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Downtown STL hotel owner faces potential default

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The owner of the Hyatt Regency St. Louis at the Arch is facing a potential default, the St. Louis Business Journal reports.

Loan servicer reports show a looming deadline for $93 million in debt secured by the 910-room hotel. A refinancing deal is reportedly being sought.

The hotel ownership is tied to Newport Beach, California-based Clearview Capital.

Read more from the St. Louis Business Journal.

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