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.
Business & Tech Two of SF's Largest Hotels Head Toward Receivership, Will Have a Year to Find Buyer Two enormous hotels in downtown SF, the Hilton San Francisco Union Square and the Parc 55, will likely be bought up by a new owner or owners within a year, and they are now set to go into receivership shortly.
Business & Tech Hotel Expert: Hilton Owner's Declaration on Loan Might Just Be Negotiating Tactic It was one of the biggest local stories of the week, but is the owner of the Hilton San Francisco Union Square and Parc 55 hotels just negotiating with its bank by publicly saying they're defaulting on their loan?
SF News SFPD Investigates Murder-Suicide Involving Young Couple at Parc 55 Hotel What was being called a double shooting last week was actually a murder-suicide involving a young San Francisco couple at a Union Square hotel, as we now learn from the SFPD.
SF News Mustang Driver Allegedly Responsible For SF Hit-And-Run Rampage Out On Bail Watch out! The man who allegedly struck (in this order) the Parc 55 hotel, a Muni bus, and two pedestrians before fleeing to his Hayward home is out on bail, and has yet
