Morningstar
KKR Completes $600MM Refinancing of 750,000 SQFT Mission Bay Complex in San Francisco
The New York-based investment giant replaced its original $600 million acquisition loan on the four-building Icona campus — purchased for $1.08 billion in...
CIM Group Nears Consensual Foreclosure of 165,000 SQFT San Francisco Tower After Unity Software Departure, $98MM Loan Default
Lenders expect to take ownership of the historic two-building property by the fourth quarter of 2026, marking the second San Francisco office asset...
Rialto Capital Pursues Foreclosure Auction on 35,000 SQFT Office Building in San Francisco After $15.7MM Loan Default
The 1923 Class B building above the Montgomery BART station has lost 63 percent of its value since Paragon Co. acquired it for...
Rialto Capital Pursues Foreclosure on 35,000 SQFT Mixed-Use Building at 580 Market in San Francisco After $15.7MM Loan Default
Special servicer targets early Q3 2026 completion after Paragon Co. affiliate defaulted on $15.7 million CMBS loan that matured in June 2025, as...
Saks Global Selling One-Acre 150 Stockton Parcel in San Francisco Amid Bankruptcy Fears
Luxury retailer opts for sale-leaseback transaction as it navigates financial distress following Neiman Marcus merger, with CEO stepping down amid missed debt payments...
Tech Exodus Devastates San Francisco Real Estate as DWM’s Former Zendesk HQ on Market Street Faces Foreclosure
Six-story Mid-Market building loses nearly 80 percent of its value amid commercial property crisis San Francisco’s commercial real estate market continues its precipitous...
100-Room Commodore Hotel in San Francisco Hits Market as Industry Shows Signs of Recovery
A 100-room hotel in the heart of downtown San Francisco has entered the market for sale, positioned to capitalize on what industry experts...
Aloft Cupertino Hotel Fails to Meet $30MM Loan Deadline, Enters Special Servicing
The Aloft Cupertino, a 123-room hotel located at 10165 North De Anza Boulevard blocks from Apple’s former headquarters in Cupertino, has gone into...
Silicon Valley Mixed-Use Portfolio Owned by Zappettini Faces $120M Loan Default
A $120 million loan backing a portfolio of office, light industrial, and research and development buildings in Silicon Valley entered maturity default in...
A Billion-Dollar Blow: San Francisco Mall’s Steep Fall in Value
The largest shopping mall in San Francisco, a once-thriving retail hub, has experienced a dramatic decline in value, reflecting broader economic challenges in...
Morningstar’s 2024 Real Estate Forecast: Prospects and Picks
The Morningstar US Real Estate Index faced a challenging year in 2023, with an 11.1 percent gain over the trailing 12 months, trailing...
Loan for 541,000 SQFT San Jose Campus Leased to eBay Enters Special Servicing
By The Registry Staff The loan tied to an office building in San Jose, fully leased to eBay, has been placed into special...
