📊 Topic

Hotel receivership

2 stories · First covered Mar 3, 2026 · Latest 1d ago
Related: Marriott International 1 Franchise Fees 1 Deferred maintenance 1 Renaissance 1 Sheraton 1 Portland Marriott Waterfront 1 Portland hotel market 1 Convention hotel economics 1 Hotel occupancy rates 1 Hotel debt and refinancing 1 Renaissance Baltimore 1 Torchlight Investors 1
Hotel receivership Coverage
Baltimore's 622-Key Renaissance Sold for $48K Per Key. It Traded at $252K in 2005.
Transactions
1d ago

Baltimore's 622-Key Renaissance Sold for $48K Per Key. It Traded at $252K in 2005.

A foreclosure auction that lasted 47 seconds just repriced one of Baltimore's largest hotels at $30 million, with the lender as the only bidder. The per-key math tells a two-decade story of value destruction that every owner carrying post-2019 debt should study carefully.

JC
Jordan Chen 2 min read · 1d ago
Portland Marriott Waterfront Sold at $59,500 Per Key. Let That Number Sink In.
Transactions
Mar 3

Portland Marriott Waterfront Sold at $59,500 Per Key. Let That Number Sink In.

A 506-room downtown Marriott just traded at a 63% discount to its 2013 purchase price, with occupancy barely clearing 23%. The per-key price tells a story about Portland, about convention hotels, and about what happens when debt and reality stop agreeing.

JC
Jordan Chen 3 min read · Mar 3