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Columbia Sussex Company News

Tue, 01 Nov 2016 10:54:48 GMT
UNITE HERE Draws Attention to Continuing Debt Woes at Columbia Sussex Corporation; Five Loans in Trouble  -  Yahoo Sports
UNITE HERE released a report today for prospective lenders who might consider refinancing the debt of the Columbia Sussex Corporation-owned Hilton Anchorage Hotel, which matures in March 2017. The report provides lenders with information on current ...
Wed, 26 Oct 2016 12:57:55 GMT
Columbia Sussex Corp. Buys Phoenix Marriott Tempe at the Buttes Hotel  -  REBusinessOnline
PHOENIX — Columbia Sussex Corp. has acquired the 353-room Phoenix Marriott Tempe at the Buttes hotel for an undisclosed sum. The recently renovated hotel is located at 2000 W. Westcourt Way. The property contains four dining facilities and 40,000 ...
Mon, 24 Oct 2016 20:49:42 GMT

Owners of Boulders Resort purchase Marriott Tempe at the Buttes  -  Phoenix Business Journal
Kentucky-based Columbia Sussex Corporation, which also has holdings in the Boulders Resort in Carefree and the Phoenix Airport Marriott, bought the 2.7-acre property from an undisclosed seller at an undisclosed amount. The Phoenix Tempe Marriott at ...
Wed, 19 Oct 2016 13:45:01 GMT
Square Mile Originates $70M Loan for Denver Hyatt Regency  -  Hotel Business (press release)
The loan was made to Columbia Sussex Corporation, an investment firm that acquired the asset from JMI Realty. At closing, Square Mile brought Natixis in to acquire the $52.5-million senior mortgage component of the debt. The 12-story, full-service ...
Tue, 18 Oct 2016 16:30:26 GMT
Columbia Sussex Corp. Receives $70M Loan for Hyatt Regency Denver Tech Center  -  REBusinessOnline
DENVER — Columbia Sussex Corp. has received a $70 million loan to finance the 451-room Hyatt Regency Denver Tech Center. The hotel is located at 7800 E. Tufts Ave. in the Technological Center submarket of Southeast Denver. The area is home to ...
Fri, 30 Sep 2016 01:10:21 GMT
Objectors Say Icahn Only Winner In $2M Tropicana Move  -  Law360 (subscription)
Wimar Tahoe Corp. and Columbia Sussex Corp., controlled by former Tropicana owner William J. Yung III, said in a motion filed Wednesday to U.S. Bankruptcy Judge Kevin Carey in Delaware that the adversary proceeding and Lightsway Litigation Trust no ...
Tue, 27 Sep 2016 11:47:33 GMT

Denver Tech Center hotel fetches nearly $100M  -  BusinessDen
Columbia-based Columbia Sussex Corp. bought the DTC's Hyatt Regency hotel for $96 million, Denver city records show. The 451-unit hotel sold for about $212,860 per door. The hotel sits on 4.5 acres at 7800 E. Tufts Ave. In addition to 451 rooms and ...
Tue, 06 Sep 2016 22:00:46 GMT

Now that Its Theirs, Kenton County Leaders Discuss Options for Bavarian Building  -  The River City News
Commissioner Jon Draud wasn't so sure, noting letters from preservationists and a party held in the county's honor last week by Covington City Solicitor Frank Warnock - whose office battled Columbia Sussex tooth and nail to save the iconic building ...
Tue, 26 Jul 2016 10:50:40 GMT
As Columbia Sussex's Hilton Anchorage Debt Nears Maturity UNITE HERE Draws Attention to Hotel Conditions for ...  -  Business Wire (press release)
NEW YORK--(BUSINESS WIRE)--UNITE HERE released its second report today for prospective lenders who might consider refinancing the debt of the Columbia Sussex Corporation (CSC)-owned Hilton Anchorage Hotel, which matures in March 2017.
Tue, 12 Jul 2016 23:16:04 GMT

Independence Mayor Objects to County's Purchase of Bavarian Building  -  The River City News
Columbia Sussex had approached the City of Covington for permission to raze the structure, arguing that the site is more marketable to developers without the building. The city's urban design review board, the city commission, and a Kenton County ...