Monthly Archives: December 2020

Real estate: Big Silicon Valley, S.F. hotel deal is priced at $111 million

PALO ALTO — A big Midwest investment group has spent $111 million to buy five Bay Area hotels, including two in Silicon Valley, a strong indicator that veteran players see long-term potential in the region’s lodging market despite COVID 19-linked … Continue reading

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SEC alleges Bay Area ‘mega village’ real estate mogul scammed investors

The SEC complaint states that despite dozens of the company’s development projects not being profitable or paying returns to investors since 2016, Acharya raised $119 million from approximately 250 investors since then, through “a continuous series of misrepresentations and omissions … Continue reading

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Renters fled S.F. and the Bay Area in 2020 — but many didn’t go far, data suggests

Over the past year, Bay Area rental prices have plummeted at a historic pace as people fled the ultra-pricey market during the pandemic. But data shows that many didn’t look too far away for their next home. California’s capital region … Continue reading

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Here’s how California and S.F. will benefit from 2020’s IPO riches

There’s good news for those who didn’t invest in or work at Airbnb, DoorDash, or others of the dozens of Bay Area startups that went public this year. Your fortunes will still be boosted from 2020’s record-breaking crop of Wall … Continue reading

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Everything wrong with new Bay Area-set Netflix film ‘A California Christmas’

Lauren and Josh Swickard star in the new Netflix film “A California Christmas.” The holiday romance film was filmed in Petaluma. Photo: Netflix Petaluma is a teeny, tiny Podunk town in the rural hills of California, far from the skyscrapers … Continue reading

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