McPier predicts financing bind over hotel expansion

This is a discussion on McPier predicts financing bind over hotel expansion within the Windy City News forums, part of the Windy City Forums category; Tue, 06 Nov 2007 18:00:00 EST - (Crain's) -- Without state legislation to increase its borrowing power, the Metropolitan Pier ...

		Windy City Chat - All about Chicago, the Windy City! > Windy City Forums > Windy City News
McPier predicts financing bind over hotel expansion

Click here to register

LinkBack

Thread Tools

Display Modes

#1 (permalink)

November 7th, 2007

Crain's Chicago Business Crain's Chicago Business is offline

Senior Member

Join Date: Sep 2007

Posts: 17,416

McPier predicts financing bind over hotel expansion

Tue, 06 Nov 2007 18:00:00 EST - (Crain's) -- Without state legislation to increase its borrowing power, the Metropolitan Pier and Exposition Authority would be forced to use most of the profit from a 600-room expansion of its hotel to cover the project's debt costs.

The authority, which manages McCormick Place and Navy Pier, ...

Click here to read article..

Share
- Share this post on
- Digg
- Del.icio.us
- Technorati
- Twitter
- Spurl this Post!
- Reddit!
- Wong this Post!

Tags

bind, expansion, financing, hotel, mcpier, predicts

« Now: Ryan reports to prison | Daley nixes idea to shave property tax hike »

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Posting Rules
You may not post new threads You may not post replies You may not post attachments You may not edit your posts BB code is On Smilies are On [IMG] code is On HTML code is On Trackbacks are On Pingbacks are On Refbacks are On Forum Rules

All times are GMT -5. The time now is 03:55 AM.

McPier predicts financing bind over hotel expansion

McPier predicts financing bind over hotel expansion

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)