Bayview Market Foreclosure Resolved, Site Will Be Split In Five

The foreclosure lawsuit over the Bayview Market site has been resolved, a lawyer for the property owner told the SFBJ.

According to the lawyer, the $34 million mortgage has been paid off and the suit dismissed (it still isn’t showing in court records as of March 30).

The owner is now working to subdivide the land into five parcels in order to accommodate multiple uses, he said.

The attorney says that one of those uses will be a hotel that will have a Best Western brand, which the owner has previously identified as a Vib.