Presidio Bay Emerges as Buyer for $100MM Nonperforming Loan on Landmark 301 Battery in San Francisco

The San Francisco investor, working with hospitality entrepreneur Phil Spiegel, is in line to take control of the 208,000-square-foot former Federal Reserve Bank building at a basis estimated in the $70 million range — a fraction of RFR Holding's 2020 purchase price. San Francisco-based Presidio Bay Ventures has emerged as the prospective buyer of a […]