Home Finance Maximus’ Parkmerced in San Francisco Enters Receivership After Default on $1.8B in Loans
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Maximus’ Parkmerced in San Francisco Enters Receivership After Default on $1.8B in Loans

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Golden Gate Bridge above Clouds after sunrise in San Francisco
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By The Registry Staff San Francisco's largest apartment complex, the 3,165-unit Parkmerced, has been placed into receivership after its owner, Maximus Real Estate Partners, defaulted on a $1.5 billion loan. A San Francisco judge granted lenders' request on March 6, appointing Douglas Wilson Cos. to manage the property, according to a report from the San […]

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