https://www.siliconvalley.com/2024/10/11/san-jose-home-house-loan-build-economy-china-property-real-estate/

SAN JOSE — A big San Jose housing complex with hundreds of units is in default on a loan that tops a quarter-billion dollars, a setback that could lead to a foreclosure of the property’s delinquent financing.

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The $264 million construction loan for the double-tower housing highrise at 188 West St. James Street, formerly known as Silvery Towers, is in default, documents filed on Oct. 10 with the Santa Clara County Recorder’s Office show.