Creditors Take Anguilla Resort

ANGUILLA, BRITISH WEST INDIES-The resort project's developer was Flag Luxury; the owner, US entertainment mogul Robert Sillerman. But now the $180 million mortgage is back in the hands of the lenders, according to the Wall Street Journal.

By John Salustri | February 05, 2010 at 05:57 AM

Wall Street Journal

The developer is Flag Luxury Properties LLC, and the owner is entertainment entrepreneur Robert Sillerman, the Journal reports.

Click here to view the Journal article.

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John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.

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