SHVO is a luxury development and investment firm. SHVO creates exceptional real estate opportunities in the US’s most desirable markets.

SHVO is a real estate development and investment firm built on the vision of founder and CEO, Michael Shvo, to create culture-defining experiences in iconic properties.

Jan 27, 2023 · He purchased one of its most prominent landmarks, the Transamerica Pyramid, for $650 million at the height of the Covid-19 pandemic in 2020 and has unveiled a $400 million plan to transform it into a world-class headquarters building and public gathering space that will draw San Franciscans and tourists alike into the city’s ailing downtown.

Oct 24, 2023 · Shvo, a New Yorker, began his career in real estate as a luxury residential broker in Manhattan. Four decades after his visit to San Francisco, he controls a portfolio of real estate around the country worth billions of dollars—including the 1972 building that loomed so large in his childhood imagination.

Real estate impresario Michael Shvo, who embodied the excess of the last real estate boom, burst onto the development scene last spring with three high-profile projects in Manhattan.

Feb 12, 2020 · Michael Shvo is an internationally-renowned luxury real estate developer with a wide portfolio of high-end hotel and residential buildings including The Getty, the Mandarin Oriental Residences, and the Aman Hotel in New York.His portfolio will grow in 2020 with the upcoming building 9200 Wilshire in Beverly Hills and, his most recent acquisition, the famed Raleigh Hotel in Miami beach.

May 17, 2023 · At a time the downtown is struggling with a nearly 30% office-vacancy rate, the new owner of one of the city’s most recognizable towers is doubling rents and investing $400 million in renovations at the three-building complex. For Michael Shvo, who led an investor group that bought the Transamerica Pyramid in 2020, the moves are a bet on both the resiliency of San Francisco and the prospect ...

TWO TRANSAMERICA Located at 505 Sansome Street, fronting Redwood Park, 2 Transamerica was constructed by William Pereira in 1981. The property stands 362 feet high with 191,000 square feet of office and retail space leased to notable tenants, including Wells …

Dec 6, 2022 · His plans for the pyramid are as ambitious as his dream of owning it once was: The renovations, designed by London-based architect Foster + Partners, will involve an entire city block and include extensive upgrades to the Transamerica Pyramid’s entrance and lobby and the addition of a list of amenities.

Jun 7, 2024 · New York developer Michael Shvo is getting ready to show off his nearly $1 billion bet on San Francisco’s iconic Transamerica Pyramid, a rare real-estate redevelopment project that began during the depths of the COVID-19 pandemic — and could end up becoming a symbol of the city’s revival.