HOUSE_OVERSIGHT_027063.txt
HOUSE_OVERSIGHT_027063.txt
Why This Matters
The document discusses a bid for the Palm House Hotel, which is located in Palm Beach.
AI-Generated Summary
The document discusses a bid for the Palm House Hotel, which is located in Palm Beach. The bidder is an affiliate of Related Companies, led by Stephen Ross and Justin Metz. The property has faced legal issues related to fraud allegations from the Securities and Exchange Commission and EB-5 investors. Cushman & Wakefield's Robert Given, Errol Blumer, Michael Mulkern, and Robert Kaplan are marketing advisers for the property. The bid price is $32 million, with a floor price of $32.5 million at the bankruptcy auction scheduled for November 16, 2018 in West Palm Beach.
Document Content
File Type: TXT
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