A distressed San Francisco hotel has lost 25 percent of its value in less than a year, according to special servicer reporting. The Club Quarters in the North Financial District was worth $160 million ...
Blackstone wants to give up its 346-room Club Quarters San Francisco hotel after defaulting three years ago on a $274 million loan. The New York-based investor is in talks with special servicer ...
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The loan also involves three other hotels in Boston, Philadelphia and San Francisco. The mezzanine loan behind the 429-room Club Quarters Chicago hotel in the Central Loop has been sold after months ...