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USA Investment Partners Announces Sale of Hotel Zoso


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© Business Wire 2005
2007-11-20 16:50:14 -

- USA Investment Partners today announced the sale of the Hotel Zoso for $25.1 million to APHM Zoso, LLC. The Hotel Zoso is a luxury 163-room facility which opened in December 2005.

Ms. Poulin, a partner at CRG Partners Group, LLC and the Court appointed Trustee, said, "We are pleased to announce this sale which will make funds available

to creditors in the USA Capital bankruptcy. These funds will be distributed pursuant to the Plan of Reorganization submitted to the Bankruptcy."

Last July, USA Investment Partners filed motions with the Bankruptcy Court last July to sell the property.

Stern And Company
Steve Stern, 702-240-9533
steve@sdsternpr.com




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