A venture managed by Wheeling-based investor Marsha Forsythe acquired the 285-key property at 1301 North State Parkway.

High-net worth investors recently struck a deal to pay $30.5 million for the historic Ambassador Chicago hotel.

Plus, haggling over troubled debts and negotiating new ones remains front and center for CRE and other Chicagoland real ...

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 ...

(MENAFN- PR Newswire) With nearly a century of history, Ambassador Chicago has hosted hollywood legends, cultural icons, and world travelers. Under new ownership, the hotel will honor its storied ...