Rafi Golberstein, CEO, founded PACE Loan Group (PLG) in 2017, providing direct C-PACE financing to commercial real estate property owners. Nontraditional hospitality is seeing growing traveler ...
A landmark decision by the Alabama Supreme Court has clarified how receivers managing distressed hotel loans must handle pre-default debts, strengthening the position of secured lenders in the United ...
SAN JOSE — The owner of a big San Jose hotel has crafted a plan to land a crucial round of financing for the lodging tower — even as the current lender threatens to foreclose on a delinquent loan for ...
Sotherly Hotels defaulted on its $49.2 million loan on a Hollywood resort near the ocean. The debt on the 10-story DoubleTree Resort by Hilton Hollywood Beach with 311 keys, at 4000 South Ocean Drive, ...
SAN JOSE — The Signia by Hilton has won a weeks-long reprieve from the threat of a foreclosure on its delinquent loan, a delay that gives the prominent San Jose hotel’s owner breathing room to seek ...
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