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Home Featured Santa Clara Investor Group Acquires 112-Room Hyatt Place Newark/Silicon Valley for $19.8MM
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Santa Clara Investor Group Acquires 112-Room Hyatt Place Newark/Silicon Valley for $19.8MM

May 8, 20263 Mins read657
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Photo by João Marcelo Martins on Unsplash
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Ashok Goyal's buying group acquired the 2023-built hotel at $176,300 per room — well below the $25.8 million debt the lender took back at foreclosure last fall and a 52 percent discount to the property's May 2025 appraised value. A local investor group led by Ashok Goyal has acquired the 112-room Hyatt Place Newark/Silicon Valley […]

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