COVID real estate: Bankrupt San Jose hotel officially is bought, revamp and rebranding are ahead

COVID real estate: Bankrupt San Jose hotel officially is bought, revamp and rebranding are ahead

3 years ago
Anonymous $LNMzUc6XNz

https://www.siliconvalley.com/2021/06/08/real-estate-bankrupt-san-jose-hotel-officially-bought-auction-covid/

SAN JOSE — A real estate alliance has officially bought a bankrupt San Jose hotel and is seeking to rebrand it as a Courtyard by Marriott following a revamp of the lodging.

Four Points by Sheraton, a 196-room hotel at 1471 N. Fourth St. in north San Jose, was bought by an alliance of Santa Monica-based Beachpoint Capital Management and Pasadena-based ASAP Holdings, according to public records.