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Ventana DBS

1 story · First covered Jul 8, 2026 · Latest 1h ago
Competes with Tutor Perini
Ventana DBS Coverage
$217M in Judgments. The Hotel Still Can't Fully Open. That's the Story.

$217M in Judgments. The Hotel Still Can't Fully Open. That's the Story.

A Philadelphia contractor now owes $217 million in combined court judgments for a 755-room W and Element project that opened three years late and still has inoperable windows five years after opening. For anyone financing a ground-up hotel development, the per-key math on what went wrong here is instructive.