Lender winds up as owner of foreclosed San Jose hotel project site
https://www.siliconvalley.com/2023/05/08/san-jose-alviso-hotel-covid-loan-buy-sell-build-economy-foreclose-tech/
SAN JOSE — A San Jose hotel project site whose development future is murky due to coronavirus-linked economic woes is now owned by a unit of the property’s lender after the formal completion of a real estate foreclosure.
The proposed hotel development would consist of 200 rooms and is located in north San Jose’s Alviso district near the Topgolf entertainment, dining and golfing hub.
Lender winds up as owner of foreclosed San Jose hotel project site
May 8, 2023, 6:20pm UTC
https://www.siliconvalley.com/2023/05/08/san-jose-alviso-hotel-covid-loan-buy-sell-build-economy-foreclose-tech/
> SAN JOSE — A San Jose hotel project site whose development future is murky due to coronavirus-linked economic woes is now owned by a unit of the property’s lender after the formal completion of a real estate foreclosure.
> The proposed hotel development would consist of 200 rooms and is located in north San Jose’s Alviso district near the Topgolf entertainment, dining and golfing hub.