The JW Marriott Chicago hotel is going up for auction this week, a step toward the completion of one of the largest downtown commercial foreclosures since the start of the COVID-19 pandemic. The ...

CHICAGO — Wells Fargo Bank took control of the 610-room JW Marriott Chicago hotel Friday morning with a winning bid of nearly $251 million during a foreclosure auction. Orlando-based owner ...

The 610-room JW Marriott Chicago hotel at 151 West Adams Street will be available for auction through a sheriff’s foreclosure auction on July 8, Crain’s reported. A Cook County judge issued ...

JW Marriott Chicago heads to auction block One of the biggest Loop hotels facing COVID-induced financial distress, JW Marriott is nearing the end of its trip through foreclosure.

A sole $251 million bid by Wells Fargo for the Chicago Loop’s 610-room JW Marriott wrested control from Orlanda-based investment firm Estein USA. The winning bid at a foreclosure auction on ...

Phil Ray also weighs in on the new taxing district the city is considering for beautification and public safety efforts downtown, plus the city-funded construction of an 800-room hotel that would ...