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Troubled Hotel Properties On Shaky Ground As Debt Matures

By Joyce Hanson ( May 24, 2023, 7:30 PM EDT) -- Distressed hotel properties that were already in a weak financial position before the COVID-19 pandemic hit now face bankruptcies, foreclosures and out-of-court restructurings as their loans come due in a tough debt market, according to hospitality and real estate lawyers who say they're fielding an onslaught of calls for help from worried clients....

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