Home Commercial NY Life & Lincoln Property Buy $101.6MM Loan on San Francisco’s 353 Sacramento Office Tower for $62MM
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NY Life & Lincoln Property Buy $101.6MM Loan on San Francisco’s 353 Sacramento Office Tower for $62MM

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Aerial View Of Market Street in San Francisco
Photo by Diane Bentley Raymond on iStock
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Transaction marks resolution of distressed debt situation that has been in negotiation since 2024 New York Life's real estate division teamed up with Dallas-based Lincoln Property Co. to acquire a $101.6 million non-performing loan secured by 353 Sacramento Street, a 284,751-square-foot Class A office tower in San Francisco's Financial District, according to a transaction announcement […]

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