New Owner to Restore Lincoln Marriott
From The Omaha World-Herald
New Owner to Restore Lincoln, NE, Marriott
The owner of Lincoln's Cornhusker Marriott has lost ownership of the hotel after defaulting on a $3.5 million loan.
The lender, an affiliate of a group of Philadelphia-based private equity funds, acquired the ownership interest from a company led by Atul Bisaria, who had bought the landmark hotel in 2004. A foreclosure sale was held Friday. Click here for the full story.
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