Chateau Group Defaults on $2.1MM Loan for Le Meridien Pasadena Arcadia Hotel

Chateau Group is facing a default on $2,085,346 in debt associated with its 233-key Le Meridien Pasadena Arcadia hotel, located at 130 West Huntington Drive in Arcadia, California. According to public documents reviewed by The Registry, the default notice, filed on October 9, highlights the challenges the Arcadia-based developer is encountering despite an overall positive […]