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Ashford was among companies criticized by the administration for taking PPP funds.
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The mortgage on one of New York City’s most expensive hotels could go up for sale in a foreclosure auction in two weeks.
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Investors are optimistic about the long-term future of distressed assets in the hospitality sector such as hotels.
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Hotel rooms closed by the pandemic have a possible new life as apartments.
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Cities from Missouri to Indiana to Georgia are fighting the proliferation of extended-stay motels. But that fight may have consequences.
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Leisure travel is starting to return to Houston, but full recovery could take years.
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A number of downtown properties are now delinquent on their property taxes, and many are hotels and suburban malls.
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With a reopening ahead, is the worst behind LA hotels?
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Mack’s alternative lending platform, Mack Real Estate Credit Strategies, provided an $85M loan to the owner back in 2018.
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Lowe and an institutional investor have purchased three hotels in The Woodlands from The Howard Hughes Corp.
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