Monday, May 3, 2010

W Boston Hotel developer files for bankruptcy

SW Boston Hotel Venture LLC listed both assets and debt in the $100 million to $500 million range. Bovis Lend Lease LMB Inc was named the largest unsecured creditor with a claim of about $700,000.

The sleek glass building was opened in November 2009, just as the United States was emerging from the worst downturn since the Great Depression.

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