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Home Commercial 32,000 SQFT WeWork-Leased Building in San Francisco Sees Value Drop by 84 Percent
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32,000 SQFT WeWork-Leased Building in San Francisco Sees Value Drop by 84 Percent

October 20, 20231 Mins read625
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WeWork, Pollock Financial, San Francisco, Kennedy Wilson, Takenaka Corp, WeWork Capital Advisors, Bay Area
Rendering by Thousand Architects
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By The Registry Staff A San Francisco building tied to a loan that went into default earlier this year saw its value fall by millions of dollars. Pollock Financial defaulted on two loans connected to an office building in the city’s South Beach district, and now appraisers have reduced the building's valuation by 84 percent, […]

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State of California, Anaheim City Council, Walt Disney Company, DisneyForward, Governor’s Office of Business and Economic Development Previous post Architecture Billings Index Signals Concerns for Commercial Real Estate

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