Local News

Two Springfield hotels face foreclosure after failing to pay off a $36.5 million mortgage.

The Crowne Plaza and a neighboring Holiday Inn Express missed an April 1 payment deadline.

U.S. Bank, which holds the mortgage, filed for foreclosure May 11 in Sangamon County Circuit Court.

The hotels' general manager and their management company, Rhode Island-based TPG Hospitality, did not respond to requests for comment.

The two hotels together have 428 guestrooms.

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