Morehead City hotel files for Chapter 11 bankruptcy - Triangle Busin...

06/19/13

Morehead City hotel files for Chapter 11 bankruptcy
Triangle Business Journal
The motel's owner, a limited liability company CIMASA Properties, owes First Bank $2.7 million on a mortgage, according to the Chapter 11 petition it filed June 7. CIMASA also owes nearly $800,000 to a second secured lender and about $150,000 to a ...

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