San Jose housing tower faces auction and foreclosure over failed loan

siliconvalley.com/2025/10/16/san-jose-house-economy-loan-build-home-real-estate-property-develop

SAN JOSE — A lender is heading into the final stages of its efforts to seize ownership of The Fay through a foreclosure of a delinquent construction loan totaling $182.5 million.
Documents filed with the Santa Clara County Recorder’s Office show the lender could take back the 363-unit…

This story appeared on siliconvalley.com, 2025-10-16 18:53:37.
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