Sick San Fran Penthouse for Sale

The Penthouse at the St. Regis in San Francisco is on the market if you’re in the market to buy. The majority of you aren’t about to go splurge on a $70 million penthouse but let us paint a picture for you. The luxurious space is over 20,000 square feet and features a movie theater, pool and 2,900 square foot terrace balcony. The owner of the St. Regis Penthouse is CEO of MacFarlane Partners, and the manager of Californian Public Employee Pension Fund. Forget about someone paying $70 million for the Penthouse pad. We are more interested to know why Californians let their pension fund be held and managed by a real estate investment firm, umm, hello?