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Aloft Cupertino

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FinanceHospitalityINDUSTRY news

Aloft Cupertino Secures $34MM Bridge Loan for Hotel Recapitalization

Shashi Group has secured $34 million in bridge financing to recapitalize a Marriott-branded hotel property strategically located near Apple’s corporate facilities in Silicon...

Aerial view of Main Street Cupertino residential and commercial neighborhood in San Francisco Bay Area, California
AECHospitalityINDUSTRY news

De Anza Hotel Project in Cupertino Withdrawn Amid Ongoing Hospitality Challenges

The long-planned De Anza Hotel project in Cupertino has officially been withdrawn, as persistent economic pressures and a sluggish hospitality sector continue to...

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FinanceHospitalityINDUSTRY news

Shashi Group’s 123-Room Aloft Cupertino Hotel Falls into Default on +$30MM Loan

By The Registry Staff A Cupertino hotel that entered into special servicing last year has fallen into loan default, highlighting the ongoing struggles...

Interior of a hotel hallway
FinanceHospitalityINDUSTRY news

Aloft Cupertino Hotel Fails to Meet $30MM Loan Deadline, Enters Special Servicing

The Aloft Cupertino, a 123-room hotel located at 10165 North De Anza Boulevard blocks from Apple’s former headquarters in Cupertino, has gone into...

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