San Fran's CRE Apocalypse
Apocalypse again!💥 💥 💥 💥 💥
https://www.zerohedge.com/markets/san-frans-cre-apocalypse-citys-two-biggest-hotels-have-defaulted
Apocalypse again!
https://www.zerohedge.com/markets/san-frans-cre-apocalypse-citys-two-biggest-hotels-have-defaulted
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ZeroHedge
San Fran's CRE Apocalypse: The City's Two Biggest Hotels Have Defaulted
The 1,921-room Hilton is the city’s largest hotel and the 1,024-room Parc 55 is the fourth-largest, and together they account for around 9% of the city’s hotel stock.