Tidewater Capital, part owner of a 16-story office building in San Francisco, has struck a deal to buy out partner Goldman Sachs.
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Tidewater Capital i s set to acquire the remaining stake in 351 California St., a building in which it already has a vested interest as part of a past collaboration with Goldman Sachs, the San Francisco Business Times reported.
As recently as 2023, San Francisco’s downtown office market had been written off by the Financial Times as spiraling into the abyss. Vacancy rates had surged to record highs and debt-laden buildings were going for fire-sale prices.
Mira Murati, OpenAI's former chief technology officer, was aiming to raise a $1 billion funding round at about a $9 billion valuation for her new startup, Thinking Machines Lab. That wasn't the only tech scoop we had this past week.
Wells Fargo (WFC) has become the latest bank to announce that it is rolling back its diversity, equity, and inclusion (DEI) programs. With a