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Home AEC Yellowstone Seizes Parkmerced Development Sites Entitled for 1,700 Units Through $199MM Foreclosure in San Francisco
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Yellowstone Seizes Parkmerced Development Sites Entitled for 1,700 Units Through $199MM Foreclosure in San Francisco

July 23, 20263 Mins read574
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Photo by Adrien Olichon on Unsplash
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A New York distressed-debt specialist has taken control of the buildable heart of San Francisco's largest apartment complex, using a construction loan it never got repaid to foreclose on land approved for nearly 1,700 new homes. Yellowstone Real Estate Investments has completed a foreclosure takeover of the development portion of Parkmerced, seizing four land parcels […]

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