Wells Fargo
Westfield’s San Francisco Centre Has A New Beginning Under New Management
By The Registry Staff San Francisco’s largest shopping mall, the San Francisco Centre, is undergoing a major transformation under the stewardship of Gregg...
Lenders on Westfield’s San Francisco Centre File Lawsuit to Send the 1.5MM SQFT Property into Foreclosure to Eventually Sell
By Kate Snyder A lawsuit was filed to send the 1.5 million square foot Westfield San Francisco Centre into foreclosure and receivership in...
52,000 SQFT Lucky California-Leased Retail Property in San Jose Listed for $28.3MM
By Kate Snyder Another retail asset in the Bay Area has hit the market, this time in San Jose. The property is part...
Peninsula Land & Capital Identified as Potential Buyer for Wells Fargo’s 355,000 SQFT San Francisco Tower
By Kate Snyder Almost two decades after acquiring the asset, Wells Fargo has found a buyer for a San Francisco tower that has...
Wells Fargo and JP Morgan Increase Provisions for Potential Commercial Real Estate Losses
By The Registry Staff JP Morgan Chase (JPM.N) and Wells Fargo (WFC.N) announced on Friday that they have increased their provisions for potential...
US Lenders Ready for Possible Losses in Portfolios, Prepare to Offload CRE Loans, Even Performing Ones
By The Registry Staff Certain US banks are preparing to sell loans tied to real estate assets at a discounted price, even when...
Ethan Conrad Properties Buys Two Sacramento Properties in Separate Deals for $14.8MM
By Kate Snyder Two Sacramento properties recently traded hands in a deal that shows the region continues to draw attention from investors. Both...
Concerns Over Commercial Real Estate Loans Weigh on US Bank Stocks, Amidst Broader Market Decline
By The Registry Staff On Wednesday, shares of large and mid-sized US banks experienced a notable underperformance compared to the broader market, according...
US Banks Worry Commercial Real Estate Valuations May Pose Broader Economic Consequences
By Vladimir Bosanac US banks are growing increasingly concerned about the drop in commercial property valuations and the possible risk to lenders’ balance...
