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Seeking to cement a tax exemption for faculty homes on its campus, Stanford University on Monday filed a suit against Santa Clara County contending that these residences should be treated like other educational facilities.
Indicted crypto billionaire Sam Bankman-Fried's $250-million bail deal was the largest ever, secured with his parents' house. But they aren't typical homeowners.
The university has acquired the 759-unit Oak Creek Apartments 26 years ahead of its ground lease expiration to provide additional housing opportunities for Stanford affiliates, with a focus on postdoctoral scholars.