The JW Marriott Chicago hotel is going up for auction this week, a step toward the completion of one of the largest downtown commercial foreclosures since the start of the COVID-19 pandemic. The ...
CHICAGO — Wells Fargo Bank took control of the 610-room JW Marriott Chicago hotel Friday morning with a winning bid of nearly $251 million during a foreclosure auction. Orlando-based owner Estein USA ...
A downtown hotel is set to hit the auction block four months after its foreclosure. The 610-room JW Marriott Chicago hotel at 151 West Adams Street will be available for auction through a sheriff’s ...
The owner of the JW Marriott Chicago has been hit with a $231 million foreclosure lawsuit, a sign of hotel lenders running out of patience with pandemic-stung borrowers 16 months into a crisis that ...
Orlando-based owner Estein USA hadn’t made a payment on the $203 million loan tied to the property at 151 West Adams St. since last summer, according to the Illinois Foreclosure Listing Service. The ...
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