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San Francisco's Storied Transamerica Tower to Be Sold at a Discount in Pandemic

Transamerica Deal to Close This Fall for 10% Less Than Planned After Delays
San Francisco's Transamerica Pyramid will be sold to New York investor Michael Shvo for a hefty discount due to market changes brought about by the coronavirus pandemic. (Getty Images)
San Francisco's Transamerica Pyramid will be sold to New York investor Michael Shvo for a hefty discount due to market changes brought about by the coronavirus pandemic. (Getty Images)
CoStar News
July 7, 2020 | 11:09 P.M.

A New York investor may receive a discount on one of San Francisco's most iconic buildings after months of coronavirus-related delays.

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News | San Francisco's Storied Transamerica Tower to Be Sold at a Discount in Pandemic