OYO withdraws DRHP, to refile IPO post refinancing: Sources
Softbank-backed OYO is set to refile its much-awaited IPO as the global travel tech player is close to finalising its refinancing plans to raise up to USD 450 million via …
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Big San Jose housing project advances with property purchase deal
SAN JOSE — A residential development that would produce hundreds of homes near downtown San Jose has advanced with a property purchase and a financing package to construct the housing, …
Two San Jose office buildings stabilize loan as lender cancels default
SAN JOSE — A lender has canceled a loan default involving two San Jose office buildings, a welcome reversal that enables the owners of the buildings to stabilize their financing …
Big San Jose office building is seized by lender as market wobbles
SAN JOSE — A big San Jose office building has been seized by its lender through a foreclosure that serves up fresh evidence the Bay Area commercial real estate sector …
gold financing: 100% sure new RBI guideline on gold financing is not going to impact our volumes: Muthoot Finance
George Alexander Muthoot, MD, Muthoot Finance, says “the RBI instruction is an universal one, applicable to all NBFCs. The Reserve Bank is clarifying that more than Rs 20,000 should not …
San Jose office buildings flop into default in weak real estate market
SAN JOSE — Two small San Jose office buildings perched on a prominent site have toppled into a loan delinquency — but the property owner is attempting to find a …
Bay Area housing complex lands key loan despite sour real estate scene
MILLBRAE — A big transit-oriented development has landed a crucial loan that will buoy the financial fortunes of a residential complex next to a BART station, the project’s developer said. …
Big San Jose apartment project lands key piece of real estate funding
SAN JOSE — A big San Jose apartment project that could sprout in downtown San Jose has landed interim funding while the site’s developer scouts for financing to construct the …
Foreclosed San Jose site once pitched as hotel lands Bay Area buyer
SAN JOSE — Bay Area real estate investors have bought a San Jose site that toppled into foreclosure due to a delinquent loan — but the property’s future wasn’t immediately …
Owner of San Jose office building headed for foreclosure goes bankrupt
SAN JOSE — The owner of a big San Jose office building whose loan has toppled into delinquency and default has filed for bankruptcy, potentially a last-ditch quest to ward …