A group of investors including Shahal Khan’s Chimera Group and the Hakim Organization is in hard contract to buy the Plaza Hotel from Subrata Roy’s Sahara Group for about $600 million, The Real Deal has learned. The prospective buyers have seven weeks to close the deal, sources close to the buyers said. During that period, Sahara may consider a lower bid from one of the current minority owners, Ashkenazy Acquisition Corporation. Although initial reports suggested […]
source https://therealdeal.com/2018/05/03/shahal-khan-kamran-hakim-in-contract-to-buy-plaza-hotel-for-600m-sources/
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