Two San Jose office buildings stabilize loan as lender cancels default
SAN JOSE — A lender has canceled a loan default involving two San Jose office buildings, a welcome reversal that enables the owners of the buildings to stabilize their financing with fresh funding.
The office buildings are located at 1955 and 1961 The Alameda, a prime spot next to the interchange with Interstate 880.
1955 The Alameda in San Jose, an office building that totals 15,500 square feet, interior view. (Cushman & Wakefield)Security National Life Insurance, which had...
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