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Owner of SF's Largest Hotel, the Hilton Union Square, Is Walking Away, Surrendering It to Lender
S Fist ^ | 5 June 2023 | Jay Barmann

Posted on 06/05/2023 7:52:40 PM PDT by Rummyfan

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The devolution of San Francisco continues....
1 posted on 06/05/2023 7:52:40 PM PDT by Rummyfan
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To: Rummyfan

Watch who buys it.

I’m betting it will be a Chinese subsidiary.


2 posted on 06/05/2023 7:54:55 PM PDT by Jonty30 (If liberals were truth tellers, they'd call themselves literals. )
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To: Rummyfan

Don’t worry!

London Breed the welfare grrl from the projects will fill the buildings with people like her!

It’ll be paradise! No problems!


3 posted on 06/05/2023 7:56:22 PM PDT by Regulator (It's fraud, Jim)
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To: Rummyfan

Has REIT Park Hotels & Resorts gone Galt?


4 posted on 06/05/2023 7:57:42 PM PDT by Oscar in Batangas (An Honors Graduate from the Don Rickles School of Personal Verbal Intercourse)
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To: Rummyfan
Owner of SF's Largest Hotel, the Hilton Union Square, Is Walking Away, Surrendering It to Lender

Here. It's yours. Good luck, and bye.

5 posted on 06/05/2023 8:01:25 PM PDT by Steely Tom ([Voter Fraud] == [Civil War])
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To: Jonty30

Chinese owned San Francisco...POOF..Homeless gone.....


6 posted on 06/05/2023 8:02:13 PM PDT by Hambone 1934 (Dems love playing Nazis.....The republicans love helping them)
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To: All

Cool. all businesses and productive people should pull out.

Frisco would make a great ghost town, populated by zombies.


7 posted on 06/05/2023 8:03:44 PM PDT by LegendHasIt
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To: Jonty30

“Watch who buys it. I’m betting it will be a Chinese subsidiary.”

Good, let them take a bath on it.


8 posted on 06/05/2023 8:04:10 PM PDT by BobL
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To: Rummyfan

290 reparations benefactors can cover the debt and each will still have $2,500,000 left to live on for a while.


9 posted on 06/05/2023 8:04:20 PM PDT by immadashell (Save Innocent Lives: Ban Gun Free Zones)
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To: Rummyfan

No worries, the gummit will pack the place with illegals who in turn will spend all their free money from taxpayers, the building will do just fine.


10 posted on 06/05/2023 8:06:22 PM PDT by quantim (Victory is not relative, it is absolute. )
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To: Jonty30

I say let;s just give it to the homeless, and get them off the street.


11 posted on 06/05/2023 8:07:17 PM PDT by rovenstinez ( )
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To: Rummyfan

Sounds like more than a “bit of bad news”. Who will be next?


12 posted on 06/05/2023 8:07:31 PM PDT by nuconvert ( Warning: Accused of being a radical militarist. Approach with caution.)
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To: Rummyfan

Oh poo....


13 posted on 06/05/2023 8:08:20 PM PDT by blackdog ((Z28.310) My dog Sam eats purple flowers.)
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To: Rummyfan

“Free” housing for the illegals. Californians getting what they voted for.

Problem is that, the feds might pick up the tab, so, we’re all paying for it.


14 posted on 06/05/2023 8:08:22 PM PDT by adorno
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To: Rummyfan

This is a huge deal.

Every business downtown is at risk and the losses are accelerating. Each one that goes makes it worse for the survivors.

I predict Macy’s goes soon. And the Westlake mall, including Bloomingdales. And Target, and the Metreon. At that point whatever is left on Union Square may as well go, including Nieman Marcus and Saks. And the remaining hotels, including the historic St. Francis.

A total wipeout.


15 posted on 06/05/2023 8:08:30 PM PDT by buwaya (Strategic imperatives )
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To: Rummyfan

Atlas Shrugs


16 posted on 06/05/2023 8:09:41 PM PDT by Apparatchik (If you find yourself in a confusing situation, simply laugh knowingly and walk away - Jim Ignatowski)
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To: Rummyfan

Global elites are encouraging the destruction of American cities so they can be greatly devalued and the global elites will swoop in and buy entire cities then magically clean them up to make money.


17 posted on 06/05/2023 8:09:48 PM PDT by cyclotic
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To: Jonty30

“ I’m betting it will be a Chinese subsidiary.”

I have no doubt the Chinese can do better in San Francisco than today’s Californians can.


18 posted on 06/05/2023 8:10:43 PM PDT by Scott from the Left Coast (“We should not assume civilization is robust”)
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To: Rummyfan

Smart people don’t invest in democrat hellholes.


19 posted on 06/05/2023 8:11:25 PM PDT by GOPJ (Target, Bush and Disney support the sexual mutilation and sterilization of children. Evil )
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To: Rummyfan

2900 rooms. Perfect place for all the illegals to stay while they await their asylum hearings....ha ha ha ha ha


20 posted on 06/05/2023 8:12:21 PM PDT by qaz123
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