Hotel Management Network on MSN
Pebblebrook sells Westin Michigan Avenue Chicago hotel for $72M
"Pebblebrook sells Westin Michigan Avenue Chicago hotel for $72m" was originally created and published by Hotel Management ...
Draper and Kramer, Incorporated announced that Mark Perkowski, senior vice president with Draper and Kramer’s Commercial Finance Group, arranged a $54 million loan on behalf of Vinayaka Hospitality ...
Zacks Investment Research on MSN
Pebblebrook disposes of Westin Michigan to strengthen its financials
Pebblebrook Hotel Trust PEB recently announced the disposition of the Westin Michigan Avenue Chicago in Chicago, IL, for $72 million. The property comprising 752 room units was sold to a third party.
One of Chicago’s biggest hotels is trading hands in a deal that sheds light on the city’s hospitality rebound and the deep discounts still shaping it. Suburban investor and IT executive Ketu Amin is ...
Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. After selling a Magnificent Mile retail property and ...
For the trailing twelve months ended September 30, 2025, the hotel generated earnings before interest, taxes, depreciation, and amortization ("EBITDA") of $4.6 million and net ope ...
A municipal bond-financed hotel project in the Chicago suburbs is back in the market with a deal to restructure debt issued to exit a bankruptcy restructuring seven years ago. The Westin Chicago ...
Local technology executive and real estate investor Ketu Amin has added to his collection of suburban hotels, buying a full-service Westin in Wheeling for 34% less than it sold for over a decade ago.
"Who needs coffee when you're about to go off the edge of a hotel, 12 stories up?", Matt Rodrigues, strapped into climbing safety gear, said Wednesday morning, from the top of Westin Chicago Northwest ...
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