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San Jose office building lands in default, faces foreclosure seizure

Published Fri, 01 Nov 2024 20:26:01 GMT

SAN JOSE — A big San Jose office and research building has toppled into a default on its real estate loan in a reminder the Bay Area commercial property markets face plenty of post-coronavirus financial challenges.The property’s lender claims that the loan for the building, which is located at 5729 Fontanoso Way in south San Jose, has become delinquent and is threatening to foreclose on the mortgage and seize the property, according to documents filed on July 18 with the Santa Clara County Recorder’s Office.In May 2022, Saratoga-based Atlas Capital Investments paid $27.4 million to buy the building, which totals 78,200 square feet and occupies a 4.7-acre site.At the time of the transaction, Atlas Capital obtained a loan of $18.4 million from Evergreen Advantage to finance the purchase. Now, that loan is in default, the county documents state.At one point, the south San Jose building had been leased to Khloris Biosciences, whose motto “a world without cancer&#...

Former Northern California minister charged with murder in 1975 slaying of 8-year-old girl

Published Fri, 01 Nov 2024 20:26:01 GMT

BY RON TODT | Associated PressPHILADELPHIA  — A former Fairfield minister has been charged with murder in the slaying of an 8-year-old girl whose remains were found in southeastern Pennsylvania almost a half-century ago.David Zandstra, 83, of the Atlanta suburb of Marietta is charged with criminal homicide, first–, second- and third-degree murder, kidnapping of a minor and a related count in the 1975 death of Gretchen Harrington in Delaware County.District Attorney Jack Stollsteimer told reporters Monday in the Delaware County seat of Media that the defendant was “a monster” and “every parent’s worst nightmare.”“This is a man who is a remorseless child predator who acted as if he was a friend, a neighbor and a man of God, and he killed this poor little girl,” Stollsteimer said.Having killed a child who knew and trusted him, he then “acted as if he was their family friend, not only during her burial and the period after that but for years,” the district attorney said.Gretchen H...

Detached house sells in Alameda for $1.9 million

Published Fri, 01 Nov 2024 20:26:01 GMT

1256 Sherman Street – Google Street ViewA spacious historic house located in the 1200 block of Sherman Street in Alameda has new owners. The 2,408-square-foot property, built in 1915, was sold on June 6, 2023, for $1,912,500, or $794 per square foot. This two-story home provides a generous living space with its four bedrooms and three baths. Inside, a fireplace enhances the ambiance of the living area. Additionally, the home features a one-car garage, offering a designated parking space and extra storage capacity. Situated on a spacious 5,500-square-foot lot, the property offers ample outdoor space.Additional houses have recently been purchased nearby:In May 2023, a 2,580-square-foot home on Clinton Avenue in Alameda sold for $2,200,000, a price per square foot of $853. The home has 4 bedrooms and 3 bathrooms.A 1,901-square-foot home on the 1200 block of Saint Charles Street in Alameda sold in April 2023, for $1,950,000, a price per square foot of $1,026. The home has 4 bedrooms and...

Earthquakes add forward Akinola on loan from Toronto

Published Fri, 01 Nov 2024 20:26:01 GMT

The Earthquakes fortified their roster Tuesday by adding forward Ayo Akinola for the stretch run of the season.Akinola, 23, arrives from Toronto FC via loan for the rest of the season in exchange for a 2023 international player roster slot. The Quakes will have the option to buy the rest of Akinola’s contract — which runs through 2024 — after the season.The deal appears to be a move aimed at solidifying a playoff spot for the Quakes, who currently sit in sixth place in the Western Conference with 32 points. The Leagues Cup competition began Sunday with a 2-0 loss to Portland, and they play Liga MX’s Tigres on Sunday in the group stage. They resume MLS season play Aug. 20 against Vancouver.Akinola is a “dynamic attacker with the strength, pace and finishing ability to impact any match,” Earthquakes GM Chris Leitch said in the team’s statement announcing the move.The forward has appeared in 14 games in 2023, starting four games, and has taken ...

If not Shohei, then who? 10 non-Ohtani trade targets that could upgrade SF Giants’ roster

Published Fri, 01 Nov 2024 20:26:01 GMT

Will they or won’t they?It’s the question that will dominate baseball for the next week leading up to next Tuesday’s 3 p.m. PT trade deadline.If the Angels are willing to trade Shohei Ohtani, the Giants should exhaust every organizational resource available to make that deal happen. He’s doing things the game has never seen before, instantly adds an ace and a middle-of-the-order bat to any contender and, with international television rights and advertising, is a cash cow.For those reasons, Ohtani likely isn’t going anywhere.The Angels’ postseason odds are slim (13.6% per FanGraphs), but they are still closer to playoff position this late into the season than any time since they signed Ohtani.That means the Giants will likely have to wait until this offseason, when 30 teams will commence in the free-agent pursuit of a lifetime, expected to end in the richest contract ever signed by an athlete in any of North America’s four major pro sports le...

Man, four minors arrested after San Jose home invasion, attempted homicide

Published Fri, 01 Nov 2024 20:26:01 GMT

(KRON) -- A man and four minors were arrested after a home invasion that left a victim with a gunshot wound, the San Jose Police Department said. One-alarm fire sparks at Pier 28 along the Embarcadero The home invasion happened on June 11. Police were called to a home invasion and attempted homicide on the 100 block of Bendorf Drive. A victim at the home was shot during the crime; they were taken to a local hospital and later stabilized. Robbery Unit Detectives with SJPD identified 20-year-old Evan Haley and four minors as suspects in the robbery. The detectives obtained search warrants for each of their residences. Inside their homes, police found five handguns including one ghost gun and four unregistered firearms. Extended magazines, drum magazines and hundreds of rounds of ammunition were also found in the searches. Police located Haley on July 18 in Santa Clara, and he was arrested and booked into Santa Clara County Main Jail for charges of home invasion and attempted homici...

43-year-old man goes missing in Monterey

Published Fri, 01 Nov 2024 20:26:01 GMT

(KRON) -- Several agencies are searching for a missing man in Monterey on Tuesday, the Monterey Police Department said. One-alarm fire sparks along the Embarcadero near Pier 28 Salvatore Lucido, 43, of Monterey walked away from his home on David Avenue. Lucido suffers from seizures, police said. MPD is collaborating with the Monterey County Sheriff's Office, Pacific Grove Police Department, CalFire, Monterey Community Emergency Response Team and Pebble Beach employees in the search. Close Thanks for signing up! Watch for us in your inbox. Subscribe Now KRON4 Breaking News SIGN UP NOW Drones from various agencies have also been sent out to assist in the search. Anyone who has seen Lucido is asked to call 831-646-3914.

Two arrested for Marin County smash-and-grab vehicle robbery, following investigation

Published Fri, 01 Nov 2024 20:26:01 GMT

(KRON) -- Two robbery suspects who attempted a smash-and-grab on a vehicle stopped at a traffic light were arrested following a three-month investigation, the Marin County Sheriff's Office said Tuesday.Marin County deputies responded to the initial incident on April 20 at around 8:30 a.m. They were dispatched to the intersection of Sir Francis Drake Boulevard and La Cuesta Drive in Greenbrae on an armed robbery report. Suspect who stole $2K of merchandise from Cupertino Target arrested The victim, police said, was sitting in their vehicle at the red light when their rear window was shattered. The victim was shocked to see a suspect at the rear window, taking their belongings through the broken window. Reacting quickly, the victim reversed the vehicle into the suspect.The suspect sustained injuries but managed to get into a get-away vehicle and flee. Deputies launched a three-month investigation that involved serving several search warrants. Neighboring agencies including the Berke...

Man rescued near McCovey Cove after falling into SF Bay

Published Fri, 01 Nov 2024 20:26:01 GMT

SAN FRANCISCO (KRON) -- A man who fell into the water near McCovey Cove Tuesday morning was successfully rescued, according to the San Francisco Fire Department. The man was in the water clinging to a pier, according to SFFD.Rescue units were dispatched shortly after 6 a.m. and situation was resolved by 7 a.m. Carjacking reported in area right before car flew off Sanchez Street Stairs in SF The man reportedly looked over the rail and fell into the water, where he remained for about 10 minutes. He was located in the cove near Lefty O'Doul Bridge. Two SFFD units were assisted by the San Francisco Police Department in the resuce.The man, who has not been identified, was evaluated and transported to the hospital for observation. He will be OK, firefighters said.

Belgian media say a jury has found 6 people guilty of terrorist murder for extremist attacks in Brussels in 2016

Published Fri, 01 Nov 2024 20:26:01 GMT

BRUSSELS (AP) — Belgian media say a jury has found 6 people guilty of terrorist murder for extremist attacks in Brussels in 2016.Source