December 27: Sacramento Hotel Lawsuit Puts Point West Project at Risk
UK investors are watching the Sacramento hotel lawsuit tied to the Point West hotel after an alleged settlement breach revived the case. On 27 December, focus shifted to execution risk that could hit timelines and financing. The update, reported on 26 December by the Sacramento Business Journal source, flags uncertainty for contractors, room supply, and local tax income. While the dispute is in California, UK portfolios exposed to US lodging, construction services, or municipal revenue themes should reassess risk, cash flow timing, and covenant headroom in coming weeks.
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