Hotel del Coronado (Photo credit: Ron Artigues / eCoronado.com)
As time runs out for the owners of the Hotel del Coronado to repay more than $600 million in debt, investment giant Blackstone Group is apparently coming to the rescue, reports The Wall Street Journal.
As we recently reported, the owners last month received a one-month extension to Feb. 9 on $630 million in loans that are coming due.
Read the entire Union Tribune story here.
The Coronado Times newspaper provides in-depth coverage of Coronado, CA. Our online publication has been Coronado's trusted news source for over 20 years. Our staff is local and committed to quality coverage of our Coronado community. Learn more about our publication.
Send Us News Tips & Story Ideas:
[email protected]
© Copyright 2002-2024, The Coronado Times. All rights reserved. Crafted in Coronado, CA. Content may not be re-published online or offline without permission.
