SVN Properties Buys Union Square Office Buildings for $5MM, a Significant Decrease After Assets Traded for $74.4MM in 2019

Foreclosure auction highlights steep downtown San Francisco office market decline Two debt-troubled office buildings on the edge of San Francisco's Financial District and Union Square have been acquired for $5 million in a foreclosure auction, marking a dramatic 93 percent decline from their 2019 purchase price of $74.4 million. Richmond-based SVN Properties LLC submitted the […]