Tower Into 144-Unit Residential Community
Developer revises earlier proposal, shifting from a mixed unit program to an all one-bedroom layout as it advances adaptive reuse of the 12-story...
Lennar Posts Q1 Revenue Miss as Geopolitical Risks and Institutional Buyer Pullback Cloud Nation’s Largest Homebuilder
The company's $6.62 billion quarter fell 13 percent short of the prior year, with management flagging a widening set of macro risks even...
Sale of PIMCO’s 272,000 SQFT 201 California in San Francisco Reaches Pending Status Amid Columbia Property Trust’s Ongoing Loan Default
The potential disposition of the Financial District tower comes as Columbia's $1.7 billion multi-property loan default continues and appraised values plunge from 2021...
Presidio Bay Ventures and Prado Group Win Bid to Acquire 1.2MM SQFT San Francisco Centre for $130MM+
The San Francisco-based developers plan a mixed-use conversion of the shuttered downtown landmark that once held a valuation exceeding $1 billion, marking a...
Blue Owl Capital Secures $185MM Loan From Natixis Backed by 21-Property Northern California Grocery Portfolio Amid Redemption Crisis
The alternative asset manager leveraged a portfolio of Save Mart, Lucky, and FoodMaxx-anchored shopping centers spanning San Jose to Santa Rosa to unlock...
OpenAI Signs 10-Year Lease for 439,000 SQFT Mountain View Campus
The ChatGPT maker secures former Symantec headquarters with right of first refusal to purchase, deepening its commitment to the South Bay office market...
Tidewater Capital Wins Approval to Replace Sunnyvale Tech Campus with 370-Unit Housing Development
The $65 million office-to-residential conversion joins a growing wave of Bay Area projects as developers pivot from financially unviable workspaces to housing amid...
AI’s Toll on Customer Service Signals Broader Workforce Reckoning as Tech Spending Reshapes Markets
New survey data shows customer support hiring has cratered by nearly two-thirds in two years, even as historical patterns suggest AI will ultimately...
Fairfax Financial and CEO McMorrow to Take Kennedy Wilson Private in $1.65 Billion All-Cash Deal
The Beverly Hills-based real estate investment firm will delist from the NYSE after a management-led buyout backed by its longtime Canadian insurance partner....
Deutsche Bank Takes Control of Three Oakland Office Towers in 975,000 SQFT Deal
Deutsche Bank has seized ownership of three prominent Class A office towers in downtown Oakland from Starwood Capital Group through a deed in...
Fortress Acquires $348MM Loan Backed by 890 San Francisco Apartments for $220MM
Investment firm poised to take control of 23-building portfolio as Goldman faces second major SF multifamily loss following 2024 surrender of 1,200 units...
