Bay Area university faces default on loan for its huge property
https://www.siliconvalley.com/2023/03/09/oakland-east-bay-holy-names-university-real-estate-loan-covid-economy/
OAKLAND — Holy Names University, a private Catholic college in Oakland, has defaulted on the loan for its property, a fresh financial jolt for the 154-year-old school as it faces a shutdown this year.
The school, nestled in the East Bay hills, is in default on a loan from lender Preston Hollow Community Capital, according to documents filed on Feb. 23 with the Alameda County Recorder’s Office.