Pimco Fund Walks Away From 20 Hotels With $240 Million of Debt

Pimco Fund Walks Away From 20 Hotels With $240 Million of Debt

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A joint venture tied to a Pacific Investment Management Co. fund surrendered a portfolio of 20 hotels with a $240 million mortgage. • None Will Xi Jinping’s Gamble on Vladimir Putin Pay Off? • None Putin Arrives in China to Meet Xi on Rare International Trip • None Israel Latest: Blinken Works on…

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