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San Francisco Recovery Fund Acquires Oceanwide Center Site for $60MM, Plans 910-Foot Office Tower

Partnership led by Jay Yang and Dan Kingsley closes on distressed downtown development at 80 percent discount, aims to build near-twin to Salesforce...

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AECCommercialFinanceINDUSTRY news

Haitong Wins $100MM Auction for Stalled Oceanwide Center Site in San Francisco

Lender’s credit bid clears path for San Francisco Recovery Fund to acquire troubled downtown development project Chinese financial services giant Haitong secured the...

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AECCommercialFinanceINDUSTRY news

San Francisco’s Stalled Oceanwide Tower Site Faces Foreclosure as Downtown Searches for Revival

The skeletal remains of what was supposed to be San Francisco’s second-tallest building will go under the gavel next week, as Chinese lender...

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AECCommercialFinanceINDUSTRY news

San Francisco’s Oceanwide Center Heads for $95MM Sale as Office Market Shows Signs of Recovery

The troubled Oceanwide Center development in San Francisco’s financial district appears headed for a dramatic resolution, with a new investment fund preparing to...

San Francisco's Oceanwide Center Revival: Veteran Developer Eyes Downtown's Biggest Eyesore
AECCommercialFeaturedINDUSTRY news

San Francisco’s Oceanwide Center Revival: Veteran Developer Eyes Downtown’s Biggest Eyesore

A stalled construction site that has scarred San Francisco’s Financial District for nearly a decade may finally be getting a second chance at...

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