TRD Staff

Rendering of planned Tinley Park hotel (Village of Tinley Park)

Chicago

Tinley Park greenlights plans for two new hotels

Jennifer Waters

The Drake Hotel (Turner Construction, Getty)

Drake Hotel, host to royals and mobsters alike, hits market

Rachel Herzog

Chicago South Loop Hotel and hotel owner Louis Dodd

South Loop hotel owners file for bankruptcy

Starwood’s Adam Behlman; Hilton Chicago at 198 East Delaware Place (Google Maps, Linkedin, Getty)

Hilton Chicago Magnificent Mile hitting auction block

Hilton Chicago Magnificent Mile Suites and Procaccianti Companies CEO James Procaccianti (Facebook, Procaccianti)

Hilton Chicago Magnificent Mile transferred to lender amid pandemic struggles

From left: Fundamental Advisors' Laurence L. Gottlieb and Sage Hospitality Group's Walter Isenberg along with the Blackstone Hotel at 636 South Michigan Avenue (Getty, Sage Hospitality Group, Fundamental Advisors, TonyTheTiger at English Wikipedia/CC BY-SA 3.0 - via Wikimedia Commons)

Fundamental Advisors venture selling historic Blackstone Hotel

Sam Lounsberry

Suburban Chicago hoteliers take losses, cut prices for deals

Mark Beffort with the Hilton Orrington in Evanston and Westin Chicago Northwest in Itasca (Newmark, Tripadvisor)

Oklahoma investor buying two distressed suburban Chicago hotels

Marc Realty’s David Ruttenberg and 311 N. Sangamon Street in Fulton Market (Google Maps)

Marc Realty plans another big hotel in Fulton Market

Starwood’s Adam Behlman with Hilton Chicago at 198 East Delaware Place

Gold Coast hotel strikes out in foreclosure auction

Chicago Hotels

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From left: Gaw Capital's Goodwin and Kenneth Gaw with Ambassador Chicago hotel

Gaw Capital set to lose big on Ambassador Chicago hotel

The Prime Group secures permits for RIU Plaza Hotel

Sterling Bay sells hotel in Michigan Avenue tower for $74M

Condor Partners gets permits for Old Town hotel project

From left: Frontier Development's Evens Charles, Host Hotels & Resorts' James Risoleo, Sun Development & Management's Bharat Patel, and 3H Group's Hiren Desai with Chicago Marriott Suites

Host Hotels accepts markdown on suburban Chicago Marriott in $14.5M deal

E&M Strategic Development's Mark Meyer and a rendering of the planned Homewood Suites by Hilton Hotel and Conference Center at 4930 Oakton Street in downtown Skokie (E&M, Getty Images, Village of Skokie)

Chicago Hotels

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Tinley Park greenlights plans for two new hotels

Drake Hotel, host to royals and mobsters alike, hits market

South Loop hotel owners file for bankruptcy

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