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 Business12d
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 ...
Mena FN3d
The Chicago Hotel Collection Acquires Iconic Ambassador Chicago, Eyes Revival Of Legendary Restaurant Space
With its elegant architecture and storied past, the hotel remains one of Chicago's most beloved icons. “We are honored to bring the Ambassador Chicago into our growing family of boutique hotels ...
abc2712d
The Chicago Hotel Collection Acquires Iconic Ambassador Chicago, Introducing an Exclusive Guest Benefits Package
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 legacy while ...
The Victoria Advocate13d
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 ...