A Delaware company acquired the property at the brink of foreclosure
Downtown Crowne Plaza under new ownership – Memphis Business Journal
The Delaware limited liability company filed a $12.7 million loan shortly after the lease assignment.
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https://memphissmbmedia.wordpress.com/2015/06/01/a-delaware-company-acquired-the-property-at-the-brink-of-foreclosure/ from Memphis SMB Media