Keen-Summit Capital Partners LLC has been retained by Armaos Property Holdings, LLC and Olympic Hotel Corporation (“Debtor”) as the exclusive real estate advisor to run the sale process for the sale (the “Transaction”) of the Baymont Inn & Suites located at 360 Route 12, Groton, CT.
The Debtor has filed a sale motion with the Bankruptcy Court seeking a Bid Deadline of April 23rd and Auction Date of April 30th. The proposed minimum bid is $4,800,000.
More information on the Keen-Summit landing page for the sale, including flyer PDF, form confidentiality agreement, and copy of sale motion. Or call any of Matt Bordwin(646) 381-9202; Chris Mahoney (646) 381-9205; or Heather Milazzo (646) 381-9207. Be sure to tell them you saw it in DailyDAC!
Keen-Summit Capital Partners LLC is a real estate brokerage, workout and investment banking firm specializing in special situations, restructurings, bankruptcies and receiverships. Keen-Summit Capital Partners LLC represents property owners, retail and commercial tenants, commercial and industrial businesses, investors, developers, and creditors across various industries. Clients benefit from its reputation for excellence and integrity, extraordinary industry experience, in-depth market knowledge, time-tested business approach, deep industry relationships, workout and bankruptcy expertise, and exceptional execution capabilities. For more information about Keen-Summit Capital Partners, call 646.381.9222 or visit www.keen-summit.com.
The editors and editorial board of DailyDAC include preeminent restructuring and insolvency professionals, journalists, and editors. They are devoted to providing reliable and plain English education and deal intelligence about assignments, corporate bankruptcy, receiverships, out-of-court workouts and similar topics.
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