Lehman Seizes Canyon Ranch Miami
From South Florida Business Journal:
Bankrupt Lender Takes Control of 336 Units in Residential and Hotel Condo Project
In a $301.2 million deal, affiliates of Lehman Bros. Holdings took control of the remaining 336 units in the Canyon Ranch residential and hotel condominium in Miami Beach. Kimberly MacLeod, a spokeswoman for New York-based Lehman Bros., which is undergoing bankruptcy court restructuring, said the Canyon Ranch units were acquired as deeds in lieu of foreclosure. Click here for full story.
Want to use this article? Click here for options!
© 2012 Penton Media Inc.
Acceptable Use Policy blog comments powered by Disqus
Most Recent
Career Center
| Enter Keyword(s):
Enter a City: Select a State: Select a Category:  |
|
