One of the highest-profile luxury hotels in San Francisco could soon be available at a steep discount.
The lenders behind a non-performing loan backed by the Four Seasons San Francisco at Embarcadero are seeking a buyer for the debt, which offers a potential ownership of the downtown luxury hotel in a foreclosure sale.
JLL has been tapped to arrange the sale of a $72.5M loan that was originated by HSBC and sold in 2022 to Waterfall Asset Management in 2022. JLL is marketing the loan at a "favorable basis, significantly below replacement cost" and historical full-service luxury sales comps, according to a report in the San Francisco Business Times.
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