Downtown San Jose housing tower project site loan default is canceled

Downtown San Jose housing tower project site loan default is canceled

2 months ago
Anonymous $genLyrxdTY

https://www.siliconvalley.com/2024/10/10/san-jose-home-house-economy-build-develop-property-real-estate-office/

SAN JOSE — A lender has scrapped a delinquency notice for a loan tied to a housing highrise project in downtown San Jose — although the financier warned the move doesn’t preclude a future default proceeding.

The loan involves a vacant lot at the corner of Notre Dame Avenue and Carlysle Street in downtown San Jose, according to documents on file with the Santa Clara County Recorder’s Office.