Por: MarketWatch Business January 13, 2024
The large, upscale mall and office building, formerly known as Westfield San Francisco Centre, was refinanced by a group of Wall Street banks in 2016 in a transaction that sliced up the 10-year mortgage debt into several bond deals. In the wake of the pandemic, fortunes have shifted downward not just for mall owners, but also the urban cores of cities like San Francisco, where officials are forecasting an over the next two years, in part due to... + full article
Fox Business USA Business June 16, 2023
Post Brothers CEO Michael Pestronk outlines why he believes San Francisco provides a huge opportunity for investment despite economic and social struggles. Cinemark Holdings, Inc. is shuttering its downtown theater, becoming the latest major firm to high-tail it out of the... + más
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New York Post USA Business June 14, 2023
The as the owners of one of the biggest shopping centers in the city decided to walk away after 20 years, in the face of declining sales, occupancy and foot traffic. Unibail-Rodamco-Westfield said late on Monday it will transfer its Westfield San Francisco shopping mall to... + más
Walking away: San Francisco mall owner hands property back to bank as exodus continues | Fox Business
San Francisco is dealt another blow as Westfield walks away from downtown mall | Los Angeles Times
MarketWatch USA Business June 13, 2023
In a statement, Westfield blamed “the challenging operating conditions in downtown San Francisco, which have led to declines in sales, occupancy and foot traffic.” Westfield’s partner in the mall, Brookfield Properties, did not immediately reply when asked for comment late... + más
Struggling San Francisco takes another big hit as mall owner Westfield flees | New York Post
Los Angeles Times USA Business June 13, 2023
The owners of the Westfield San Francisco Centre mall have stopped paying their loan and are giving up the property to lenders, adding to deepening real estate pain in a city struggling to bring back workers and tourists after the pandemic. The mall, co-owned by... + más
Westfield surrenders keys to downtown San Francisco shopping mall to lender | MarketWatch
MarketWatch USA Politics June 13, 2023
Fox Business USA Business June 12, 2023
Tacorea restaurant owner David Lee describes being mentally drained by the crime wave, and says he hasnt received victim help from San Francisco leadership. Shopping center giant Westfield is walking away from its San Francisco Centre mall, becoming the latest major company to... + más
Service dog training organization sues Maine Mall, claiming discrimination | Portland Press Herald
‘Friends’ merch, VHS tapes, lots of big hair. Natick Mall time capsule from 1994 reveals quirky throwbacks. | The Boston Globe
The Boston Globe USA Nation December 24, 2022
In 2019, Dunyadar Gasanov’s commercial trucking company collapsed after seven in a collision in northern New Hampshire involving his newly hired driver and a group of motorcyclists.His driver was charged with manslaughter and negligent homicide, and early last year, Gasanov to... + más
Trucking jobs evaporate as shortage worsens | Fox Business
Tesla Semi Rolls Out: Truck Delivers First Full Load On A 500-Mile Trip | Forbes
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