Cerberus Capital Management and Highgate missed two months of payments on a $415 million loan for 30 Courtyard by Marriott hotels, another sign of spreading trouble in commercial real estate.

Cerberus Capital Management and Highgate missed two months of payments on a $415 million loan for 30 Courtyard by Marriott hotels, another sign of spreading trouble in commercial real estate.

Cerberus Capital Management and Highgate have missed two mortgage payments on a $415M loan associated with 30 Courtyard by Marriott properties, Bloomberg reports, citing a servicer report.. One ...

Highgate’s Hawaii growth trajectory began in 2011 with the Courtyard by Marriott Waikiki Beach. Highgate then purchased the Pacific Beach Hotel, The Ambassador (now the Romer Waikiki at The ...