A luxury hotel located in the heart of downtown San Antonio is facing foreclosure, according to recent public records.
Details on the Property
The property in question, the Wyndham San Antonio River Walk, is scheduled for a foreclosure auction next month. The hotel, situated at 111 E. Pecan St., has 410 rooms and is a prominent feature along the city’s River Walk area.
Foreclosure Auction Scheduled
According to a foreclosure notice filed with Bexar County, the hotel is set to be auctioned on July 2 at the Bexar County Courthouse. The notice lists Wilmington Trust as the lender and identifies the outstanding debt as $75 million.
Background on the Hotel
The Wyndham San Antonio River Walk has been a notable presence in downtown San Antonio, offering amenities such as a rooftop pool, meeting spaces, and direct access to the River Walk. The hotel has changed ownership multiple times in recent years and underwent renovations in 2016.
Current Status and Future Prospects
Representatives for the hotel and Wilmington Trust have not responded to requests for comment regarding the foreclosure proceedings. It remains unclear what impact the foreclosure may have on hotel operations or future ownership.
Additional Information
Further details about the scheduled auction and the property can be found at this link.
