San Jose housing tower lands fresh $150 million loan in hopeful sign

San Jose housing tower lands fresh $150 million loan in hopeful sign

2 months ago
Anonymous $Uu1e96lHBL

https://www.siliconvalley.com/2024/11/19/san-jose-house-home-property-build-student-university-real-estate-loan/

SAN JOSE — A San Jose housing highrise has landed $150 million in financing, a hopeful sign that investors believe the apartment market remains sturdy in the Bay Area’s largest city.

The Grad, a student housing tower in downtown San Jose, attracted funding from Acore Capital Mortgage, which is active in providing financing for real estate projects and properties in the South Bay and elsewhere in the Bay Area.