Two San Jose office buildings stabilize loan as lender cancels default

Two San Jose office buildings stabilize loan as lender cancels default

6 months ago
Anonymous $6hYC3Wwiad

https://www.siliconvalley.com/2024/05/14/san-jose-property-real-estate-office-build-develop-loan-economy-tech/

SAN JOSE — A lender has canceled a loan default involving two San Jose office buildings, a welcome reversal that enables the owners of the buildings to stabilize their financing with fresh funding.

The office buildings are located at 1955 and 1961 The Alameda, a prime spot next to the interchange with Interstate 880.