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Kennedy Wilson Buys Lake Tahoe Resort At Substantial Discount

December 18, 20122 Mins read375
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By Jon Peterson Kennedy Wilson Holdings Inc. and an investment partner have acquired the 170-room Ritz-Carlton, Lake Tahoe resort hotel and the 23-unit Ritz-Carlton Club, Lake Tahoe condominiums in Truckee from a group of lenders for far less than the property’s $300 million development cost. The relatively diminutive sale price is not a surprise. The […]

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