开发商违约,冒着公开拍卖和负担得起的住房目标的风险,San Jose高楼在开发商违约后面临取消赎回权的威胁。
A San Jose high-rise faces foreclosure after developer defaulted on a loan, risking public auction and affordable housing goals.
据市政府官员称,在开发商未能偿还贷款后,San Jose的一座高楼住宅楼正面临取消赎回权并可能拍卖。
A high-rise residential building in San Jose is facing foreclosure and potential auction after the developer failed to repay a loan, according to city officials.
该地产是较大住房项目的一部分,与贷款违约造成的财政困难有关。
The property, part of a larger housing project, has been tied to financial difficulties stemming from the loan default.
出贷人已提起法律诉讼,要求收回资产,这可能导致公开销售。
The lender has initiated legal action to reclaim the asset, which could lead to a public sale.
其结果可能会影响该城市正在进行的经济适用住房努力中的住房供应情况。
The outcome may impact housing availability in the city’s ongoing affordable housing efforts.