Hotel-Owning REIT Approved For $1.3B Ch. 11 Restructuring

By Vince Sullivan (June 23, 2021, 3:27 PM EDT) -- Hospitality Investors Trust Inc. received court approval Wednesday in Delaware for its Chapter 11 restructuring plan that will rework the company's $1.3 billion in debt and provide new liquidity to help the business's 100 hotel properties survive in a post-pandemic world....

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