Loading
Yanuki
KEYWORD TOPIC
Why the Thriving Transamerica Pyramid Was Sold for a Big Loss | Transamerica Pyramid Sold at Discount: A San Francisco Real Estate Debacle? | Why the Thriving Transamerica Pyramid Was Sold for a Big Loss | Transamerica Pyramid Sold at Discount: A San Francisco Real Estate Debacle?

Business / Commercial Real Estate

Why the Thriving Transamerica Pyramid Was Sold for a Big Loss

The Transamerica Pyramid, an iconic San Francisco skyscraper, was recently sold to Cyprus-based Yoda PLC for approximately $691 million. While technically a small gain from the $650 million paid in 2020, the sale represents a loss for the p...

Iconic SF skyscraper sells for the second time in its 54-year history
Why the Thriving Transamerica Pyramid Was Sold for a Big Loss Image via SFGATE
TOPIC transamerica

Business / Commercial Real Estate

Transamerica Pyramid Sold at Discount: A San Francisco Real Estate Debacle?

The Transamerica Pyramid, a San Francisco icon, has been sold by Michael Shvo's investors to Yoda PLC at a price that reflects the challenges facing the city's commercial real estate market. Despite a significant investment in renovations,...

S.F.’s Transamerica Pyramid has officially sold, marking end of Shvo’s ambitious ownership era