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$23.6MM DoubleTree Suites Loan Near Seattle Airport Lands in Special Servicing as CMBS Maturity Wall Crashes Hotels

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Photo by Marten Bjork on Unsplash
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The 219-suite DoubleTree Suites Seattle Airport-Southcenter was transferred to special servicing on May 26, the latest 2016-vintage hotel mortgage to fail a refinancing window despite a recovering Seattle lodging market. A $23.6 million commercial mortgage backed by the 219-suite DoubleTree Suites by Hilton Seattle Airport-Southcenter in Tukwila was transferred to special servicing on May 26, […]

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