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Embassy Suites Arcadia in Debt $93 Million
Arcadia Weekly May 09, 2011
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Embassy Suites in Arcadia faces imminent foreclosure- Photo by Terry Miller
Embassy Suites Arcadia Owes Over $93 Million, Foreclosure Imminent
By Michelle R. Brown
The Embassy Suites Arcadia and surrounding land may be sold in a trustee sale (No. 10-25709) on Friday, May 27, if the owner does not pay off an estimated $93,885,314.84 owed on the property. The legal notice for the sale, which was published in Arcadia Weekly on April 28th, states that if action is not taken to protect the property, the hotel and all of its contents will be sold at public auction.
The hotel, which is located on Huntington Drive in Arcadia, is one of 196 Embassy Suites Hotels worldwide. When approached by our reporters, P.R. Director Gail Bustillos of the Embassy Suites stated that she had no comment, and that it was “news to me.” She also asked us not to call back on behalf of the general manager, who refused to answer calls.
Embassy Suites Arcadia was built in 1984, and became an Embassy Suites in 2003. They have a total of 190 guest suites, and are owned by Windsor Capital franchise, which operates under Hilton operating standards but not owned directly by Hilton Worldwide. The corporate offices of Windsor Capital did not return our request for comment prior to press time.
