{"id":345145,"date":"2026-06-03T18:23:09","date_gmt":"2026-06-03T18:23:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/345145\/"},"modified":"2026-06-03T18:23:09","modified_gmt":"2026-06-03T18:23:09","slug":"busy-real-estate-investment-group-scoops-up-another-south-bay-hotel-2","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/345145\/","title":{"rendered":"Busy real estate investment group scoops up another South Bay hotel"},"content":{"rendered":"

SAN JOSE \u2014 A Southern California real estate group has added to its collection of hospitality hubs in the South Bay with its purchase of a San Jose hotel.<\/p>\n

The Super 8 by Wyndham hotel at 2050 N. First St. in north San Jose has been bought for $8 million, according to documents filed on June 2 with the Santa Clara County Recorder\u2019s Office.<\/p>\n

Kalthia Group Hotels<\/a>, acting through an affiliate, bought the 88-room Super 8, the county real estate records show.<\/p>\n

The hotel occupies a prominent spot on a busy street next to a light rail line.<\/p>\n

San Diego-based Kalthia Group, a hotel investment and management firm,<\/a> has been active in recent months with purchases of hotels in the South Bay.<\/p>\n

In December 2025, Kalthia Group paid $16 million for the 114-room Sonesta ES Suites San Jose Airport hotel at 1602 Crane Court in north San Jose.<\/p>\n

A day later, also in December, Kalthia paid $15 million for a 138-room Sonesta ES Suites<\/a> hotel at 900 Hamlin Court in Sunnyvale.<\/p>\n

Earlier in 2025, Kalthia floated a preliminary proposal to convert the rooms at the Sonesta Suites ES hotel in San Jose into housing. The status of this proposal wasn\u2019t immediately clear.<\/p>\n

These deals have occurred at a time when plunging values, loan defaults and even foreclosures<\/a> haunt the Bay Area hotel market.<\/p>\n

\u00a0<\/p>\n

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