Westin Tempe Hotel Faces Foreclosure Sale

Article originally posted on Phoenix Business Journal on February 1, 2024

The Westin Tempe faces a potential foreclosure sale after failing to make its loan payments.

The lender for the 290-room hotel near Seventh Street and Mill Avenue in downtown Tempe filed a notice of trustee sale earlier this week, according Maricopa County records. Such notices inform borrowers and property owners they are facing a potential foreclosure and auction sale.

The notice said that the 18-story hotel, which opened in 2021, will be auctioned off to the highest bidder on April 24 at the Arizona Superior Court building in downtown Phoenix.

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