Tidewater Capital, part owner of a 16-story office building in San Francisco, has struck a deal to buy out partner Goldman Sachs.

A familiar face has emerged as a buyer for 351 California St.: Tidewater Capital, which with its capital partner Goldman Sachs listed the building for sale last fall.

Tidewater Capital i s set to acquire the remaining stake in 351 California St., a building in which it already has a vested interest as part of a past collaboration with Goldman Sachs, the San Francisco Business Times reported.

As recently as 2023, San Francisco’s downtown office market had been written off by the Financial Times as spiraling into the abyss. Vacancy rates had surged to record highs and debt-laden buildings were going for fire-sale prices.

(Reuters) - Goldman Sachs appointed Elizabeth Overbay as the chief financial officer of its asset and wealth management division, according to a memo seen by Reuters on Thursday, bolstering ranks in a key area of focus for the Wall Street giant.

Some tech companies are delaying or pulling their listing plans as the Trump administration’s tariff announcements and other changes cause market volatility and uncertainty.

In recent quarters, funding to companies in the legal and legal tech sectors has surged to levels comparable to what we saw during the 2021 market peak.

NEW YORK (AP) — NEW YORK (AP) — Goldman Sachs BDC Inc. (GSBD) on Thursday reported fourth-quarter earnings of $37.5 million. On a per-share basis, the New York-based company said it had net income of 33 cents. Earnings, adjusted for one-time gains and costs, came to 47 cents per share.