Huge San Jose residential complex lands key loan, construction nears
https://www.siliconvalley.com/2022/03/23/huge-san-jose-590-home-construction-loan-real-estate-develop-transit/
SAN JOSE — A huge residential development that would create nearly 600 homes in San Jose next to a train station has landed a crucial development loan that clears the way for construction to begin within weeks.
The housing development, located at 1330 S. Bascom Ave. in San Jose, has landed a construction loan totaling $284 million, according to Newmark, a commercial real estate firm that arranged the vital financing.
Huge San Jose residential complex lands key loan, construction nears
Mar 23, 2022, 1:22pm UTC
https://www.siliconvalley.com/2022/03/23/huge-san-jose-590-home-construction-loan-real-estate-develop-transit/
> SAN JOSE — A huge residential development that would create nearly 600 homes in San Jose next to a train station has landed a crucial development loan that clears the way for construction to begin within weeks.
> The housing development, located at 1330 S. Bascom Ave. in San Jose, has landed a construction loan totaling $284 million, according to Newmark, a commercial real estate firm that arranged the vital financing.