Login

Fitch Downgrades $682 Million Loan on San Francisco’s First Market Tower

Declining Occupancy, Weak Market Weigh on Office Building
A loan tied to First Market Tower in downtown San Francisco was downgraded. (CoStar)
A loan tied to First Market Tower in downtown San Francisco was downgraded. (CoStar)
CoStar News
December 19, 2023 | 10:10 P.M.

Fitch Ratings has downgraded bonds tied to a $682 million loan on the commercial mortgage-backed securities market for 525 Market St. in San Francisco. The downgrade is due to declining performance as well as overall market conditions, according to the credit-rating firm.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In