Scott A. Klundt, Partner

Success Stories

Handling a Receiver Over and Sale of InterContinental Montelucia Resort & Spa

We obtained a receiver over, and handled the trustee’s sale of, the InterContinental Montelucia Resort & Spa in Scottsdale, Arizona, a 34-acre resort featuring 253 guest rooms, 40 suites, five pools, 27,000 square feet of meeting space, two signature restaurants, a 31,000-square-foot spa, and 12 single-family detached villas, in response to a borrower’s default on a $180 million construction loan.