A Blackstone-owned office is avoiding becoming the latest casualty of the post-pandemic downturn in San Francisco as the New York investment firm nears a deal to extend a $195 million loan on the property.
Blackstone Nears Loan Extension for San Francisco Office as Company Reconfigures Local Real Estate
Former Charles Schwab Headquarters Is Latest To See New Financial Structure in Hard-Hit City
By Pawan Naidu
CoStar News
April 16, 2024 | 10:13 P.M.
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IN THIS ARTICLE
- Properties
- Spear Tower
One Market Plz, San Francisco, CA
- Gateway of Pacific
1000 Gateway Blvd, South San Francisco, CA
- Companies
- Blackstone Inc.
Finance and Insurance
- Clarion Partners
Finance and Insurance
- Paramount Properties Group
Real Estate