Owners of Westin Cleveland Downtown, already mired in FBI probe, face mortgage foreclosure lawsuit

CLEVELAND, Ohio – The owners of the Westin Cleveland Downtown – currently mired in an FBI investigation into whether they helped launder money through the purchase of real estate in the U.S. – are now facing a foreclosure lawsuit for the hotel.



a group of people standing in front of a building: The Westin Cleveland Downtown, seen here in a file photo.


© Plain Dealer file photo/cleveland.com/TNS
The Westin Cleveland Downtown, seen here in a file photo.

Optima 777 owes $35 million in the unpaid principal of a mortgage for the 484-room St. Clair Avenue hotel, as well as nearly $500,000 in interest and a $1.4 million late fee, according to a lawsuit filed Friday in Cuyahoga County Common Pleas Court. The company obtained the loans from Cleveland International Fund of Cleveland Heights, a firm that connects foreign investors seeking residency in the U.S. with real estate development opportunities.

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Cleveland International Fund CEO Stephen Strnisha said in an interview Monday that Optima 777, which owns 95 percent of

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