The firm has agreed to purchase the 400-room, Crowne Plaza Orlando Universal Boulevard, which was auctioned by Universal Towers Construction Inc.
March 26, 2021 at 12:15 PM
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Monarch Alternative Capital LP has reached an agreement to purchase the 400-room, Crowne Plaza Orlando Universal Boulevard hotel in Orlando, FL.
The hotel was auctioned by Universal Towers Construction Inc. through a Section 363 sale process, as part of the debtor’s Chapter 11 restructuring.
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Crowne Plaza Orlando Universal Boulevard. Credit: Google.
