Credit crunch impeding S.D. firm's effort to buy iconic La Valencia Hotel (San Diego Union-Tribune)
Story date: 2008-05-16 03:13:38
Added on: 2008-05-16 03:23:20
La Valencia, the historic La Jolla hotel known as the Pink Lady, could end up being left at the altar by its current suitor. The credit crunch has made it difficult for American Property Management Corp., a San Diego hotel owner and operator that has an agreement to buy the 115-room hotel, to finance the deal.
Read more...
Related Stories:
-
Microsoft's 'Surface' Makes Waves At Local Hotel (NBC 7/39 San Diego)
A San Diego hotel is the first on the West Coast to feature Microsoft's latest touch-screen computer. Watch Raw Demo | View...
2008-02-20 08:46:18 -
A land bank for foreclosed properties? (San Diego Union-Tribune)
Eddie Price of Valencia Park has learned that you don't have to default on your mortgage to feel the impact of home...
2008-02-17 04:37:15 -
Financing for hotel construction here lacking, but maybe not for long (San Diego Daily Transcript via Yahoo! News)
For those trying to build, buy, sell or refinance a hotel these days, it's ugly out there, but they may be...
2008-11-06 07:57:15 -
Mortgage Credit Crunch? | By Michael Sullivan (Hospitality Net)
Introduction: Over the summer, much discussion has arisen over the so-called credit crunch, and what effects it may have on the hospitality...
2007-10-11 04:23:42 -
Only Metal Stairs, Concrete Elevator Shaft Left After Sanford Hotel Fire (WFTV 9 Orlando)
Monday night, massive flames consumed a hotel under construction in Sanford. The State Fire Marshal was on the way to the Value...
2008-02-12 03:55:12 -
Secret Service: Sisters Targeted Hotel Guests (Local 6 Orlando)
Authorities are searching for two sisters accused of stealing credit card numbers from dozens of hotel customers on Orlando's popular International Drive....
2008-02-11 02:26:34 -
Commercial real estate: Allegria Hotel is clue to Garden City Hotel plans (Newsday)
The big news in the hospitality industry last week was the report that Allen Rosenberg, a Woodmere-based developer and landlord, is in...
2008-01-22 04:03:31 -
CO Leak Forces Hotel Evacuation (R News)
Quite a wake up call Saturday morning for some guests at a hotel in Brockport. The Holiday Inn Express hotel had to...
2008-09-13 08:37:13