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02/15/2013 01:46:23 PM EST

$20M Initial Bid For Bankrupt Developer's HoJo Hotel Gets OK

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Law360: Real Estate

A Florida bankruptcy judge on Friday approved a $20 million stalking horse bid for the sale of developer Transacta Prive Developers Ltd.'s primary asset, a shuttered Howard Johnson hotel on the beach in Fort Lauderdale that the developer had hoped to Read More...