Home Finance Lenders File Foreclosure Notice on 56-Unit Parkmerced Phase 1 in San Francisco as $101MM Loan Balloons to $199MM
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Lenders File Foreclosure Notice on 56-Unit Parkmerced Phase 1 in San Francisco as $101MM Loan Balloons to $199MM

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A $101 million loan on a 56-unit sliver of San Francisco's largest apartment complex has grown to $199 million in unpaid debt — and the lenders behind Parkmerced's Phase 1 parcel have now run out of patience, filing a foreclosure notice that threatens to strip Maximus of the very ground where it once planned to […]

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