Upscale boutique San Diego hotel files for bankruptcy

06/29/2010 | San Diego Union-Tribune

5th Avenue Partners, owner of San Diego's high-end Sè San Diego boutique hotel, has filed for bankruptcy in an effort to prevent lenders from putting the hotel into receivership. The 184-room downtown hotel has struggled since opening just as the market started to crash in 2008, and with cost overruns and construction delays, the hotel opened a year behind schedule.

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