Fortress to Sell Caribbean Hotels in $465 Million Muni-Bond Deal
Fortress Investment Group plans to sell two resorts on St. Thomas in the US Virgin Islands through a deal that will be financed by municipal bonds, and which will allow...
By Martin Z Braun · Bloomberg Markets
Fortress Investment Group plans to sell two resorts on St. Thomas in the US Virgin Islands through a deal that will be financed by municipal bonds, and which will allow the territory to ultimately acquire the property.