A landmark San Jose hotel that was foreclosed due to a failed real estate loan could be back on the sales block in 2026.

May 12—SAN JOSE — Signia by Hilton San Jose, the South Bay city's largest hotel, was seized by its lender in a foreclosure that priced the tower at a fraction of its value, a sign that lodging ...

The 541-room Signia by Hilton is San Jose's largest hotel. "Two new lenders are very eager to take over financing of the hotel," Hirbod stated in papers filed with the Santa Clara County court.

Hirbod’s ownership group bought the former 805-room Fairmont San Jose in 2018 for $223.5 million, then sank $75 million more in upgrades.

The Signia by Hilton San Jose, an iconic hotel tower in the trendy SoFA district, has found a lender that’s willing to provide a $145 million loan to refinance the current mortgage on the ...

The tower that remains a hotel has long been a prominent destination in San Jose and the broader Silicon Valley market. It operated at a Fairmont Hotel for a number of years before Hilton took it ...

The twisting legal, financial and economic troubles surrounding Signia by Hilton San Jose began in March 2021 when the Hirbod-led ownership group filed for bankruptcy and closed the hotel for a year.