A venture managed by Wheeling-based investor Marsha Forsythe acquired the 285-key property at 1301 North State Parkway.
Lodging brand started by restaurateur Sam Fox in Arizona would operate within mixed-use development planned by Shapack, CRG.
High-net worth investors recently struck a deal to pay $30.5 million for the historic Ambassador Chicago hotel.
2025 /PRNewswire/ -- The Chicago Hotel Collection, a rapidly growing portfolio of independent boutique hotels, proudly announces the acquisition of the Ambassador Chicago, an iconic property in ...