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JPMorgan's $200M Bet on SF Housing Lacks Public Filings for Specific Fund
JPMorgan Chase announced $200 million in financing for a 342-unit SF apartment project and a $15 million investment in the Essential Housing Fund…
SF's First 'Office Resort' Is a $100M Bet That a Cold Plunge Beats Vacancy
Presidio Bay is spending roughly $100 million to turn 88 Spear Street — bought for a third of its 2014 price, two-thirds empty — into what it calls…
Taylor Farms Accuses Ex-Subsidiary President of $32M Embezzlement — Caught by an IRS Audit, Not Its Own Controls
Salinas-based Taylor Fresh Foods sued former Tennessee subsidiary president Brian Thure and his wife over an alleged four-year, $32 million fraud…
Dimon Boosts SF, Fights the Wealth Tax — From the Arena That Bears His Bank's Name
JPMorgan chairman Jamie Dimon praised SF's crime turnaround and opposed California's Prop 40 wealth tax at a Chase Center event — while his bank sits…
Nvidia Spent a Month Financing Its Own Customers. Even a San Jose State Professor Sees the Loop.
Nvidia's July run of deals — a $500B SK partnership, a reported ~$250B backstop on OpenAI's Ohio lease, $5B into a startup with no product — has…
At 650 California, the Landlord Is Whoever Owns the Debt — and No One Pays the Transfer Tax
Two New York debt investors, Axonic Capital and GreenBarn Investment Group, control the 33-story tower at 650 California St.
Ken Fulk's Marin Inns Head Toward Foreclosure. The $76 Million Is a Figure From His Own Lawsuit.
Designer Ken Fulk's West Marin inn portfolio, anchored by the storied Manka's Inverness Lodge, faces an August trustee's sale over a defaulted $7.1M…
Tau Robotics Will Rent You a "Humanoid" House Cleaner in SF for $30 an Hour. A Person Is Driving It.
Tau Robotics launched an invite-only $30/hour humanoid home-cleaning service in San Francisco this week — but the CEO concedes a human teleoperator…
Visa Cuts 2,600 Jobs — 7% of Its Workforce — a Day After Posting 14% Revenue Growth
Visa told staff it would cut 2,600 jobs — nearly 7% of its workforce — a day after reporting $11.6B in quarterly net revenue, up 14%.
NVIDIA and SK Group Announce $500 Billion AI Factories Initiative in South Korea
NVIDIA, in partnership with SK Group, announced a sprawling "AI factories" initiative in South Korea, projected to be worth over $500 billion over…