SF Multifamily

Maximus in default on $1.8B in loans on Parkmerced, as value drops by $700M

Maximus in default on $1.8B in loans on Parkmerced, as value drops by $700M

Servicer has made advances to “protect” the property

Royal Bank of Canada Takes Steps to Seize 82 Apartment Buildings in SF

RBC takes steps to seize 82 apartment buildings in SF after Goldman Sachs, Ballast default

Firms defaulted on $688M in loans earlier this year

Wilson Meany, Stockbridge start pre-leasing at Treasure Island tower

Wilson Meany, Stockbridge start pre-leasing at Treasure Island tower

Rents at SF megaproject’s first highrise will range from $3,500 to $8,300 a month