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Newbury Sells Conn. Hotel Property For $19M Credit Bid

By Vince Sullivan (April 6, 2017, 5:48 PM EDT) -- Bankrupt commercial property firm Newbury Common Associates LLC received the approval of a Delaware judge late Wednesday to sell the last of its nine properties in Stamford, Connecticut, finding that a credit bid of $19 million by a prepetition lender was the best achievable price....

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