Hotel Sale on Hold

Posted:

Springfield IL – The foreclosure sale of the Springfield Crowne Plaza Hotel and Holiday Inn Express, has been rescheduled for an undetermined date.

 

The two hotels, which are next door were set to be sold today. Court documents show the New York based owner of the hotels owed nearly 37 million on the original loan.

 

A management company is running the hotels during the foreclosure proceedings. 

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