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BrightSpire Capital Seizes Ownership of San Jose's Largest Hotel Amid Ongoing Hospitality Woes
The largest hotel in San Jose has been acquired by its lender, BrightSpire Capital, following a foreclosure sale. This event marks an end to the extended efforts made by the Bay Area&based owner to retain the property. The hospitality market in the region continues to struggle due to the impact of the COVID&19 pandemic.
The largest hotel in San Jose has been acquired by its lender, BrightSpire Capital, following a foreclosure sale. This event marks an end to the extended efforts made by the Bay Area&based owner to retain the property. The hospitality market in the region continues to struggle due to the impact of the COVID&19 pandemic.
