Parkmerced has veered into receivership after Maximus Real Estate Partners defaulted on nearly $1.8 billion in loans.
San Francisco's Parkmerced is in the hands of a receiver that will handle operations and maintenance at the sprawling ...
Multifamily distress jumped from 3.7% to 7.2% due to a $1.75 billion loan on San Francisco’s Parkmerced complex. The trend accelerated by January 2025 and “the trajectory suggests multifamily ...
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