Business & Tech SF’s Biggest Hotel Complex, the Union Square Hilton and Parc 55, Gets Its Valuation Slashed By $1 Billion More ugly news for SF’s hospitality industry, as the 3,000-room Hilton San Francisco Union Square and Parc 55 complex was just valued at only $550 million, after being valued at $1.6 billion eight years ago. And now the two hotels are just months from foreclosure.
SF News More China Live Drama, as Bank Is Now Threatening to Foreclose Property on the Landlord The tables may have turned in the China Live restaurant-landlord dispute, as now it's Wells Fargo suing the landlord who’d previously sued China Live over unpaid rent, and the bank is threatening to foreclose.
SF News Luxury Apartment Complex NEMA Dodges Foreclosure by Striking a Deal With Its Lenders The impending foreclosure on the mid-Market apartment building NEMA is apparently no longer impending, as the developer behind the luxury high-rise has struck a deal with its creditors.
SF News Fed Up Local Woman Occupies Her Foreclosed Home Former sheriff's deputy Carolyn Gage brought a small portion of the Occupy movement to the Bayview yesterday, where she vowed to reclaim the home she lost to foreclosure. Gage led a group of
SF News More Laws Protecting Renters, a Good Thing? There have been four new laws proposed this year that would make it harder for landlords to raise rents and evict tenants. Three of the laws would increase the rights of rent-controlled tenants
