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Realberry

📍 Denver

1 story · First covered Jun 3, 2026 · Latest Jun 3

Owns Hyatt Centric

Realberry Coverage

Two Downtown Austin Hotels Hit the Courthouse Steps. The Convention Center Isn't Coming Back Until 2029.

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Jun 3

Two Downtown Austin Hotels Hit the Courthouse Steps. The Convention Center Isn't Coming Back Until 2029.

A 246-key Hyatt Centric appraised at $56M against an $85M loan and a 428-key lifestyle hotel carrying $172M in JP Morgan debt both faced foreclosure Tuesday in Austin. When your city demolishes the demand generator that justifies your basis, the math doesn't wait for the rebuild.

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Mike Storm 2 min read · Jun 3