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Douglas Wilson Companies Begins Overseeing Parkmerced with $70M Investment to Stabilize the Neglected Community

Summary by Yield PRO
Douglas Wilson Companies (DWC), the court-appointed receiver of Parkmerced, the 3,221-unit community located in the southwest corner of San Francisco, has taken control of the property from the owner who defaulted on its $1.8B loans. “We have been given authority from the Superior Court and substantial capital from the lender to immediately focus on repairing […] The post Douglas Wilson Companies Begins Overseeing Parkmerced with $70M Investment…
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Yield PRO broke the news in on Wednesday, May 28, 2025.
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