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San Jose hotel owner gets more time to land new financing for tower

Summary by The Mercury News
SAN JOSE — A big San Jose hotel has won a weeks-long reprieve from the threat of a foreclosure on its delinquent loan, a delay that gives the lodging tower’s owner breathing room to seek replacement financing. The Signia by Hilton, a hotel tower at 170 South Market Street in downtown San Jose, faces a possible foreclosure, a menacing prospect that has prompted the lodging property’s owner to seek court rulings to ward off or slow down the real e…

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Family Business United broke the news in on Monday, March 24, 2025.
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