Real estate empire crumbles as choice San Jose site faces foreclosure

SAN JOSE — A San Jose site that has suffered from blight and was never developed despite having a prime location where hundreds of housing units were proposed now faces foreclosure and an auction. The property is owned by an affiliate controlled by China-based Z&L Properties, which once owned a real estate empire consisting of … Read more

Indicted developer Mattson built Sonoma real estate empire as he was engaged in longstanding fraud, prosecutors say

Months later, Hayes drove to Sonoma County and pulled up property records, including at Sonoma City Hall. He was stunned at what he found for 230 E. Napa St. “He never put me back on the deed,” Hayes said. “I gifted $625,000 to him for nothing in return.” Even more galling, he noted that one … Read more