seems to be picking up speed.
www.dailymail.co.uk
Owner of two of San Fran's largest hotels - Hilton Union Square and Parc 55 - STOPS making payments on $725 million loan due in November because the crime-ridden city's 'path to recovery remains clouded'
- Park Hotels and Resorts announced on Monday it stopped making mortgage payments on the Hilton San Francisco Union Square and Parc 55
- CEO Thomas Baltimore Jr said the city's 'path to recovery remains clouded and elongated by major challenges'
- The city has become a ghost town with empty storefronts
The owner of two major SF hotels STOPS making payments on its loan
Park Hotels and Resorts announced on Monday it stopped making mortgage payments on the Hilton San Francisco Union Square and Parc 55.
