New Property Manager for 411-Room The Westin Chicago North Shore
September 3, 2013 5:25pm
Hotel-Online and BuildCentral Have Updated 215 Hotels in the Last Two Weeks with Changes in Personnel, Property Management or Ownership
Chicago, IL. September 3, 2013 - Hotel-Online and BuildCentral have reported 215 changes in personnel, property management and ownership in the Hotel Profiles database over the last two weeks.
Many hotels are getting a fresh start with a new Owner, Property Manager or General Manager. Recommend your product or service to someone who might be looking for a change.
Hotels Under New Management:
Hotels With New General Managers:
Hotels Under New Ownership:
Hotel Profiles is in an online database of over 30,000 operating hotels with accurate and complete information on each property. Each profile includes:
All of this data is available through an advanced search engine that allows you to identify and analyze hotel properties in your market. Search options include changes in hotel personnel, management, or ownership.
For more information, visit http://hotels.buildcentral.com/projects/hotelprofile_info.asp.
The Westin Chicago North Shore
601 North Milwaukee Avenue
Wheeling, IL 60090
Brand: Starwood Hotels & Resorts Worldwide Inc.
Meeting Room: 35000 sq. ft.- 20 meeting rooms and 4 ballrooms
Property Manager/ Owner:
The Procaccianti Group (TPG Companies)
1140 Reservoir Avenue
Cranston , RI 02920
4100 Regent Street Suite G
Columbus , OH 43215
News & Notes:
August 22, 2013 (Management Change)
As of August 2013, TPG has been selected to manage the property.
August 22, 2013 (Personal Change)
As of August 2013, Tim Ohrn has been hired as the general manager of the property.
June 5, 2013 (Ownership Change)
As of June 2013, RockBridge Capital, in partnership with TPG Companies, has acquired the property for $60 million.
July 11, 2011 (Ownership Change)
As of July 2011, lenders have taken ownership of the property, but are expected to sell it soon.
June 23, 2010 (General/Other)
A foreclosure lawsuit was filed in May 2010. Marathon Funds of New York missed its January loan payment and owes $86.6 million including interest and fees. Harp Group Inc. built the Westin Chicago North Shore but cashed out most of its stake when Marathon bought into the project in 2007.
Contact: Jon Kane
312-223-8599 or toll free 866-316-5300
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