Posted on Jun 6, 2023
The owner of two major SF hotels STOPS making payments on its loan
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Another one bites the bullet.
'After much thought and consideration, we believe it is in the best interest for Park's stockholders to materially reduce our current exposure to the San Francisco market,' CEO Thomas Baltimore Jr said"
'After much thought and consideration, we believe it is in the best interest for Park's stockholders to materially reduce our current exposure to the San Francisco market,' CEO Thomas Baltimore Jr said"
The owner of two major SF hotels STOPS making payments on its loan
Posted from dailymail.co.uk
Uncategorized
San Francisco
Economy
Policy
Edited >1 y ago
Posted >1 y ago
Responses: 3
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Why throw good money on a probable permanent problem.
It seems it will get to a point at which the National Guard/ Full military complement takes over by force to just get across the street.
It seems it will get to a point at which the National Guard/ Full military complement takes over by force to just get across the street.
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SF is becoming a retail ghost town. Well, the citizens electe Newsome, so ... doom on them.
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It's become easy to walk away from the 'bidet by the bay'. I'd never imagined a company walking away from two major properties in a place like 'Frisco.
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