Title: 30 San Francisco Hotels Face Incoming Debt Maturity Wall As Default Dominoes Begin Source:
[None] URL Source:https://www.zerohedge.com/markets/3 ... ity-wall-default-dominos-begin Published:Jun 9, 2023 Author:Tyler Durden Post Date:2023-06-09 19:24:29 by Horse Keywords:None Views:83 Comments:2
"Next biggest is a Hilton near Chinatown, which has a $97 million loan due in January, $9.3 million paid off."
"Next biggest is a Hilton near Chinatown, which has a $97 million loan due in January, $9.3 million paid off."
From the link:
"One last thing, just days before ParkHotels' announcement, San Francisco's Mayor, London Breed, made a significant U-Turn to re-fund police after pushing for years to defund it. What a nightmare Democrats have created for everyone."
10% of the loan is paid off?
How did the Hilton get itself into this predicament?
Where is Harry Callahan when we need him? ;)
"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke
On some great and glorious day the plain folks of the land will reach their heart's desire at last, and the White House will be adorned by a downright moron. ~ H. L. Mencken