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Distress Checks In – GlobeSt.com, April 2009

04/02/2009

2009-04/02/2009-Distress Checks In – GlobeSt.com, April 2009

By Maria Wood

Schaumburg, IL - In 2008, locally based Hostmark Hospitality Group oversaw seven lodging properties that were involved in a foreclosure, receivership or bankruptcy. The company's executive vice president of development, Jerome F. Cataldo, says that while such assignments had previously been slow to materialize, he expects the pace to pick up as 2009 progresses...

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