Chicago Business

Investors put up $35M to recapitalize landmark hotel

Investors put up M to recapitalize landmark hotel

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Monday, July 01, 2024
226 W. Jackson Blvd.

Investors put up $35 million to recapitalize landmark hotel near Willis Tower

Saving the developers of the Canopy by Hilton/Hilton Garden Inn in the Loop from foreclosure, a pair of new partners are betting that brighter days are ahead for the city's hotel market.

 
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