Stories Related to Wells Fargo May Lose Up To $3 Billion On Its Office Building Loans

Wells Fargo may lose up to $3 billion on its office building loans

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  • Former Wells Fargo building in downtown Cedar Rapids to be repurposed as real estate office
    $11 million plan will remodel building for Realtor Tiffany Earl Williams headquarters A rendering of the $11 million redevelopment plan for the former Wells Fargo Bank building at 150 First St. NE.
    12/17/2024 - 11:00 am | View Link
  • Troubled uptown office building to undergo major changes after sale
    The sale comes a little over one year after Wells Fargo Trust Co. filed a civil suit in North Carolina Business Court asking that a receiver be assigned to the five-story, 458,169-square-foot building ...
    12/16/2024 - 5:54 am | View Link
  • Unnamed buyer to close on Wells Fargo's 5-building downtown Des Moines complex in January
    The prospective buyer will likely get a deal on the properties, valued by the Polk County Assessor's Office at upwards of $100 million. A year ago, Wells Fargo sold a 425,636-square-foot building and ...
    12/9/2024 - 1:03 am | View Link
  • With headquarters for sale, Wells Fargo will have shed more than half its downtown San Francisco office footprint
    Wells Fargo, which confirmed Tuesday it is listing its San Francisco headquarters for sale, has now reduced its office footprint in the city by more than half over the last few years.
    12/4/2024 - 5:40 am | View Link
  • Wells Fargo & Co
    Wells Fargo may lose up to $3 billion on its office building loans Rate cuts and easing bond yields are spurring some U.S. banks to cut losses on low-yielding investment securities, and park those ...
    11/24/2024 - 11:00 am | View Link
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