Angel Investor and real estate "entrepreneur," Sarosh Kumana is the new owner of the Claridge Hotel, the largest SRO Hotel in Oakland. There have been a large number of evictions at the Claridge, and there seems to be some re-vamping of the hotel with the introduction of Pinecrest Apartments. He is the owner of SFRents and various other multi-unit properties in the San Francisco Bay Area.
Sarosh Kumana is a real estate entrepreneur and angel investor based in San Francisco, with over 25 years of startup and management experience. He founded and ran a leading California government foreclosure brokerage and a mortgage brokerage company for over 15 years. He is President of Pacific Capital Management, managing member of Junglee LLC, and also manages several other private investment vehicles. He is a member of Health Tech Capital, a limited partner in numerous VC funds, and active with Sand Hill Angels in Silicon Valley as President of the Board of Directors.
The Claridge Hotel (The Oakland Rent Board attributed evictions to the previous owners, Richard Singer's and Gannon Tidwell'sLLCs, POSTCARD CAPITAL LLC & SPINTER 28 LLC ETAL) 257
RAYMOND INVESTMENTS LLC 14
REGENTDARIEN INVESTMENT LLC 13