Stalking horse bidder to buy planned Fort Lauderdale Beach hotel

Stalking horse bidder to buy planned Fort Lauderdale Beach hotel

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The incomplete Las Olas Ocean Resort on Seabreeze Boulevard in Fort Lauderdale

An auction was canceled because the affiliate of Magna Hospitality Group was the only bidder for the site

A failed Fort Lauderdale Beach hotel project is closer to being sold to a Magna Hospitality Group affiliate for $39.1 million after a previously scheduled auction in August was cancelled.


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