Why did the Loews deal collapse? Company cites market difficulties

By , Daily Memphian Updated: February 09, 2022 7:56 AM CT | Published: February 09, 2022 4:00 AM CT

“The pandemic put challenges on the hotel market and the lending market, making the economics of our proposed transaction remarkably difficult.”


Loews Hotel Renasant Convention Center Downtown Memphis Commission Loews Subscriber Only

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Rob Moore

Rob Moore

Rob Moore is an Arkansas native who moved to Memphis to attend the University of Memphis. He holds a B.A. and an M.A. in English. He covers Public Companies, Transportation and Logistics, and Banking and Finance.


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