The leasehold interest in the property was slated to be sold to the highest bidder on Thursday after the hotel’s lenders defaulted on a loan with an outstanding balance of $252.7 million.
Waldorf Astoria in D.C. pulled from auction block
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D.C.’s Waldorf Astoria slated for foreclosure sale, again
The hotel was spared from the auction block in June but is again slated to be sold.