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San Diego Boutique Files Chapter 11

Jun 29, 2010 7:29 AM

From SignOnSanDiego.com:
Se San Diego Struggled Since 2008 Opening
Burdened by crushing debt, the owner of the high-end boutique hotel Sè San Diego has filed for Chapter 11 bankruptcy protection. The move by 5th Avenue Partners, which owns and operates the 184-room hotel, was designed to prevent the hotel’s main lender WestLB AB Bank from appointing a receiver Monday to take over the company’s assets. Click here for the full story.

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