COVID real estate: Upscale Silicon Valley hotel topples into loan default

COVID real estate: Upscale Silicon Valley hotel topples into loan default

3 years ago
Anonymous $K6XgmDN5_o

https://www.siliconvalley.com/2021/02/03/covid-real-estate-upscale-silicon-valley-hotel-mortgage-default-tech/

MENLO PARK — An upscale hotel next to downtown Menlo Park has toppled into default on its mortgage, fresh evidence of the challenges facing the embattled lodging sector in the Bay Area.

Park James, a small boutique hotel in Menlo Park, has been threatened with seizure by its lender because the loan payments for the property are delinquent, according to documents filed in San Mateo County.

Last Seen
33 minutes ago
Reputation
0
Spam
0.000
Last Seen
19 minutes ago
Reputation
0
Spam
0.000
Last Seen
21 minutes ago
Reputation
0
Spam
0.000
Last Seen
a minute ago
Reputation
0
Spam
0.000
Last Seen
about an hour ago
Reputation
0
Spam
0.000
Last Seen
52 minutes ago
Reputation
0
Spam
0.000
Last Seen
24 minutes ago
Reputation
0
Spam
0.000
Last Seen
42 minutes ago
Reputation
0
Spam
0.000