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Hotel Portfolio Heads Toward Possible Liquidation, Columbia Gets Last-Chance Loan Extension, CMBS Outlook Shines Brighter

A Weekly Look at the Commercial Mortgage-Backed Securities Business
A ground leasehold on Courtyard Alexandria Pentagon South in Alexandria, Virginia, is part of a 22-hotel portfolio that could be sold. (Jesse Snyder/CoStar)
A ground leasehold on Courtyard Alexandria Pentagon South in Alexandria, Virginia, is part of a 22-hotel portfolio that could be sold. (Jesse Snyder/CoStar)

Hotel Portfolio Heads Toward Possible Liquidation: The loan special servicer and appointed receiver on interests in a portfolio of 22 U.S. hotels are beginning disposition efforts that could include foreclosure.

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