San Francisco Properties Hit the Market Amid Financial Troubles
TL;DR Summary
The San Francisco Art Institute, which filed for bankruptcy earlier this year, has listed its campus for sale. The property includes a 1931 Diego Rivera mural valued at $50 million, which can be sold along with the campus. The institute owes unpaid rent and debts to various creditors. The campus, located in Russian Hill, consists of two landmarked buildings totaling around 93,000 square feet. The sale presents a rare opportunity to acquire prime real estate with stunning views of Alcatraz, the Bay Bridge, and more.
Topics:business#bankruptcy#campus-sale#diego-rivera-mural#education#financial-shortfalls#san-francisco-art-institute
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