Francis Ford Coppola has reportedly put San Francisco’s famed Sentinel Building on the line again, using the century-old North Beach landmark as collateral for a new private loan as he confronts mounting financial strain from his self-funded 2024 box office flop “Megalopolis.”
Documents filed with the San Francisco assessor-recorder show that one of the filmmaker’s companies, Francis Ford Coppola Presents, secured a loan from Capital Holdings VI LLC and offered the copper-domed flatiron building as a guarantee, according to real estate site The Real Deal. The loan amount was not disclosed.
Coppola bought the seven-story tower at Columbus, Kearny and Jackson streets for $500,000 in 1973, according to the county assessor’s office — a year after “The Godfather” made him an international name…