Foreclosed San Jose hotel may go up for sale after major sports events

SAN JOSE — Signia by Hilton San Jose, which was foreclosed due to a failed real estate loan, could be back on the sales block as soon as 2026, after next year’s major sporting events in the region conclude. In May, an affiliate of BrightSpire Capital foreclosed on a delinquent $134 million loan for the 541-room hotel at 170 South Market St. in downtown San Jose. BrightSpire took ownership of the tower through a proceeding that placed an $80 million value on the property. The foreclosure was completed after two...