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#loan-default

Brooklyn Tower Developer Defaults on Loan, Building Could be Auctioned

The Brooklyn Tower, Brooklyn's tallest skyscraper, faces uncertainty due to developer default on loan repayments.

Chetrit Organization faces foreclosure at two downtown properties

Chetrit Organization facing foreclosure due to loan defaults on two downtown properties.

Alexander brothers claim Side manufactured loan default

The Alexander brothers claim Side caused a loan default by dissociating their real estate licenses, leading to a dispute over terms and communication.

Loan default for big Oakland office complex may trigger foreclosure

A large office complex in Oakland, The Landing, has defaulted on its mortgage, indicating ongoing economic challenges in the Bay Area office market due to the coronavirus pandemic.
The building was 82% leased at the time of its acquisition in 2019, but a combination of lockdowns and remote work has kept employees away from their offices.

Section of massive East Bay development topples into loan delinquency

Loan default raises uncertainty for Monarch Bay Shoreline development in San Leandro
City of San Leandro faces risk as the lender for the project

Two San Jose office buildings stabilize loan as lender cancels default

A lender canceled a loan default on two San Jose office buildings, allowing owners to secure fresh funding and seek small business loans for long-term financing.

Brooklyn Tower Developer Defaults on Loan, Building Could be Auctioned

The Brooklyn Tower, Brooklyn's tallest skyscraper, faces uncertainty due to developer default on loan repayments.

Chetrit Organization faces foreclosure at two downtown properties

Chetrit Organization facing foreclosure due to loan defaults on two downtown properties.

Alexander brothers claim Side manufactured loan default

The Alexander brothers claim Side caused a loan default by dissociating their real estate licenses, leading to a dispute over terms and communication.

Loan default for big Oakland office complex may trigger foreclosure

A large office complex in Oakland, The Landing, has defaulted on its mortgage, indicating ongoing economic challenges in the Bay Area office market due to the coronavirus pandemic.
The building was 82% leased at the time of its acquisition in 2019, but a combination of lockdowns and remote work has kept employees away from their offices.

Section of massive East Bay development topples into loan delinquency

Loan default raises uncertainty for Monarch Bay Shoreline development in San Leandro
City of San Leandro faces risk as the lender for the project

Two San Jose office buildings stabilize loan as lender cancels default

A lender canceled a loan default on two San Jose office buildings, allowing owners to secure fresh funding and seek small business loans for long-term financing.
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300-plus homes may replace Sunnyvale office complex that's in default

A large office campus in Sunnyvale, California, which defaulted on its loan, could be replaced by a housing development with 315 residential units.
The housing development proposal includes 252 market-rate townhouses and 63 affordable apartments for low-income residents.
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