The Seattle Times reported that the Four Seasons Hotel/Condo is facing $34 Million in liens filed by contractors who worked on the project.  It's not unusual for new projects with lower sales to face liens flied by their contractors who are awaiting payment.  Nevertheless, it is unfortunate such a prestigious brand like Four Seasons Private Residences is associated with liens.

 

John Oppenheimer, managing partner of project owner Seattle Hotel Group (SHG), would not address the Four Seasons' finances.

Large, complex projects such as the Four Seasons all have issues that get resolved at the end of the project," he said in an e-mail. The liens "address some of these issues and are in the process of being resolved," he added, declining further comment.

Full article here.

–Wendy