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Ok California. Now what?
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<blockquote data-quote="Babagounj" data-source="post: 5803877" data-attributes="member: 12952"><p>[URL unfurl="true"]https://www.dailymail.co.uk/news/article-12962017/Hilton-hotel-San-Francisco-defaults-mortgage.html[/URL]</p><p>A Hilton hotel in San Francisco has defaulted on its mortgage, missing its $97 million loan payment - in the latest in the 'doom loop' crisis for the liberal city. </p><p>According to the <a href="https://www.sfchronicle.com/bayarea/article/hilton-financial-district-default-18605433.php" target="_blank">San Francisco Chronicle</a>, the Hilton Financial District reported $11.1 million in revenue in the third quarter of 2023, down from $12.3 million a year prior.</p><p>The hotel had also dropped its room prices, from an average of $218-a-night compared to $230, as the number of people occupying the hotel rooms also fell.</p></blockquote><p></p>
[QUOTE="Babagounj, post: 5803877, member: 12952"] [URL unfurl="true"]https://www.dailymail.co.uk/news/article-12962017/Hilton-hotel-San-Francisco-defaults-mortgage.html[/URL] A Hilton hotel in San Francisco has defaulted on its mortgage, missing its $97 million loan payment - in the latest in the 'doom loop' crisis for the liberal city. According to the [URL='https://www.sfchronicle.com/bayarea/article/hilton-financial-district-default-18605433.php']San Francisco Chronicle[/URL], the Hilton Financial District reported $11.1 million in revenue in the third quarter of 2023, down from $12.3 million a year prior. The hotel had also dropped its room prices, from an average of $218-a-night compared to $230, as the number of people occupying the hotel rooms also fell. [/QUOTE]
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