Bay Area Hotels Sold at Fire Sale Prices | San Jose News

Two Newark, California hotels—Courtyard and Residence Inn—sold for a combined $20 million, slashing prices by 50% and 66% respectively from their estimated values, as a Southern California firm scoops up distressed properties amid ongoing Bay Area hotel market struggles. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/e3f782310fc53beb