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Su-Mei Yen couldn’t dig herself out of distress at her big South Loop hotel development in time to avoid her lender’s wrath, according to a recent lawsuit. San Francisco-based lender ACORE Capital ...

Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. Six months after announcing plans to renovate the former W ...

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Another Loop hotel has slipped into distress, with fallout that could ripple into one of the city’s largest office-to-residential conversions. CWCapital Asset Management is moving to seize the 429-key ...

The North Side is home to many of Chicago's popular tourist attractions, including The Magnificent Mile, as well as many of ...

The world's first Virgin Hotels property is changing hands, with an investment firm known for turning residential and hospitality properties into timeshares taking the plunge on the Loop asset. An ...

Pyramid Global Hospitality and Tribute Portfolio, part of Marriott Bonvoy’s global portfolio of more than 30 extraordinary hotel brands, announced the opening of THE MIDLAND HOTEL, Chicago, a Tribute ...

The owner of two South Loop hotels is facing a nearly $188M foreclosure lawsuit over allegedly failing to make debt repayments on the properties. Acore alleges SB Yen defaulted on a nearly $147M ...

Hotel restaurants are often a trap, mediocre establishments serving overpriced food to business travelers with expense accounts and tourists who don’t know any better. However, while many survive by ...