Stalking horse bidder to buy planned Fort Lauderdale Beach hotel
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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