FREE Sign upLogin
New owners of Fort Lauderdale Beach hotel project score $52M loan

New owners of Fort Lauderdale Beach hotel project score $52M loan

Magna Hospitality Group’s Robert Indeglia and the Las Olas Resort

Magna Hospitality bought the property out of bankruptcy in August

The new owners of an embattled Fort Lauderdale Beach hotel project just secured a $51.5 million loan to complete construction of the building.


https://therealdeal.com/miami/2018/11/30/new-owners-of-fort-lauderdale-beach-hotel-project-score-52m-loan/

Mentions

Litigation Cases

States

  • Florida


Securities Disclaimer

This website is for informational purposes only and does not constitute an offer or solicitation to sell shares or securities. Any such offer or solicitation will be made only by means of an investment's confidential Offering Memorandum and in accordance with the terms of all applicable securities and other laws. This website does not constitute or form part of, and should not be construed as, any offer for sale or subscription of, or any invitation to offer to buy or subscribe for, any securities, nor should it or any part of it form the basis of, or be relied on in any connection with, any contract or commitment whatsoever. EB5Projects.com LLC and its affiliates expressly disclaim any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from: (i) reliance on any information contained in the website, (ii) any error, omission or inaccuracy in any such information or (iii) any action resulting therefrom.