Headwater Capital CEO Robert Kantor was a director and founding member of Portfolio Property Investors (PPI), which acquired the historic Rialto Building and did a major “historical rehabilitation” on the interior with some preservation work on the exterior. The entire project was successful and was later sold at a significant profit.

“The Rialto Building, located in the Financial District of San Francisco at the intersection of New Montgomery and Mission Streets, was originally constructed in 1902, and reconstructed in 1910 after the 1906 earthquake and fire in San Francisco. 

Designed in the American Commercial style with Renaissance Revival architectural details in an H-shaped plan, the 8-story Rialto Building was financed by Herbert Law and designed by architects Meyer & O’Brien, and named after a commercial center in Venice, Italy, a rialto is an exchange or mart. 

After the famous 1906 San Francisco earthquake, only the shell of the Rialto Building, which was composed of steel, brick, and concrete, remained in place while the interior was gutted. The building was reconstructed in 1910 by Herbert Law and his brother, who had repurchased the building from the widow of Mr. Hermann Oerlichs. 

The Rialto Building is historically significant at the local level, representing San Francisco’s community development and planning at the turn of the 20th century when the Financial District was expanding.”

Source: National Register of Historical Places, https://www.nps.gov/nr/feature/weekly_features/11_01_14_Rialto_Building.htm[/vc_column_text][/vc_column][/vc_row]