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30
More San Francisco jingle mail, Westfield Mall $558 million boogaloo - ceased payments on the loan, return to lender (sfstandard.com)
posted 3 years ago by xleb2 3 years 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.
sfstandard.com
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– APDSmith 3 points 3 years ago +3 / -0

Kinda, but what good is it going to do them?

Companies who made their money at the game have just packed it in ... unless the bank's plan is to bulldoze the site in preparation for pod housing, how is the bank going to turn a profit on such a place?

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▲ 5 ▼
– Lurker404 5 points 3 years ago +5 / -0

Migrant housing, "education" or community center or some other bullshit that the government will sink billions into.

For example: here in Germany the government loves to pay expensive hotels to house "refugees". However, recently they had a new idea: how about we just buy those hotels?

There's money to be made. You just have to follow the most retarded politicians around.

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