A pair of San Francisco hotels whose travails exemplified a fallen commercial real estate market are changing hands, marking ...
SAN FRANCISCO (KGO) -- Another blow is being dealt to downtown San Francisco. The investment firm that owns Hilton San Francisco Union Square and Parc 55 hotels is walking away from its debt and ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Several recent deals for debt ...
The owner of two of San Francisco's biggest hotels will stop making payments on a massive loan it has on the properties, and because of conditions of the city, it plans to make an exit. The San ...
That was fast: A judge has tapped a specialist to take control of and seek a buyer for the two troubled Union Square Hiltons. Owner with $274M loan debt in talks to surrender its S.F. hotel What's ...
Park Hotels & Resorts says the Parc 55 and Hilton San Francisco Union Square have been a "burden on operating results." Photo Credit: Raymond Ahner/Shutterstock Park Hotels & Resorts, owner of the ...
A judge has named a receiver to take control of two large hotels given up by Park Hotels & Resorts in San Francisco, with plans to sell them in less than a year. Michelle Russo, CEO of Hotel Asset ...
Park Hotels & Resorts Inc. has stopped making payments on a loan tied to the Hilton San Francisco Union Square and the Parc 55 San Francisco, two of the city’s largest hotels, dealing another blow to ...
Workers at the Parc 55 San Francisco had engaged in rolling walkouts since September. Photo Credit: Raymond Ahner/Shutterstock San Francisco's hotel labor strikes concluded on Dec. 24, after ...
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