Real estate allies buy downtown San Jose housing site from wobbly developer

Real estate allies buy downtown San Jose housing site from wobbly developer

3 years ago
Anonymous $LNMzUc6XNz

https://www.siliconvalley.com/2021/05/26/real-estate-downtown-san-jose-home-buy-westbank-dillabough-develop/

SAN JOSE — A site tapped for a big residential complex that stalled due to the struggles of its original builder has been bought by a real estate alliance led by global developer Westbank and local developer Gary Dillabough.

Westbank and Dillabough have teamed up to buy a roughly 1.6-acre site near the corner of Terraine Street and Bassett Street where China-based developer Z & L Properties had proposed hundreds of residential units, according to public documents filed on May 25 in Santa Clara County.

Real estate allies buy downtown San Jose housing site from wobbly developer

May 26, 2021, 1:57pm UTC
https://www.siliconvalley.com/2021/05/26/real-estate-downtown-san-jose-home-buy-westbank-dillabough-develop/ > SAN JOSE — A site tapped for a big residential complex that stalled due to the struggles of its original builder has been bought by a real estate alliance led by global developer Westbank and local developer Gary Dillabough. > Westbank and Dillabough have teamed up to buy a roughly 1.6-acre site near the corner of Terraine Street and Bassett Street where China-based developer Z & L Properties had proposed hundreds of residential units, according to public documents filed on May 25 in Santa Clara County.