SAN JOSE — An empty San Jose office building has been foreclosed and seized by its lender, a financial real estate failure that serves as a disquieting reminder of the maladies that afflict the frail Bay Area office market. The building, located at 5729 Fontanoso Way in south San Jose, was seized by its lender, … Read more
SAN JOSE — A court receiver has seized control of an empty and neglected San Jose office building that’s delinquent on its loan, fresh evidence that economic woes still afflict the commercial property market. The receivership status of the office building, located at 3100 North First Street, is part of a process that would shove … Read more
SAN JOSE — A downtown San Jose housing tower built by a China-based real estate firm whose top boss has been linked to a Bay Area fraud case may face foreclosure proceedings due to delinquent homeowners dues. The property involved in the delinquencies is the two-tower residential complex at 188 West St. James Street in … Read more
WALNUT CREEK — A big apartment complex in downtown Walnut Creek that was completed just last year has been handed back to its lender after the property’s loan flopped into delinquency, public records show. NoMa Apartments, which was developed by Anton DevCo, is now owned by an affiliate of the property’s lender, documents filed on … Read more