San FranciscoMar 20, 2025SF’s largest apartment complex ordered into receivershipReceiver to control 3,200-unit Parkmerced after Maximus defaults on $1.8B in loans
San FranciscoMay 2, 2024SF’s Parkmerced apartments plagued by crime, vermin, squatters, debtMaximus Real Estate has $1.8B in troubled loans tied to troubled 3,200-unit complex
San FranciscoJul 16, 2024Maximus in default on $1.8B in loans on Parkmerced, as value drops by $700MServicer has made advances to “protect” the property