Paul Pelosi Bets on San Francisco Office Real Estate Amid High Vacancy Rates

Reported 15 days ago

Paul Pelosi, husband of former Speaker Nancy Pelosi, has made a significant investment between $250,000 and $500,000 in a commercial office property in San Francisco's SoMa area, despite the city's office real estate facing a 37% vacancy rate. This investment reflects a belief that the market will improve in the coming years, suggesting that there may be substantial opportunities for those willing to invest cash in the current market downturn.

Source: YAHOO

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