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Massive Columbia Sussex Loan On Verge of Default

Jun 24, 2010 8:31 AM

From Reuters:
$539-Million Note on 14 Hotels Heads to Special Servicer
A $539 million loan on 14 hotels owned by family-run lodging company Columbia Sussex Corp was transferred to the care of a special servicer, Fitch Ratings said on Wednesday, citing imminent default. Click here for the full story.

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