The 3-year old Wingate by Wyndham San Jose has a new owner and will transition to a new flag.
An investment group bought the 115-room property in South San Jose from owner Arcadia Development on Aug. 18 for $21 million, or $182,609 per key. The investment group is registered at the same address as Rhode Island hotel real estate investment firm Magna Hospitality.
A liquor license application for the hotel — filed this week by an entity also sharing Magna's headquarters address — indicates…
