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Blogs
June 10, 2009
Swanky St. Regis Resort Could Go on Auction Block
Monday we told you about Sunstone Hotel Investors Inc., a San Clemente-based real estate investment trust, walking away from its mortgage for the swanky, 258-room W Hotel in downtown San Diego. R. Scott Reckard and Roger Vincent over at the Los Angeles Times report today that one of Orange County's ... More >>
Blogs
June 8, 2009
Even Swanky Hotel Owners Can't Afford Their Mortgage
Sunstone Hotel Investors Inc., a San Clemente-based real estate investment trust, will default on the June mortgage payment for its swanky W Hotel San Diego property and turn over the 258-room downtown hotel to lenders, after failing to lower interest payments.The hotel has been hurt by "significant ... More >>

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