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San Francisco Downtown Buildings may be Owned by Banks Soon
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1:09:05 - 1:11:31 (02:26)

The variable rate loans of the commercial real estate in San Francisco have increased to 11-14% coupons from 5-6% which could lead to many companies failing to meet their debt obligations and bankruptcy, resulting in banks owning most of the buildings. Office towers in San Francisco are currently experiencing a 27% vacancy rate and growing, making it some serious toxic debt.

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