San Francisco
Mar 20, 2025
SF’s largest apartment complex ordered into receivership
Receiver to control 3,200-unit Parkmerced after Maximus defaults on $1.8B in loans
Maximus Real Estate Partners
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San Francisco
May 2, 2024
SF’s Parkmerced apartments plagued by crime, vermin, squatters, debt
Maximus Real Estate has $1.8B in troubled loans tied to troubled 3,200-unit complex
San Francisco
Mar 2, 2023
Aimco to sell $275M ParkMerced loan for $167.5M
Apartment lender hopes for only a 25% loss due to $50M insurance "swaption"