Article: Loews Resort Recently Purchased for $90.5 Million.(Brief Article)

Loews Coronado Bay Resort's operator, New York City-based Loews Hotels, recently purchased the hotel for $90.5 million.

The 440-room, California-Mediterranean style resort had been forced into involuntary bankruptcy this spring, when one of its founders, MKK Associates, a Japanese firm, wanted to divest its holdings. The other partner was locally based Joelen ...

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