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Upscale Silicon Valley hotel topples into loan default

MENLO PARK — An upscale hotel next to downtown Menlo Park has toppled into default on its mortgage, fresh evidence of the challenges facing the embattled lodging sector in the Bay Area.

Park James, a small boutique hotel in Menlo Park, has been threatened with seizure by its lender because the loan payments for the property are delinquent, according to documents filed in San Mateo County.

The hotel has 61 rooms, was constructed in 2017, and opened in 2018 by its developer and principal owner, a Bay Area group, according to county and state business records.

Park James appeals primarily

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