On Wednesday, September 30, more than 100 CREDA San Francisco Bay Area members and guests went up to The Penthouse at 450 California Street for Dealmakers Uncorked, an evening with the people behind some of the Bay Area's most notable recent transactions and developments. The format was simple: seven tables, seven deal teams and seven wines. Attendees moved between tables in 20-minute rounds to hear directly from those behind the projects while tasting a wine chosen for each project.
The conversations covered the full range of today's market, from a historic Financial District office turnaround to a Silicon Valley multifamily portfolio and a generational suburban redevelopment.
Thank You to Our Venue Host, Redco
A special thank you to Chris Freise and Jason Freise of Redco Development for hosting us in their beautiful penthouse at 450 California, San Francisco. With its grand high ceilings, cozy wood paneling and a one-of-a-kind Japanese garden atrium, the space set the perfect tone for an evening of conversation about the deals shaping the Bay Area. We're grateful for Redco's generosity and their continued support of the CREDA community.
Thank You to Our Sponsors
Thank you to our sponsors, for supporting Dealmakers Uncorked and the programming that brings this community together throughout the year.
The Featured Deals
Bishop Ranch Redevelopment, San Ramon
Sunset Development Company is retaining its nearly 600-acre Bishop Ranch campus, transforming what was 10 million square feet of office space into a more balanced, mixed-use community. Over the next two decades, the vision includes approximately 5 million square feet of office space, up to 8,000 homes, 850,000 square feet of retail, and new parks and open space—all designed to create a walkable downtown for San Ramon.
Presenters: Andrea Reeder and Stephanie Hill, Sunset Development Company
Wine: 2023 St. Supery Dollarhide Sauvignon Blanc
From the table: “Our vision for Bishop Ranch is about creating a more complete community for San Ramon—one that brings together places to live, work, shop, dine and gather, connected by parks, open space and walkable streets. We’re building on the foundation of Bishop Ranch as a major employment center while evolving it to meet the needs of the next generation.” ~ Andrea Reeder, Sunset Development Company
1 De Haro, San Francisco
San Francisco's first cross-laminated timber office building, this 133,000-square-foot property in Showplace Square is 100% occupied by Samsara as its global headquarters, in a submarket drawing a growing number of AI companies.
Presenter: Raman Garg, Strada Investment Group
Wine: 2025 Grand Napa Vineyards Los Carneros Chardonnay
From the table: “Leading AI tenants are increasingly choosing Showplace Square, drawn by its proximity to Mission Bay and OpenAI, access to Caltrain and regional freeways, and character-rich buildings that can also accommodate lab and hardware uses.” ~ Raman Garg, Strada Investment Group
The Quincy, San Francisco
The first project in the city approved through the Housing Sustainability District process, this 501-unit Central SoMa high-rise was delivered in May 2025 and fully occupied within 10 months, one of the most successful lease-ups in recent San Francisco history.
Presenter: Will Goodman, Strada Investment Group
Wine: 2024 AXR Napa Valley Chardonnay
351 California, San Francisco
Tidewater Capital took this 16-story, 140,000-square-foot historic office building at California and Sansome from the low-50s to the high-80s percent occupied in its first year of renewed ownership and brought in beloved bakery Tartine to anchor the ground floor.
Presenters: Nick Bryer and Ross Stackhouse, Tidewater Capital
Wine: 2021 Grand Napa Vineyards Oakville Cabernet Sauvignon
From the table: “Tidewater leveraged its local presence and deep market relationships to make targeted investments in the property and deliver exceptional leasing results for the asset, including landing an iconic ground floor retail tenant in Tartine that will enhance the building's identity and contribute to Downtown San Francisco's burgeoning recovery.” ~ Ross Stackhouse, Tidewater Capital
Project Innovation (mResidences), Silicon Valley
Interstate Equities Corporation acquired this four-property, 574-unit portfolio for $272 million in a joint venture with PGIM, with financing from Mesa West, and plans renovations to capture rent growth near major tech headquarters.
Presenter: Alex Giacco, Interstate Equities Corporation (IEC)
Wine: 2023 Sojourn Rodgers Creek Pinot Noir
The Grand, Oakland
This 243-unit, 23-story apartment tower in Oakland's Northlake District is currently 98% leased, offering residents a lounge, fitness center, spa and rooftop terrace in the Uptown submarket.
Presenters: Isaac Abid and Erin Biswell, Lakeside Group [add link]
Wine: 2022 Heir Apparent Rutherford Cellar Selection Red
301 Battery (The Reserve), San Francisco
Presidio Bay Ventures and Bridges Capital acquired the debt on this 210,000-square-foot former Federal Reserve Bank at about half its 2020 sale value, subsequently took ownership through a deed-in-lieu, and are repositioning it as a "living landmark" by reactivating its 28,000-square-foot Banking Hall an event venue and delivering a best-in-class amenity package and tenant experience.
Presenters: Liz Helmer, Garrett Walton and Dan Whelan, Presidio Bay Ventures
Wine: 2020 Durant & Booth Bourbon Barrel Aged Cabernet Sauvignon
From the table: “301 Battery is the kind of asset you simply cannot recreate. As a ‘living landmark’ we aim to preserve the property’s rich character while also delivering an elevated tenant experience through a more curated, hospitality-driven approach to events and programming.” ~Liz Helmer, Presidio Bay Ventures
Cheers to Our Presenters
Thank you to all of our presenters for sharing the stories, strategy and lessons behind their deals, and to everyone who came out and joined the conversation. Evenings like this are what make the CREDA San Francisco Bay Area community so valuable.
Missed the event or want to relive the evening? View the Dealmakers Uncorked photo gallery.