Paulson Resorts to Be Sold to GIC After Auction Canceled - Bloomberg

12/05/12

Paulson Resorts to Be Sold to GIC After Auction Canceled
Bloomberg
The sale comes after a joint venture that includes Paulson acquired eight resorts through a foreclosure last year. Five of the properties, including the Grand Wailea in Hawaii and La Quinta Resort & Club in California, then filed for bankruptcy protection.

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