Why a $5 million difference has frozen the Grand Hyatt deal

By , Daily Memphian Updated: November 02, 2022 7:48 PM CT | Published: November 02, 2022 6:59 PM CT

Chance Carlise of Carlisle Corp. said there’s a $5 million funding gap that is the result of the city delaying closing the deal.


Grand Hyatt Carlisle Corp.
Neil Strebig

Neil Strebig

Neil Strebig is a chef turned journalist covering economic development and commercial real estate for The Daily Memphian. He grew up in Pennsylvania and has worked at media outlets including the York Daily Record/USA Today Network and most recently as Report for America Corps Member with Lookout Santa Cruz. He is a graduate of Point Park University in Pittsburgh.


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