SAN JOSE — A San Jose office building seized through foreclosure in 2021 is in default on its loan — again — following two aborted efforts to develop housing on the building’s choice site near the city’s mega malls.
The office building is located at 826 N. Winchester Blvd. in San Jose. Since the start of the coronavirus outbreak nearly three years ago, the building has had a trio of owners and faced two foreclosure proceedings.
Investors still hunger for Silicon Valley office buildings despite current economic uncertainties, numerous property transactions show.
Even so, the delinquent loans that have plagued the property are a reminder that more than a few
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