San Francisco Apartment Building Loses $250 Million in Value Amid Crime Crisis – Now Facing Forclosure
A very large apartment building in San Francisco has lost $250 million in value since 2018 as the city has devolved into a hellscape of crime and open drug addiction.
Commercial real estate and retail space in the city have had the same problems.
This could eventually cause a domino effect on San Francisco unlike anything we have ever seen.
The FOX Business Network reports:
San Francisco apartment building facing foreclosure, significant decline in value
An apartment building in San Francisco has reportedly experienced a large decrease in its value compared to where it stood in 2018.
The San Francisco Chronicle, citing data from Trepp, reported Thursday that the building,