A hotel about a half-mile away from LAX’s entrance was placed in receivership, according to court documents dated late May. The court appointed GF Hotels and Resorts’ Jeff Kolessar as the receiver... Read more »
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 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 »
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 »