Report to Potential Lenders to Columbia Sussex Corporation Considering Refinancing Debt Secured by Hilton Anchorage Hotel (Columbia Sussex Corporation Asset)

Columbia Sussex Corporation (CSC), owners of the Hilton Anchorage Hotel, will likely be approaching lenders for refinancing the Hilton Anchorage’s debt which matures in March, 2017. This report provides information on past debt and regulatory issues at other CSC properties that resulted in the loss of these properties from the CSC portfolio. It also provides prospective lenders with information regarding environmental issues (mold, asbestos, and lead) at the Hilton Anchorage with a focus on developments in 2014-2015. Read the report.

In spring 2014, Hilton Anchorage management reported 48 guest rooms with either mold or the “possibility of water damage.” It reported work to fix these rooms, and that air quality was safe.

After stating repairs were completed in mid-September, Hilton Anchorage management reported in December 2014 an additional room with “an elevated mold score” that was out of service.

Learn more about what the Hilton Anchorage says it has found while addressing mold or conditions conducive to mold and how they have responded. You can also use the links on the right to report on your own experiences at the Hilton Anchorage, or contact General Manager Bill Tokman at or 907-265-7118.

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