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REA
May 06, 2020  

Receiver to Auction Baltimore Hotel

A full-service hotel in Baltimore’s Inner Harbor that previously traded for $35 million is on the auction block as a distressed play.A receiver plans to sell the 365-room Holiday Inn Baltimore Inner Harbor via an online auction scheduled to start June 1. JLL has been tapped to market the hotel, while Ten-X Commercial will run the auction.Bids will start at $5 million, or a mere $14,000/room. It’s unclear where pricing might land given...


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