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SF office buildings are selling at 60-70% off in some cases. I don't think anywhere else is as bad, but still probably worse than 20%. https://www.sfgate.com/b
by metalspot 3y ago
SF office buildings are selling at 60-70% off in some cases. I don't think anywhere else is as bad, but still probably worse than 20%.
https://www.sfgate.com/bayarea/article/downtown-sf-office-building-sells-less-value-18290171.php https://www.sfgate.com/bayarea/article/downtown-sf-office-bu...
https://www.globest.com/2023/06/07/wells-fargo-sells-san-francisco-office-tower-at-60m-loss/ https://www.globest.com/2023/06/07/wells-fargo-sells-san-fra...
- lost_tourist 3y agoWhy are all the capitalists crying, "it's just the market, supply and demand, dude!" . I'm sure less urban areas are getting that capital so it all balances out in the end. I'm not going to cry for someone who is rich enough to own a skyscraper in downtown San Francisco.