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The CMBS trust that holds a defaulted $204 million mortgage against a portfolio of 22 limited-service hotels with 2,883 rooms scattered among nine states will soon take title to the properties. The hotels are owned by affiliates of the Shidler Group.
The post Deeds-In-Lieu of Foreclosure Seen for $204Mln CMBS Loan Against Hotel Portfolio appeared first on Commercial Real Estate Direct.
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