SAN JOSE - A downtown San Jose building that was constructed more than a century ago to accommodate a furniture store has been bought by a veteran Bay Area real estate firm. The Lion Building at 97 South Second St., next to East San Fernando Street, has been bought for $3.7 million, according to documents filed on Sept. 4 with the Santa Clara County Recorder's Office. Green Valley Corp., which is led by real estate veteran Case Swenson, bought the building, county records show.
A house in the 1600 block of Montrose Way in San Jose has a new owner. The 1,931-square-foot unit, built in 1964, was sold on July 23, 2025 for $1,600,000 which represents a price per square foot of $829. This two-story home has three bedrooms and three baths. Inside, there is a fireplace. Additionally, the home includes a single parking spot, ensuring convenient parking for one vehicle. The property encompasses a generous 6,000 square feet of land.
An apartment project, slated to rise at the corner of West San Carlos Street and Josefa Street in downtown San Jose, has obtained a construction loan totaling $112.5 million, according to documents filed on Aug. 26 at the Santa Clara County Recorder's Office. Aquino, as the 278-unit apartment hub is known, is being developed by an affiliate of San Jose-based real estate firm Urban Catalyst. It is set to break ground on Sept. 3.