Posts Tagged ‘Bizz Journal’
Oakland Marriott City Center hotel defaults on $100 million loan
By Alex Barreira – Staff Reporter, San Francisco Business Times | Feb 12, 2025 Updated Feb 12, 2025 4:27pm PST Oakland’s largest hotel, the 500-room Oakland Marriott City Center, has defaulted on a $100 million loan according to public records. The hotel’s debt troubles arrive as the latest sign of serious distress and plunging values of Oakland hospitality…
Read MoreYay, downtown Sacramento gets a Kimpton Hotel. What’s a Kimpton?
It’s big news in the hotel industry that downtown Sacramento is getting a boutique property with the Kimpton Hotels brand. But outside of the hotel industry, few folks know the name. There are no hotels called Kimpton. The San Francisco-based chain operates its boutique hotels under mostly unique local names. In San Francisco, those include…
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