A historic mansion in San Francisco’s Pacific Heights neighborhood has sold in a private, off-market transaction for $56 million, according to public property records. The sale marks the city’s most expensive residential deal since a nearby property set a record in 2024, underscoring continued strength in the luxury housing segment. The property, located at 2898 Vallejo Street, was sold by a revocable trust linked to Daniel Alegre, a technology and media executive. The buyer was

The Transamerica Pyramid, one of San Francisco’s most recognizable landmarks, has been sold in a major commercial real estate transaction that signals a shift in ownership strategy for the iconic property. Cyprus-based investment firm Yoda Plc announced the acquisition this week, purchasing the 48-story tower along with two adjacent buildings for $691.6 million. The total transaction value reached approximately $725 million after final settlements and associated costs. The deal repr