Deutsche Bank
Trust Exposure on San Francisco Centre Hits $351MM as Presidio Bay, Prado Group Abandon 1.5MM-SQFT Redevelopment Weeks Before Loan Maturity
Loan-level data from Morningstar Credit shows bondholders on the shuttered San Francisco Centre carrying $351.3 million of total exposure against a property with...
Presidio Bay Ventures and Prado Group Walk Away From San Francisco Centre Mall Redevelopment Deal, Returning Shuttered 1.5MM-SQFT Landmark to Market
Presidio Bay Ventures and Prado Group have abandoned their winning bid to redevelop San Francisco Centre, citing a failed ground lease renegotiation with...
Morningstar Flags $505MM Loan on Meta’s 701,000-SQFT Moffett Towers II Campus in Sunnyvale as Layoffs Mount
Credit analysts have placed the $505 million loan backing Moffett Towers II Buildings 3 and 4 in Sunnyvale under watch after Meta Platforms,...
Silicon Valley Initiative Partnership Secures $74.1MM Financing for Bank of Italy Office-to-Residential Conversion in San Jose
SAN JOSE, Calif. – May 15, 2026 – Cushman & Wakefield, a global real estate services firm, announced today that it has arranged...
Northern California Carries Essex as Bay Area Tech Demand Outpaces Seattle, Los Angeles in Q1
The West Coast’s largest multifamily REIT beat expectations as cap rate compression and a $62 million stock buyback signaled a private-public valuation gap....
Sale of PIMCO’s 272,000 SQFT 201 California in San Francisco Reaches Pending Status Amid Columbia Property Trust’s Ongoing Loan Default
The potential disposition of the Financial District tower comes as Columbia’s $1.7 billion multi-property loan default continues and appraised values plunge from 2021...
Presidio Bay Ventures and Prado Group Win Bid to Acquire 1.2MM SQFT San Francisco Centre for $130MM+
The San Francisco-based developers plan a mixed-use conversion of the shuttered downtown landmark that once held a valuation exceeding $1 billion, marking a...
Flynn Properties and Highgate Reopen 143-Room Huntington Hotel on Nob Hill Following Multimillion-Dollar Renovation
The 104-year-old landmark returns as a luxury independent hotel after six years of closure, signaling renewed investor confidence in San Francisco’s hospitality market...
400-Room Stanford Court Hotel Hits the Market on San Francisco’s Nob Hill Amid Hospitality Rebound
The historic hotel, currently under court-appointed receivership following a contentious foreclosure lawsuit, hits the market as rising investor confidence and major events fuel...
Deutsche Bank Seizes 975,000-SQFT Oakland Office Portfolio From Starwood Capital on $442MM Debt
The lender took back three Uptown Oakland office towers via a deed in lieu of foreclosure and tapped a Bay Area firm to...
Blackstone Markets 234,000 SQFT Emeryville Office Property After Landing Major Lease
EmeryTech business center expected to sell at steep discount despite recent capital improvements and tenant commitment A Blackstone-owned office property in Emeryville has...
Deutsche Bank Takes Control of Three Oakland Office Towers in 975,000 SQFT Deal
Deutsche Bank has seized ownership of three prominent Class A office towers in downtown Oakland from Starwood Capital Group through a deed in...
