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Home Finance Scape’s 336-Unit Apartment Tower The Fay in San Jose Returned to Lender in Foreclosure
FinanceINDUSTRY newsResidential

Scape’s 336-Unit Apartment Tower The Fay in San Jose Returned to Lender in Foreclosure

January 29, 20261 Mins read1.3k
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Security Properties, Sacramento, Albert Einstein Residence Center, Arden-Arcade, Arborelle Apartments, Citrus Heights, Shenandoah Apartments, Eskaton Properties, Eskaton Care Center Fair Oaks, Eskaton Care Center Greenhaven, Eskaton Care Center Manzanita, Fair Oaks, Carmichael
Photo by Nao Takabayashi on Unsplash
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The 23-story SoFA district apartment building was taken back by lender Madison Capital Realty at a $110 million valuation. A downtown San Jose high-rise apartment building that city leaders once celebrated as a catalyst for urban revitalization has been foreclosed upon following a loan default, with its current valuation showing a steep decline from its […]

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