
"Victor Coleman's Hudson Pacific Properties maxed out its individual contributions at $78,400, earlier this month, campaign financing data reveals. Billionaire mall developer Rick Caruso, who endorsed the moderate Democrat immediately after Mahan announced his late-entry in a crowded race, donated the max, $78,400 via two donations, in late January, a day after Mahan became a candidate."
"In the Bay Area, a one-two punch for Mahan came from the Sobrato Organization, a multi-generational, family-owned real estate company based in Silicon Valley. Sobrato chairman emeritus John Sobrato and his wife Sue each gave the maximum, totaling $156,800 to Mahan. (Oberndorf Enterprises, a San Francisco family office, donated $156,800, too, via William and Susan Oberndorf)."
"Oppenheim told The Real Deal that he and Caruso are co-hosting an event for Mahan at the Oppenheim Group's Los Angeles office in a couple weeks."
Matt Mahan, San Jose mayor and California governor candidate, has attracted significant financial support from prominent real estate developers and billionaires across California. Los Angeles-based donors include Rick Caruso, who maxed out contributions at $78,400 immediately after Mahan's candidacy announcement, Victor Coleman's Hudson Pacific Properties, Jordan Kaplan of Douglas Emmett, and Bob Safai of Madison Partners. Silicon Valley contributors include John Sobrato and his wife Sue from the Sobrato Organization, who together donated $156,800, and the Oberndorf family office, which contributed the same amount. Additional supporters include Related California founder Bill Witte and Selling Sunset star Jason Oppenheim. Caruso and Oppenheim are co-hosting a fundraising event for Mahan in Los Angeles.
#campaign-finance #real-estate-developers #california-governor-race #political-fundraising #matt-mahan
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