Marriott hotel by LAX in receivership post-$45M default
A Residence Inn by Marriott near LAX has entered receivership after its owner, Seaview, defaulted on a loan, prompting special servicer Rialto and lender Cantor to seek court-appointed oversight. The $45 million loan default highlights ongoing financing pressures in Los Angeles hospitality. For local entrepreneurs, it signals tighter credit conditions and heightened risk in airport-adjacent hotel investments.
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Summary written by Entrepreneurs Of Los Angeles. The original reporting belongs to The Real Deal; we do not republish the article.