Foreclosure notice for 2021 construction hotel in Tempe, AZ.
It is a Westin.
Asset was built in 2021.
290 rooms.
$86.5mm construction loan (~$298K per key).
Unfortunately, I don't think this hotel is even worth the construction loan balance today.
Market hotel…
A must read: Misplaced Trust: Stolen Indigenous land is the foundation of the land-grant university system—the University of Arizona included. Climate change is its legacy.
@dailywildcat@uarizona@uarizonaenvs
grist.org/project/equity…
Phoenix in the 1970s, from debating freeways to remaking downtown. It's Your Weekend History Fix (click on the link for the essay and photo gallery):
roguecolumnist.com/rogue_columnis…
As a former Republican, the current party is unrecognizable. I knew there were elements of racism, misogyny, anti-semitism, and white supremacy within the party. What I didn’t realize is the @GOP’s platform are those things.
.@MarkLeibovich tells the definitive story of Trump’s lapdogs: Kevin McCarthy, Lindsey Graham, and all the parasitic suck-ups who humored him down to the last, exhausted strains of American democracy. theatlantic.com/ideas/archive/…
Though our signs may have changed, we still love this #ThrowbackThursday look.
Entrance marker number 24-G, on Highway 66, at the east boundary of the Coconino. The smaller sign reads "Open Range, Look Out For Cattle". Photo taken in 1939 by F. A. Baker
USDA Forest Service
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