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FinanceHospitalityINDUSTRY news
Blackstone’s 346-Room Club Quarters Hotel in San Francisco Could Be Surrendered to Lender
By Kate Snyder A hotel in San Francisco could soon be surrendered back to the lender. A $274 million commercial mortgage-backed securities loan...
FinanceHospitalityINDUSTRY news
Lenders on $725MM Loan File Lawsuit Against Park Hotels & Resorts to Put San Francisco Hotels into Receivership
By Kate Snyder More San Francisco properties are the subject of legal proceedings. The lenders for a $725 million mortgage on two of...
HospitalityINDUSTRY news
San Francisco’s Only New Hotel of 2023, The Jay, Hopes to Revive City’s Floundering Hospitality Market
By The Registry Staff San Francisco, a city known for its iconic landmarks and bustling financial district, is about to welcome its only...
CommercialFinanceHospitalityINDUSTRY newsNews Releases
Park Hotels & Resorts Announces Cessation of Payment on $725MM Non-Recourse CMBS Loan Secured By Two of Its San Francisco Hotels
TYSONS, Va., June 05, 2023 — Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE:PK) today announced that, starting in June, it...
