San Francisco Centre Mall Sold to Lenders for $133MM, Signaling Fresh Start for Troubled Downtown Property

The distressed San Francisco Centre Mall has been auctioned to its lenders for $133 million, marking a potential turning point for the near-vacant downtown shopping complex that has become emblematic of the city's struggling retail sector. Deutsche Bank, JPMorgan Chase and other stakeholders in the mall's commercial mortgage-backed securities loan emerged as the sole bidders […]