Investors snag distressed Chicago Ambassador Hotel at big discount
A venture managed by Wheeling-based investor Marsha Forsythe acquired the 285-key property at 1301 North State Parkway.
Crain's Chicago Business7d
Gold Coast's distressed Ambassador Chicago hotel finds a rescuer
High-net worth investors recently struck a deal to pay $30.5 million for the historic Ambassador Chicago hotel.
Big hotel proposals take shape in The Windy City
Plus, haggling over troubled debts and negotiating new ones remains front and center for CRE and other Chicagoland real ...
Morningstar7d
The Chicago Hotel Collection Acquires Iconic Ambassador Chicago, Introducing an Exclusive Guest Benefits Package
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 ...