SAN DIEGO-LNR Partners Inc., a commercial realty investor, hascompleted the sale of the 316-room Mission Plaza Hotel & Suitesto Jet Stream Hotels & Resorts and Reven Capital for a 70% lossof $12.5 million.
LNR bought the hotel for $43 million in a foreclosure auction.Jet Stream, a lodging company that runs 25 resorts and hotels with6,500 rooms across the nation, will be the manager of the hotel.For the full story, go to The North County Times.
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