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Two downtown San Jose development projects get new financing

Summary by The Mercury News
SAN JOSE — Two proposed downtown San Jose housing developments have landed new loans to help steady their finances as work on breaking ground on the projects continues. Urban Catalyst, a developer that is active downtown, obtained a total of $18.9 million in two loans from real estate lender Avatar Financial Group, documents filed on Sept. 24 with the Santa Clara County Recorder’s Office show. Gifford Place apartment complex at 470 West San Carl…

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The Mercury news broke the news in San Jose, United States on Thursday, October 2, 2025.
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