One of San Francisco's most iconic malls has plunged ~$1 BILLION in value since 2016
— Triple Net Investor (@TripleNetInvest) August 27, 2024
The value of the Emporium Centre (formerly Westfield Centre) went from $1.22B in 2016 to $221M according to an appraisal done by KBRA
The owners stopped making payments on a $558M loan tied to… pic.twitter.com/2fKWEgnSjv
Wednesday, August 28, 2024
One of San Francisco's most iconic malls has plunged ~$1 BILLION in value since 2016
