$100M debt tied to Ron Burkle’s The Line LA in default

by Abigail Nehring, Christian Bautista

Lender Corten Real Estate Partners is threatening to show Ron Burkle the door at Soho House & Co.’s swanky The Line LA hotel in Koreatown, The Real Deal has learned. RECP Sydell Wilshire — a Delaware shell company tied to the billionaire investor — defaulted on a $100 million loan backed by the 384-key hotel […]This article originally appeared on The Real Deal. Click here to read the full story.

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