RIVERWALK HOTEL FACES INSURANCE SETTLEMENT DISPUTE

Photo by Michael Lewis II Roberts Riverwalk Hotel could end up sold to new owners to repay creditors — if a judge rules in their favor — or its legal owner, Roberts Hotels Detroit LLC, a Missouri entity registered to Roberts, could file for bankruptcy, experts said.

Developed nearly 30 years ago as the River Place Inn as part of the 25-acre Stroh River Place project, the Roberts Hotel sits on land formerly owned by Parke-Davis & Co., the Former Detroit-based pharmaceutical company.

View full article >