Goldman Sachs and Ballast are set to surrender 82 apartment buildings in San Francisco to lender Royal Bank of Canada, per Triple Net Investor. They recently defaulted on loans totaling $687.5M The apartments were purchased between 2017 and 2020 for $704M ($587K per unit).
Goldman Sachs and Ballast are set to surrender 82 apartment buildings in San Francisco to lender Royal Bank of Canada, per Triple Net Investor.</p>
<p>They recently defaulted on loans totaling $687.5M The apartments were purchased between 2017 and 2020 for $704M ($587K per unit).
