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Home Commercial 80,000 SQFT Historic San Francisco Office Building at 149 New Montgomery Faces Foreclosure as Commercial Mortgage Crisis Deepens
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80,000 SQFT Historic San Francisco Office Building at 149 New Montgomery Faces Foreclosure as Commercial Mortgage Crisis Deepens

June 17, 20252 Mins read664
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Aerial View Of Market Street in San Francisco
Photo by Diane Bentley Raymond on iStock
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A vintage 1930s office building at 149 New Montgomery Street in San Francisco owned by Mohanan Pacific is set for foreclosure sale, highlighting ongoing challenges in the city's commercial real estate market as property owners struggle with loan obligations. The Notice of Default filed February 25, 2025, reveals that the 80,000-square-foot Class A office building […]

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