Three Big Banks Sue Financially Ailing Hospitality REIT To Preserve Value of Hotels

By bhhsbowen November 27, 2023 CoStar News 0 comments

The Courtyard by Marriott Silicon Valley is one of the hotels in which Ashford Hospitality Trust told investors it would hand back the keys to lenders. Now, it's one of the lodging properties at the center of at least two legal filings. (CoStar)
Morgan Stanley Bank, Barclays Bank and Bank of America Loaned Ashford Hospitality Nearly $294 Million