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SCOTTSDALE, AZ-Less than three months after its grand opening, the W Scottsdale hotel will be headed into foreclosure at an April 15 trustee sale. Local publication Business Real Estate Weekly reports that Scott Klundt of Phoenix law firm Quarles & Brady LLP is trustee for the pending foreclosure, while HSH Nordbank HG of Germany has the property’s $73 million mortgage.

The 224-room luxury hotel at 7277 E. Camelback Rd. was developed by TriYar Hospitality in Los Angeles. The hotel had its “soft” opening in early September and a grand opening in late October, some 14 months after the original planned opening. BREW reports that TriYar is tangled up with lawsuits and liens with the general contractor, Hunt Construction Group in Scottsdale.

Starwood Hotels & Resorts Worldwide Inc. of White Plains, NY is the manager and operator. An impact on operations is not anticipated as a result of the trustee’s sale. Read more about the story here.

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