Section of massive East Bay development topples into loan delinquency
Briefly

from www.mercurynews.com2 months ago
A section of a massive East Bay development that would create a new mixed-use neighborhood has flopped into a loan default, raising questions about the project's future...
www.mercurynews.comhttps://www.mercurynews.com/2024/02/26/east-bay-san-leandro-home-build-hotel-store-loan-real-estate-economy/
In an extra complication, the city of San Leandro is the lender. In December 2022, San Leandro provided the loan to Cal-Coast Development...
www.mercurynews.comhttps://www.mercurynews.com/2024/02/26/east-bay-san-leandro-home-build-hotel-store-loan-real-estate-economy/
Read at www.mercurynews.com
#monarch-bay-shoreline-development #san-leandro #loan-default #mixed-use-development #city-of-san-leandro
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