May 17, 2023
A Rialto Capital affiliate and a Marriott franchisee have agreed to pause litigation seeking $30 million over a defaulted loan for a Detroit hotel while they look for a buyer for the property, according to Tuesday filings in Michigan federal court.
May 03, 2023
The relationship between a Rialto Capital affiliate and the owner of a since-defunct hotel operator curdled further when the parties accused each other in Michigan federal court of hiding assets and weaponizing records produced under a protective order.