Downtown San Jose towers face tricky financing despite housing shortage

Downtown San Jose towers face tricky financing despite housing shortage

11 months ago
Anonymous $Pi6HN8Q0B-

https://www.siliconvalley.com/2023/12/11/san-jose-house-home-apartment-real-estate-finance-economy-build-office/

SAN JOSE — A trio of proposed housing towers in downtown San Jose could face a tricky quest for construction financing due to an increasingly uncertain economy.

Preliminary plans have been formally filed for two new housing high-rises to replace a proposed office tower at the corner of North Fourth Street and East Santa Clara Street in San Jose near City Hall.

Downtown San Jose towers face tricky financing despite housing shortage

Mon Dec 11, 11:21pm UTC
https://www.siliconvalley.com/2023/12/11/san-jose-house-home-apartment-real-estate-finance-economy-build-office/ > SAN JOSE — A trio of proposed housing towers in downtown San Jose could face a tricky quest for construction financing due to an increasingly uncertain economy. > Preliminary plans have been formally filed for two new housing high-rises to replace a proposed office tower at the corner of North Fourth Street and East Santa Clara Street in San Jose near City Hall.