Nancy Pelosi's Husband Bets Big On San Francisco Office Real Estate,

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Nancy Pelosi's Husband Bets Big On San Francisco Office Real Estate, Is A Turnaround Coming?

Nancy Pelosi's Husband Bets Big On San Francisco Office Real Estate, Is A Turnaround Coming?

Deidre Woollard

Mon, September 23, 2024 at 1:00 PM EDT 4 min read

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In recent months, San Francisco’s office real estate has been struggling. It led the country with a 37% vacancy rate in the second quarter of 2024, but one famous investor thinks now is the time to strike.

Financial disclosures of the portfolio of politician Nancy Pelosi and her husband, Paul, revealed that Paul Pelosi invested between $250,000 and $500,000 in REOF XXVI, LLC, an entity responsible for acquiring and managing a commercial office property at 631 Howard St. in the South of Market or SoMa area of San Francisco. The investment took place on Aug. 13 and was reported on Sept. 11.