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Better times at the inn: Thousand Oaks Marriotts signal hotel turnaround

By   /  Friday, May 20th, 2011  /  Top Stories, Tri-County Economy  /  Comments Off on Better times at the inn: Thousand Oaks Marriotts signal hotel turnaround

Two Marriott hotels in Thousand Oaks that faced foreclosure on a $25  million construction loan have negotiated to extend the terms of the loan and the action has been dismissed, the head of the San Luis Obispo-based firm that owns the properties said.

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Oxnard hotels snared in $163M lawsuit

By   /  Monday, December 6th, 2010  /  Real Estate  /  Comments Off on Oxnard hotels snared in $163M lawsuit

The Residence Inn by Marriott and the Courtyard by Marriott in Oxnard are both being foreclosed upon and face lawsuits asking for court appointment of a receiver to step in and take control of the properties