(Crain's) — A trio of north suburban hotels are mired in loan trouble, including a 237-room Embassy Suites in Deerfield that's being handed back to its lender.
All three hotels — the Embassy Suites, a 161-room Springhill Suites in Lincolnshire and a 115-room Holiday Inn Express in Riverwoods — have missed loan payments and weren't generating enough cash flow last year to cover their debt service, according to loan reports by Bloomberg L.P.
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