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News Breaks
October 7, 2009
08:11 EDTAHT
theflyonthewall.com: Ashford seeks new terms on Westin O'Hare, WSJ reports
Ashford Hospitality Trust (AHT), which owns 103 hotels, is working to revise terms of its $101M securitized mortgage on the Westin O'Hare hotel near Chicago's O'Hare International Airport, reports the Wall Street Journal. Ashford wants to avoid forfeiting that hotel to the special servicer overseeing the mortgage and wants its mortgage payments lowered. Reference Link :theflyonthewall.com



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