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Blackstone Sees San Francisco Hotel’s Valuation Plummet, Reflecting Post-Pandemic Challenges in Business Travel

In a stark reminder of the ongoing challenges facing the hospitality industry in the wake of the pandemic, a prominent San Francisco hotel...

FinanceHospitalityINDUSTRY news

Portsmouth Square’s 549-Room Hilton Financial District in San Francisco Defaults on $97MM Mortgage Loan

By The Registry Staff The challenges facing San Francisco’s hospitality sector have deepened as another prominent hotel, the Hilton Financial District defaults on...

FinanceHospitalityINDUSTRY news

Blackstone’s 346-Room Club Quarters Hotel in San Francisco Could Be Surrendered to Lender

By Kate Snyder A hotel in San Francisco could soon be surrendered back to the lender. A $274 million commercial mortgage-backed securities loan...

FinanceHospitalityINDUSTRY news

Montgomery Realty Group Files for Bankruptcy Prior to Auction of 18-Story Hotel Project Site in San Francisco

By Kate Snyder A developer that had plans to construct an 18-story hotel in San Francisco has filed for bankruptcy. Montgomery Realty Group’s...

CommercialFinanceHospitalityINDUSTRY news

Blackstone-Owned 346-Room Hotel in San Francisco Facing Potential Foreclosure

By The Registry Staff Club Quarters San Francisco, a 346-room hotel located in the Financial District, is facing potential foreclosure as negotiations have...

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