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Club Quarters

Club Quarters foreclosure clouds Loop office-to-resi plan
Chicago
Aug 21, 2025

Club Quarters foreclosure clouds Loop office-to-resi plan

CWCapital put in a credit bid to take over troubled hotel in Clark Adams building amid Primera Group’s planned $184M apartment conversion on floors above
Club Quarters hotels at 111 West Adams Street in Chicago, 424 Clay Street in San Francisco, 161 Devonshire Street in Boston and 1628 Chestnut Street in Philadelphia with JLL’s Kevin Davis and Barnett Wu
San Francisco
Aug 2, 2023

Masterworks grabs discounted stake in Blackstone’s Club Quarters hotel debt

Lodging chain’s affiliate acquired mezzanine position for less than balance of $61M loan
Blackstone Seeks to Surrender Club Quarters Hotel in SF
San Francisco
Oct 26, 2023

Blackstone seeks to surrender Club Quarters hotel in San Francisco

Investor defaulted on $274M loan tied to CQs in Chicago, Philadelphia, Boston and SF

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