Home Commercial Silicon Valley Mixed-Use Portfolio Owned by Zappettini Faces $120M Loan Default
CommercialFinanceINDUSTRY news

Silicon Valley Mixed-Use Portfolio Owned by Zappettini Faces $120M Loan Default

Share
Palo Alto Stanford
Image by Sundry Photography via iStock
Share

A $120 million loan backing a portfolio of office, light industrial, and research and development buildings in Silicon Valley entered maturity default in June, raising concerns about the ongoing stability of the region’s commercial real estate market. According to Morningstar, the Zappettini portfolio loan, secured by ten Mountain View properties, encountered maturity default last month. […]

Thank you for your interest in The Registry. If you'd like to read further, you must Subscribe or Log In below to read the rest of this content.

Share

Partner Content

2026 Northern California CRE Rising Stars

NorCal rising stars 2026

Partner Content


Recent Posts

Related Articles

Sutter Health Drops 325-Bed Emeryville Hospital Plan Over CEQA Risk, Pivots to Outpatient Campus

Sutter Health has dropped plans for a 330-foot hospital tower at the...

AI Firms Have Leased 10MM SQFT in Silicon Valley and the Peninsula Since 2020 as South Bay AI Demand Jumps 67%

Artificial intelligence companies have leased about 10.0 million square feet across Silicon...

Sobrato Set to Break Ground in November on 427,000 SQFT Fremont Advanced Manufacturing Campus, City Official Says

The Sobrato Organization will start construction next month on a three-building advanced...

San Joaquin County Pension Sets $180MM Real Estate Budget for 2027, Targets Retail Shortfall

The San Joaquin County Employees' Retirement Association plans to commit $180 million...