https://www.siliconvalley.com/2024/08/23/san-jose-office-house-tech-economy-build-property-real-estate-loan/ > SAN JOSE — A loan for a proposed tower project at a prime downtown San Jose site has tumbled into delinquency and default, a fresh indicator that economic woes haunt the Bay Area’s real estate sector. > The Carlysle, as the highrise project is known, faces some financial uncertainties in the wake of the loan delinquency, which came to light through a notice of default filed on Aug. 21 with the Santa Clara County Recorder’s Office.