Historic San Francisco Building In Mortgage Default

By Jon Peterson The historic Humboldt Bank Building at 785 Market St. in San Francisco has tumbled into mortgage default, according to a monthly report for March prepared by Morningstar Credit Ratings LLC. A five-year, interest-only loan of $13.3 million against the 92,600 square-foot Class B building matured Feb. 1. The borrower, Seligman Western Enterprises Ltd., […]