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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: 88
Comments: 2

"Next biggest is a Hilton near Chinatown, which has a $97 million loan due in January, $9.3 million paid off."

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Begin Trace Mode for Comment # 1.

#1. To: Horse (#0) (Edited)

"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? ;)

BTP Holdings  posted on  2023-06-09   20:22:39 ET  Reply   Untrace   Trace   Private Reply  

#2. To: BTP Holdings (#1)

Most excellent questions, especially the last.

Lod  posted on  2023-06-09 21:51:37 ET  Reply   Untrace   Trace   Private Reply  

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