30 More San Francisco jingle mail, Westfield Mall $558 million boogaloo - ceased payments on the loan, return to lender (sfstandard.com) posted 1 year ago by xleb2 1 year ago by xleb2 +30 / -0 Westfield Gives Up Downtown San Francisco Mall The mall has faced foot traffic and sales declines in line with Downtown. 9 comments share 9 comments share save hide report block hide replies
Oh you mean because the property has risen in value since the owners bought it?
In that case I agree with you.
But the thing is - the owners who usually mail the keys back are the ones with negative equity. Not the ones with positive equity!