SAN FRANCISCO | 450 O'Farrell Street | FT | 20 FLOORS

[Urbannizer]

Cancelled

https://therealdeal.com/san-francisco/20...church-site-goes-to-foreclosure-auction/

Feb 19, 2026, 10:00 PM UTC

A San Francisco church is set to be foreclosed at a site once floated for housing.
On Thursday, lender AGP Funding REIT, the discretionary private debt fund of AGP Capital, will pursue a foreclosure auction for two neighboring parcels at 450 O’Farrell Street and 474 O’Farrell Street in the Tenderloin neighborhood, the San Francisco Business Times reported.

AGP Funding REIT served the Fifth Church of Christ, Scientist and Forge Development Partners with a notice of default last May for a $6.8 million loan tied to the church’s land at 450 O’Farrell and an adjacent parcel at 474 O’Farrell owned by a Forge affiliate. AGP Funding REIT originated the $6.8 million loan in March 2022; the debt matured in January 2024. The notices said the amount of outstanding debt tied to the two pieces of land was more than $8.4 million.