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fromwww.mercurynews.com
1 month ago
Silicon Valley real estate

San Jose hotel complex with hundreds of rooms flops into loan default

A San Jose hotel complex has defaulted on a $21.7 million loan, reflecting ongoing struggles in the Bay Area lodging sector post-COVID.
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US news
fromFortune
1 month ago

Summer schooling: 2 million student loan holders could have their wages garnished by the government this summer

Nearly 2 million Americans may face wage garnishment this summer due to loan defaults, increasing economic pressure amid policy shifts.
#bay-area
more#bay-area
fromThe Mercury News
1 month ago

San Jose hotel complex with hundreds of rooms flops into loan default

A big hotel complex in San Jose has staggered into a loan default, a reminder that the Bay Area lodging sector's post-coronavirus maladies are still ongoing.
Silicon Valley real estate
#real-estate
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NYC real estate
fromUpper East Side, NY Patch
2 months ago

This Upper East Side Building Is At Risk Of Foreclosure: Report

Upper East Side medical building faces foreclosure due to over a year of unpaid mortgage payments.
Owners accused of defaulting on a $9 million loan by their lenders.
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