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#CRE luhistuminen
12.8. klo 08.49
225 Bush St. San Francisco, California defaulted on a $350M loan
Appraisal reduced 74% to $153M from $589M in 2019.
Purchased for $350M in 2014.
Lenders sued 225 Bush St. owner Kylli, seeking to place the building into receivership and ultimately foreclose upon it.
580,000 SF Built 1922
-bizjournals
#commercialrealestate
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