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Haitong Wins $100MM Auction for Stalled Oceanwide Center Site in San Francisco

January 15, 20264 Mins read1.2k
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Photo by Zetong Li For Unsplash+
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Lender's credit bid clears path for San Francisco Recovery Fund to acquire troubled downtown development project Chinese financial services giant Haitong secured the winning bid for the troubled Oceanwide Center development site, located at 50 1st St. in San Francisco on Thursday, placing a $100 million credit bid at a public auction that clears the […]

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