Grand Chicago Hotel in Foreclosure, a Symbol of Covid-19’s Toll on Hospitality Industry

Wall Street Journal, Sept. 22, 2020–Peter Grant (subscription)
Thor Equities, owner of the Palmer House Hilton, is in default on its $333.2 million first mortgage, court papers say.
https://www.wsj.com/articles/grand-chicago-hotel-in-foreclosure-making-it-one-of-covid-19s-biggest-victims-11600767000?mod=hp_lead_pos11