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Pimco fund walks away from 20 hotels carrying $240 million in debt

The portfolio, valued at $326 million when the debt was originated in 2017, was cut 16% to $272.8 million in a December appraisal.

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Pimco Fund Walks Away From 20 Hotels With $240 Million of Debt

Pimco Fund Walks Away From 20 Hotels With $240 Million of Debt
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

United statesSan franciscoSan antonioSteven angelBloomberg businessweekPark hotels resorts incBrookfield asset management ltdAshford hospitality trust incPacific investment management coPimco commercial real estate debt fundBlackstone incPennsylvania public school employee retirement systemPacific investment managementBrookfield asset managementFulcrum hospitalityHospitality trust

Pimco Fund Walks Away From 20 Hotels With $240 Million of Debt

Pimco Fund Walks Away From 20 Hotels With $240 Million of Debt
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

San franciscoUnited statesSan antonioSteven angelPimco commercial real estate debt fundPark hotels resorts incPennsylvania public school employee retirement systemAshford hospitality trust incPacific investment management coBrookfield asset management ltdBlackstone incPacific investment managementBrookfield asset managementFulcrum hospitalityHospitality trustPark hotels

Radical Innovation Competition, Produced by The Hardy Group Announces the 2023 Finalists – Vote Now

Radical Innovation, conceptualized in 2006 by The Hardy Group, is an annual award competition that has been shifting the norm in the global hospitality industry, by recognizing excellence in design, architecture, travel, and products. The initiative challenges creative thinkers and design visionaries at the professional and student level to pioneer compelling innovations that fuel the future of hospitality. Radical Innovation is pleased to announce that voting is officially open for the 17th annual competition.

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Kate Harth appointed Chief Sales & Marketing Officer at Cape Resorts - TravelDailyNews International

Kate Harth appointed Chief Sales & Marketing Officer at Cape Resorts - TravelDailyNews International
traveldailynews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from traveldailynews.com Daily Mail and Mail on Sunday newspapers.

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