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Wells Fargo And PNC Look To Toss Beverly Hills Hotel Suit

Wells Fargo and a PNC Bank unit are pushing a New York federal court to toss a Beverly Hills hotel owner's suit claiming they wrongfully demanded payment of "default interest" on a $38 million loan during the COVID-19 pandemic, saying the owner knows it breached the loan agreement. ....

New York , United States , Beverly Hills , Luxe Rodeo Drive Hotel , Wells Fargo , Joyce Hanson ,

2022 Commercial Real Estate Awards: Best Hospitality Deal of the Year - Los Angeles Business Journal

2022 Commercial Real Estate Awards: Best Hospitality Deal of the Year - Los Angeles Business Journal
labusinessjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from labusinessjournal.com Daily Mail and Mail on Sunday newspapers.

Beverly Hills , Jay Luchs , Luxe Rodeo Drive Hotel , Surfrider Hotel Malibu , Rodeo Drive , Coast Hwy ,

Beverly Hills Hotel Owner Says Banks Forced Sale

A Beverly Hills hotel owner has sued two banks in New York federal court claiming they surprised it with a sudden demand to pay "default interest" on its mortgage during the COVID-19 pandemic, forcing it to permanently close the property. ....

New York , United States , Matt Sayles , Beverly Hills , Luxe Rodeo Drive Hotel , Wells Fargo Bank , Joyce Hanson ,