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Loan default

Jamestown sells troubled office building in Union Square for $15M
San Francisco
Jan 9, 2025

Jamestown sells troubled office building in Union Square for $15M

Price in sale to Seven Equity Group is 77% less than Jamestown paid in 2015
Portsmouth Square may default second time on $117M debt for SF hotel
San Francisco
Jan 6, 2025

Portsmouth Square may default second time on $117M debt for SF hotel

Forbearance expired Jan. 1 on two loans tied to Hilton San Francisco Financial District
Martin Selig lists development lots as it struggles to pay $900M in debt
Seattle
Dec 24, 2024

Martin Selig lists development lots in struggle to pay $900M debt

Seattle developer defaults on $240M in loans tied to its most valuable office buildings