SAN JOSE A foreclosure auction has cleared the way for a South Korea-based group to take ownership of a San Jose site where a hotel with hundreds of rooms has been approved yet never built.The hotel development property was bought for $27.6 million by the owner of the foreclosed loan, a group operating out of South Korea, after a brief public auction that was held in downtown San Jose on April 26.
#people #coronavirus #development #entertainment #south-korea #coronavirus-outbreak #global-economy #foreclosure
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