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Yareton’s 304-Room Marriott Tacoma Downtown Scheduled to be Sold in Auction to Pay Back $76.4MM Loan
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Yareton’s 304-Room Marriott Tacoma Downtown Scheduled to be Sold in Auction to Pay Back $76.4MM Loan
By The Registry Staff A Puget Sound region hotel is slated to be sold at auction in response to the debt owed to the project’s lenders. The Marriott Tacoma Downtown is scheduled to be sold next month for 10 a.m. Jan. 16 outside the second-floor entry plaza at the County-City Building, 930 Tacoma Ave. S. The project’s lenders include Delphi CRE Funding and ACSS Real Estate Funding. The debt totals $76.4 million. The hotel’s developer and owner is…
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