Lorenzo Hotel
project
1 mention across 1 event
1 eventLast active Tracked since $5.7M city spending
Topics
housing (1)
development (1)
Roles
mentioned (1)
Related Entities
View network map
Loading network map…
Activity Timeline
June 2026
Items For Individual Consideration
The City is asked to accept or reject an offer from TEOF Hotel LP to pay $5,707,000 (plus accrued interest and legal fees) upon the sale of the Lorenzo Hotel at 1011 South Akard Street in exchange for a release of the City's lien on the property, with no net cost to the City.
…rued interest) and the City’s legal fees upon the sale and title closing of the Lorenzo Hotel (“Property”) located at 1011 South Akard Street, owned by Borrower, in exchange…
$5.7M