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BOSTON-SW Boston Hotel Ventures LLC, owners and operators of the Theater District’s W Hotel, are filing for Chapter 11 protection, according reports. The 235-room hotel’s developer is claiming liabilities between $100 million and $500 million.

The subsidiary of Sawyer Enterprises only recently completed the W Boston project a few months ago, and as the Boston Globe reports, the city of Boston supplied $10.5 million to finish the 28-story mixed-use tower. Reportedly, the W Boston Hotel was in trouble before it was out of the starting gate, relying too heavily on pre-sales of the condominium piece to off-set its amenity expenses. Currently, according to the Boston Globe, the 122 unit condo portion is only 10% purchased, although other reports are slightly higher.

The development cost came to roughly $243 million and the luxury brand hotel is operated by Starwood Hotels & Resorts Worldwide Inc. Room rates are listed on the W Boston Hotel’s website start around $250 per night.

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