Washington D.C.Aug 6, 2024Former Trump D.C. hotel’s leasing rights lost to foreclosureCGI Merchant Group defaults on $285M loan after two years
South FloridaApr 17, 2024MCR proposes pair of hotels on Hilton Miami Airport Blue Lagoon siteExisting 508-room building will remain
San FranciscoApr 5, 2024Two distressed Bay Area Hiltons may be looking for loan extensionsRather than handing back the keys, hoteliers hunt for a workout
South FloridaAug 31, 2023Related, BH win approval for 350-unit condo tower and 500-room hotel in HollywoodBoth developments will be across the street from the 1000-room Diplomat Beach Resort
South FloridaJul 13, 2023Brookfield scores $136M refi for Hilton Fort Lauderdale Marina Toronto-based global asset manager secured two-year, floating-rate interest only loan for 595-room property
NationalMay 23, 2023Hilton, Marriott enter extended-stay marketNew brands to ride segment’s rise and reposition hundreds of hotels
Tri-StateMar 28, 2023265-room Connecticut hotel up for auctionStarting bid for DoubleTree by Hilton Hotel Norwalk is $4M
San FranciscoMar 24, 2023Oakland investor files for bankruptcy on Berkeley apartment complexGolden Village Apartments had $47M worth of loans on the property
New YorkMar 23, 2023Waldorf Astoria condo conversion could be “lucky” for 2025 openingHilton projects 2024 completion for beleaguered development
ChicagoJun 17, 2022Related exits top floors of Chicago Hilton seized in distressAnother $15M deal marks end to conversion of 122 hotel rooms into 78 timeshare units
New YorkJun 6, 2022Hilton Times Square sold for measly $85M in recovery betApollo Global, hospitality investor plan fall reopening of long-suffering hotel
ChicagoJun 1, 2022Hotel in Chicago’s Loop scores $80M loan just before maturity of previous watchlisted debtLenders still willing to take chances on downtown lodging as recovery continues
AustinMay 20, 2022Mohr enters hotel market with Austin purchaseDallas firm buys Austin Hilton, plans $11M renovation
ChicagoApr 11, 2022Hilton in Chicago’s Loop scores landmark tax incentiveChicago & North Western Railway’s 14-story office building was built in 1905
ChicagoFeb 24, 2022Mag Mile hotel owners break up with Hilton while facing foreclosureMore than a year ago, ownership served complaint alleging default on $70M loan
New YorkJan 7, 2022Midtown DoubleTree sells at staggering lossHawkins Way Capital paid RLJ Lodging Trust $146M
South FloridaNov 8, 2021Okan Tower is back: Developer relaunches sales of downtown Miami towerHilton-branded hotel and condo tower will also have Class A office space
Los AngelesMay 26, 2021Hilton estate sold to former Google CEO for $62MEric Schmidt's purchase is 2nd priciest deal to close this year in California
NationalNov 13, 202080% of NYC hotels backing CMBS loans show signs of distressOccupancy rates have improved since April, but only reflect establishments still open
New YorkNov 12, 2020New York City hotels put strain on $3.1B in CMBS loans45% of loans have been transferred to special servicing