ON AIR NOW
Horse Power for an Hour
3:00pm - 4:00pm
Horse Power for an Hour
Contact Me
 
Infinite Menus, Copyright 2006, OpenCube Inc. All Rights Reserved.
Regional News

Shilo Inns to Close Some Hotels


A California bank has sued Shilo Inns and owner Mark Hemstreet, saying he and three of his Inns defaulted on loans of $5-million. The hotels are in Seaside, Newberg and at the Rose Garden in Portland. The federal court suit says Mark Hemstreet also missed interest payments on a $5 million line of credit. The Oregonian reports that California Bank & Trust asks for a receiver to take possession of the properties. Shilo currently lists 43 locations in 10 western states.

 

 

Share

LinkedUpRadio Envisionwise Web Services