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Home Finance Acadia Returns Vacant 146 Geary in San Francisco to Lender Estimating 42% Drop in Value
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Acadia Returns Vacant 146 Geary in San Francisco to Lender Estimating 42% Drop in Value

February 14, 20242 Mins read932
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In a dramatic turn of events that underscores the ongoing crisis in downtown San Francisco property values, the owner of a prime four-story building in Union Square has surrendered the property to its lender. This decision, forced by the borrower’s inability to repay a defaulted loan, highlights the broader challenges facing the real estate market […]

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Harvest Properties, Bay Area, AXA Investment Managers, Oakland, Uptown, KKR, Lake Merritt, San Francisco, Ellis Partners, Mosser Companies, Societe Generale, San Diego, HP Investors, Bank of the Sierra Previous post Non-Performing $95MM Loan on Harvest Properties and AXA’s 280,000 SQFT Building in Oakland Hits Market

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