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:98 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