San Francisco’s Largest Hotels
Commercial Real Estate

Owner of Two of San Francisco’s Largest Hotels Pulling Out of City: ‘Path to Recovery Remains Clouded’

The owner of two of San Francisco’s largest downtown hotels is stopping mortgage payments and going into foreclosure on the properties, stating that the city faces “major challenges” and that reducing exposure to the market […]

mortgages
Economy

Potential ‘time bomb’ for US economy looms as $1.5 trillion in real estate mortgages will come due within the next two years

Some $1.5 trillion in mortgages will come due in the next two years – paving the way for a financial crisis as higher interest rates push down property values As this event looms, big banks such […]