A private lender that’s owed $26.6 million from the owner of the shuttered Red Lion Hotel in Hartford has officially taken control of the property, according to court records.
On Feb. 10, DW Commercial Finance an affiliate of New York-based investment manager DW Partners, which acquired the 50 Morgan St. property through foreclosure in 2019 filed a certificate with Hartford City Hall signifying the conclusion of a foreclosure lawsuit initiated back in Aug. 2019.