Indian Buyers Poised to Purchase Sheraton Mirage

It’s been reported that an Indian developer is in line to purchase the Sheraton Mirage Resort.  Placed in receivership last year following the collapse of the Raptis Group, a $70m deal is currently in the works.

The first mortgagee, St. George Bank, is believed to be owed $60m plus costs on the beachfront Main Beach property

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