Hotel De Anza in downtown San Jose is bought for just over $11 million

Hotel De Anza in downtown San Jose is bought for just over $11 million

a month ago
Anonymous $Uu1e96lHBL

https://www.siliconvalley.com/2024/10/30/san-jose-hotel-economy-property-build-real-estate-covid-tech-historic/

SAN JOSE — The historic Hotel De Anza in downtown San Jose has been bought at a price that’s roughly half of what it was previously worth, a grim new sign of the weakness in the lodging market.

Hotel De Anza was bought for $11.5 million, according to documents filed on Oct. 29 with the Santa Clara County Recorder’s Office.