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Coco Beach Sold for $2.2 Million

The Government Development Bank will take a $32-million hit through its Tourism Development Fund

25 de noviembre de 2015 - 12:00 AM

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This content was published more than 9 years ago.
According to the company's documents, the facility, which went bankrupt last July, has operated with losses for almost a decade. (GFR Media)
According to the company's documents, the facility, which went bankrupt last July, has operated with losses for almost a decade. (GFR Media)

The investment fund, OHorizons LLC, received the bankruptcy court's guarantee to acquire the golf course and the clubhouse of the touristic complex Coco Beach, in Río Grande, for $2.2 million.

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