#bay-area-hospitality

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#hotel-foreclosures #real-estate-decline #covid-19-impact #boutique-hotels #hotel-foreclosure #loan-default
LA real estate
fromwww.mercurynews.com
1 week ago

Bay Area hotel is bought through foreclosure of failed property loan

Bay Area boutique hotels purchased through foreclosure reveal ongoing hospitality sector weakness, with property values declining significantly since 2019 despite desirable locations.
East Bay real estate
fromwww.mercurynews.com
4 months ago

East Bay hotel is foreclosed in sign of region's ailing lodging market

State Bank of Texas seized Hyatt Place Newark after a borrower default, signaling falling hotel values and rising foreclosures across the Bay Area hospitality market.
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