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$3285m

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"Lender takes back Campus at Horton property in downtown San Diego California. In 2018 Stockdale purchased the retail center for $175M. In 2020 Stockdale took out a $328.5M construction loan from AllianceBernstein. The loan amount was later increased to $398.5M with a balance due date of July XX 2024. Seven years after buying the once iconic Horton Plaza mall in the heart of downtown developer Stockdale Capital Partners has lost control of the property that it refashioned into a mixed-use office campus called the Campus at Horton. AllianceBernstein set the opening bid for the campus property"
X Link @FCNightingale 2025-08-20T01:50Z 26.1K followers, 3557 engagements