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Lars Larson
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Regional News


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.

 

 

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Traffic & Weather

 

 

 

King Solomon Lane closed between Ferguson Road and King David. (7/25)

 

Jones Road closed between Butler Market Road and Bennington Lane. (8/18)

 

Round-About Construction:

 

Murphy Road and Parrell Road closed with detours. (9/30)

 

Powell Butte Highway at Neff and Alfalfa Market Roads (8/31)

 
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