Bidder makes initial offer for troubled Westin Cleveland Downtown hotel crainscleveland.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crainscleveland.com Daily Mail and Mail on Sunday newspapers.
Posted By Sam Allard on Wed, Mar 10, 2021 at 10:17 AM click to enlarge IMG 2485 by jeffpyle is licensed under CC BY-NC-ND 2.0 Three of the Optima Ventures current and former properties: Crowne Plaza Hotel, AECOM Building, One Cleveland Center Optima 777, one of an array of LLCs grouped under the Optima companies controlled and financed by Ukrainian billionaires, could lose one of its two remaining properties in Cleveland. The Westin Cleveland Downtown hotel, which Optima purchased when it was still a Crowne Plaza in 2011, and which opened in 2014 after a $74 million renovation, could close as early as next week if a judge does not step in to appoint a third party to manage it.
Westin Cleveland Downtown hotel is on the verge of closing, lender says in receivership petition crainscleveland.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crainscleveland.com Daily Mail and Mail on Sunday newspapers.