Innkeepers USA Trust, a real estate investment trust with an interest in 73 hotels across the US, filed for bankruptcy protection. The Palm Beach, Florida-based company and its affiliates in bankruptcy owe creditors more than $1bn, according to Chapter 11 documents filed today in US Bankruptcy Court in Manhattan.
Innkeepers USA seeks Chapter 11 bankruptcy protection
Most Popular Articles
Latest Articles
11 real estate events & conferences to help you thrive in 2024
Forge new connections at these in-person events and conferences that can help take your career to the next level.
-
In quest to grow reverse business, US Mortgage Corporation hires Krajewski
-
NAR wants VA to change rules that prohibit veteran buyers from paying broker commissions
-
Renters gain financial edge over homebuyers in key U.S. markets: Realtor.com
-
Reverse-centric Ibis Software appoints Sivori to board of directors
-
Clear Capital extends its partnership with Cherre