Lender winds up as owner of foreclosed San Jose hotel project site
https://www.mercurynews.com/2023/05/08/san-jose-alviso-hotel-covid-loan-buy-sell-build-economy-foreclose-tech/
SAN JOSE — A San Jose project site intended to hold a new hotel — 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 — if built — would consist of 200 rooms and is located in North San Jose’s Alviso district near the Topgolf entertainment, dining and golfing hub.
