Cerberus Capital Management LP and Chatham Lodging Trust terminated their agreement to buy 64 hotels from Innkeepers USA Trust for $1.1 billion, citing a possible adverse change in the business.
Posts
Hotel Developers Remain Bullish in Downtown San Antonio
16 minutes ago
2 comments:
yow, the servicer is being asked for 1.6 million in legal fees on top of the 40+ they've already advanced.
Sounds like it might be back in play with Five Mile Capital according to BarCap's report earlier today.
Post a Comment