Rialto Capital Pursues Foreclosure on 35,000 SQFT Mixed-Use Building at 580 Market in San Francisco After $15.7MM Loan Default

Special servicer targets early Q3 2026 completion after Paragon Co. affiliate defaulted on $15.7 million CMBS loan that matured in June 2025, as the Financial District property's appraised value has fallen 63 percent from its 2015 acquisition price. A 35,000-square-foot mixed-use building in San Francisco's Financial District faces foreclosure after its owner defaulted on a […]