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Lenders Seize San Jose Site for Hotel After Loan Default

Lenders Seize San Jose Site for Hotel After Loan Default
therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.

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San Jose hotel development site is seized in real estate foreclosure

San Jose hotel development site is seized in real estate foreclosure
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San Jose hotel development site is seized in real estate foreclosure

San Jose hotel development site is seized in real estate foreclosure
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San Jose hotel development site is seized in real estate foreclosure

San Jose hotel development site is seized in real estate foreclosure
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San Jose hotel site OK d for 100-plus rooms flops into loan default

A San Jose site where a hotel with more than 100 rooms is proposed has tumbled into a loan default and faces foreclosure, a fresh indicator of post-coronavirus economic maladies for the Bay Area lodging sector.

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