Shorenstein is a real estate investment company based in San Francisco that owns interests in of office space throughout the United States.
[ The company has sponsored twelve closed-end real estate funds, with total equity commitments of $8.8 billion, including $723.5 million from the company.
The main office of the social media company ]Twitter
Twitter is an online social media and social networking service owned and operated by American company Twitter, Inc., on which users post and interact with 280-character-long messages known as "tweets". Registered users can post, like, and ...
at 1355 Market Street, San Francisco, belongs to Shorenstein, as was reported when Twitter was in arrear for paying rent.
History
In 1946, after being discharged from the military, Walter Shorenstein
Walter H. Shorenstein (February 15, 1915 – June 24, 2010)Dennis McLellan (June 26, 2010)"Walter H. Shorenstein dies at 95; Democratic Party fundraiser and San Francisco real estate mogul" ''Los Angeles Times''. was an American billionaire re ...
joined Milton Meyer & Company, which was later renamed Shorenstein Company.
In the early 1990s, Walter Shorenstein stepped back from day-to-day operations of the company. His son, Douglas W. Shorenstein
Douglas W. Shorenstein (February 10, 1955 – November 24, 2015) was a San Francisco-based real estate developer and former chairman of the board of directors of the Federal Reserve Bank of San Francisco. , became chief executive officer of the company in 1995. Walter Shorenstein died in 2010 at age 95 and Douglas Shorenstein died at age 60 of cancer
Cancer is a group of diseases involving abnormal cell growth with the potential to invade or spread to other parts of the body. These contrast with benign tumors, which do not spread. Possible signs and symptoms include a lump, abnormal bl ...
in 2015.
References
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Companies based in San Francisco
Real estate companies of the United States