San Jose hotel may head for sales block after mega sports events end

SAN JOSE — A lender hopes to sell a big San Jose hotel in 2026 that it had seized through a foreclosure, but the financial firm first wants to harvest the benefits of visits to the region arising from this year’s big-time sports events.

The Signia by Hilton hotel in downtown San Jose may head to the sales block in the coming months, BrightSpire Capital told Wall Street analysts during a conference call to discuss the company’s fourth-quarter financial results.

“We really want to sell that asset,” BrightSpire chief executive officer Michael Mazzei told analysts during a Feb. 18 conference call, referring to the Signia hotel tower at 170 South Market St. in San Jose…

Story continues

TRENDING NOW

LATEST LOCAL NEWS