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A Pair of San Francisco Hotels Sold at Steep Discount

A Pair of San Francisco Hotels Sold at Steep Discount

by Phil Hall | Nov 24, 2025 | Commercial Real Estate News, Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Two of San Francisco’s largest hotels were sold together at a significant discount. Bloomberg reports Parc 55 and Hilton San Francisco Union Square, which encompass a total of nearly 3,000 rooms, were sold for $408 million – a 75% drop from their combined $1.56...
A Pair of San Francisco Hotels Sold at Steep Discount

REIT Forfeits on $725M Loan for Two San Francisco Hotels

by Phil Hall | Jun 6, 2023 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The real estate investment trust Park Hotels & Resorts (NYSE:PK) is defaulting on the loan for two of its San Francisco hotels, which it is releasing from its portfolio after citing concerns on the city’s “street conditions” and economy....

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