Investors snag distressed Chicago Ambassador Hotel at big discount
A venture managed by Wheeling-based investor Marsha Forsythe acquired the 285-key property at 1301 North State Parkway.
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Gold Coast's distressed Ambassador Chicago hotel finds a rescuer
High-net worth investors recently struck a deal to pay $30.5 million for the historic Ambassador Chicago hotel.
CRG, Shapack in talks with Global Ambassador for Fulton Market hotel
Lodging brand started by restaurateur Sam Fox in Arizona would operate within mixed-use development planned by Shapack, CRG.
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The Chicago Hotel Collection Acquires Iconic Ambassador Chicago, Introducing An Exclusive Guest Benefits Package
(MENAFN- PR Newswire) With nearly a century of history, Ambassador Chicago has hosted hollywood legends, cultural icons, and world travelers. Under new ownership, the hotel will honor its storied ...