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defendant schaaf's reply to hazZard opposition to demurrer

1/31/2022

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reply_to_plaintiifs_opposition_to_defendant_schaaf_demurrer.pdf
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Dennis S Faulkner v. Leonard Epstein and Rotunda Partners II LLC- Complaint

1/25/2022

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dennis_s_faulkner_v._leonard_epstein_and_rotunda_partners_ii_llc-_complaint.pdf
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Downtown Oakland landmark Rotunda Building is bought in $93 million deal

1/24/2022

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PictureRotunda Building at 300 Frank H. Ogawa Plaza in downtown Oakland. The Rotunda Building, a big office building that is a landmark in downtown Oakland, has been bought by a local investment group.
mercurynews.com/2022/01/24/downtown-oakland-landmark-rotunda-building-attracts-local-buyer
January 24, 2022

By George Avalos | gavalos@bayareanewsgroup.com | Bay Area News Group
​
PUBLISHED: January 24, 2022 at 12:36 p.m. | UPDATED: January 24, 2022 at 5:10 p.m.

OAKLAND — The Rotunda Building, a century-old office building that is a landmark in downtown Oakland, has been bought by a local real estate investment group that becomes the majority owner of the property.
​

Rubicon Point Partners, through an affiliate, paid slightly more than $72 million for the building, documents filed on Jan. 24 with the Alameda County Recorder’s Office show.



The building is being called the “crown jewel” of Oakland’s skyline by its seller. The building is located at 300 Frank Ogawa Plaza in downtown Oakland.

“We are honored and humbled to be the caretakers of the historic and beautiful Rotunda,” said Ani Vartanian, Rubicon Point’s co-managing partner. “We look forward to implementing an improvement plan that will honor its history but also modernize it to allow for a new generation of companies to thrive.”

Picture
Ceiling of Rotunda Building at 300 Frank H. Ogawa Plaza in downtown Oakland. (California Capital & Investment Group)
The new owners, the Rubicon affiliate, also agreed to assume a 2019 loan of $21 million that was provided to the seller, according to the county documents that were filed on Monday.
​

The combination of the purchase price and the assumed mortgage debt would bring the total deal package to around $93 million.

The deal gives Rubicon Point majority ownership in the building. The seller, a group headed by real estate executives Leonard Epstein and Phil Tagami, retains a minority interest. The buyer and seller wouldn’t disclose what percentage of the property each owns in the wake of the deal. That means the $93 million transaction package wouldn’t necessarily reflect the full value of the building.

One key goal for the new owners: find a way to use and improve the adjacent outdoor plaza to benefit the Rotunda Building itself.
​

“We are especially excited to work with key stakeholders to activate Frank Ogawa Plaza and integrate it with the building’s indoor space,” Vartanian said.
​
Picture
Ground floor of Rotunda Building at 300 Frank H. Ogawa Plaza in downtown Oakland. (California Capital & Investment Group)
The endeavor envisioned by Rubicon Point Partners could create a unique revamp of the complex.

“This indoor-outdoor environment is rare in urban settings like downtown Oakland,” Vartanian said.

The Rotunda Building was constructed in 1912 and originally designed by Bay Area architect Charles Dickey, who fitted a dramatic elliptical glass dome in the interior atrium.

“The Rotunda Building is one of the best local examples of Beaux Arts-inspired commercial architecture from the early 20th Century,” a newsletter distributed in 2002 by the California Preservation Foundation stated.

A National Historic Landmark, the Rotunda Building was originally designed 110 years ago as a Kahns Department store. The 1989 Loma Prieta earthquake extensively damaged the building.

“The Oakland Rotunda,” is “known as the crown jewel of downtown Oakland,” California Capital & Investment Group, whose affiliate sold the building to Rubicon, stated in a post on the building’s website.

The eight-story building totals 325,000 square feet, according to information provided by Rubicon Point Partners and California Capital & Investment.

In 2000, the sellers launched a $70 Million renovation that included $12 million in seismic upgrades.
​

“We selected Rubicon because of their track record in transforming historic assets and are confident that they will be great custodians of this Oakland jewel,” said Tagami, a managing partner with the affiliate that sold the building.

​
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THIS IS THE BIG DECEPTION! PRODUCE THE AUTHORIZING DOCUMENT FROM THE IRS' DETERMINATION LETTER,  WHICH AFFIRMS A BUSINESS LEGAL STATUS AS A 501(C )3 TAX EXEMPT NONPROFIT PUBLIC BENEFIT CORPORATION. THE EMPLOYER IDENTIFICATION NUMBER [EIN] 54-2103707 BE

1/11/2022

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Hazzard files opposition to schaaf demurrer, january 7, 2022

1/7/2022

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opposition_to_demure_01072022_filed.pdf
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    Gene Hazzard

    Don't Be Envious of Evil Men
    1Do not be envious of evil men, Nor desire to be with them; 2For their minds devise violence, And their lips talk of trouble.…

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  • Home
  • Sanjiv Handa
  • Gene's Blog
  • Rotunda RFP
    • Lawsuit against Rotunda Partners II >
      • Facts you should know about the Rotunda Building
      • Facts you should know about the Rotunda Garage
      • Charges in massive investment fraud case
      • Phil Tagami's Obligation
  • Gene Hazzard -Keeping eyes open
    • Hazzard substitution of attorney
    • Public Record Request [PORT] about the $100,000.00 deposit, NO Straight answer.
    • Court Reporter Transcript
    • The Power Broker? >
      • Robert Moses >
        • NY Times February 14, 2007
  • Chronology of Tagami's scheme of Private-Public Partnership with City Projects
  • Another Tagami scheme - Rotunda Building deal
    • Eight Years Later, Tagami Still Hasn’t Started Rotunda Project City Fails to Hold Developer Responsible
    • 1630 San Pablo - Parcel 2
    • Rotunda Building Loan
    • Post -Tagami Failed to Make Payments on Rotunda Development Loan
    • City Urges No Action in Tagami’s Failure to Make Payments on $12 Million Loan
  • Oakland Army Base
    • Port to Give Tagami $600 Million Exclusive
    • OAB - Wikipedia
    • OAB - Military Museum
    • Army Base Gateway Redevelopment Project
    • BAAQMD Comments on Air Monitoring Work Plan
    • Cost Sharing Agreement
    • OAB Rezoning and LDDA update
  • Billboards in Oakland
  • Port of Oakland
  • Oakland Raiders?
  • Who is running Oakland?
    • Jerry Brown
    • Don Perata
    • Judge Robert B. Freedman
    • Jacques Barzaghi
    • Gawfco Enterprises
    • Deception
    • Doug Bloch
    • Phil Tagami >
      • SF Business Times November 20, 2005
      • Rotunda wrestling
      • A conversation with Oakland developer Phil Tagami
      • Audit of $91 million Fox Theater project
      • Tagami Conflict
      • CCIG Response to Oakland Works
      • Oakland developer Phil Tagami named to state medical board
      • ‘Shotgun Phil’ hits another bullseye — with governor’s help
  • CleanOakland Store
  • CenterPoint Properties