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Lenders Seek Workout for $350M Debt on SF Office Building

Source link : https://sanfrancisco-news.net/2024/12/20/business/lenders-seek-workout-for-350m-debt-on-sf-office-building/

Bondholders behind a CMBS loan on a 580,000-square-foot office building in San Francisco’s Financial District have signaled that they’re open to renegotiating terms, indicating the current landlord has some leverage in a workout even though it would come to the table in default. Burlingame-based investor Kylli last month defaulted on a $350 million loan against […]

The post Lenders Seek Workout for $350M Debt on SF Office Building first appeared on San Francisco News.

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Author : SanFrancisco

Publish date : 2024-12-21 06:21:12

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