Jan
17

Renaissance Mayflower Hotel, Washington, D.C. in Default

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Among the 95 new loans in special servicing is the Renaissance Mayflower Hotel – a $217 million hotel property located in Washington, D.C., that transferred to special servicing on Nov. 6, 2009, for imminent default after the borrower indicated it would no longer be able to cover debt service.

Source and full article at: Mortgage Orb

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