Blackhawk Plaza faces new foreclosure, this time from its main lender

DANVILLE — Financial woes have mounted for a high-profile East Bay dining and shopping hub next to the posh Blackhawk subdivision in Danville now that the property’s primary lender has filed two loan defaults against the property.

The owner of Blackhawk Plaza in Danville is in default on two loans totaling a combined $31 million that were provided to the property by Preferred Bank, according to documents filed on Jan. 30 with the Contra Costa County Recorder’s Office.

A dried-up water feature at Blackhawk Plaza in Danville...