BWE Closes 0M in Loans on Two NYC Marriott Properties

BWE Closes $120M in Loans on Two NYC Marriott Properties

BWE has closed two loans totaling $120,000,000 to refinance the Residence Inn Times Square and the Courtyard by Marriott Long Island City, two major hotels in New York City. Steve Perricone, SVP... Read more »
XLD Group’s 0M Loan for LAX Marriott Hotel Watchlisted

XLD Group’s $130M Loan for LAX Marriott Hotel Watchlisted

XLD Group has hit a snag on a $130 million loan linked to the Los Angeles Airport Marriott hotel next to LAX. The loan to the Pasadena-based unit of Sichuan Xinglida Group... Read more »
Marriott International to Acquire Sheraton Grand Chicago for 0M

Marriott International to Acquire Sheraton Grand Chicago for $500M

New York-based Tishman Realty has exercised its option to sell the 1,218-room Sheraton Grand Chicago to Marriott International for $500 million. The deal will have Marriott parting with $300 million for the... Read more »