Google Street view of Costa Hollywood Beach Resort at 777 N. Ocean Dr. Coronavirus Thwarts Bidding for Costa Hollywood Beach Resort's Unsold Units
Dozens of unsold units at the beachfront condo-hotel are expected to end up in the hands of the lender, which offered a $43 million credit bid in a bankruptcy auction that drew no bidders.
August 18, 2020 at 06:17 PM
3 minute read
Costa Hollywood Beach Resort's unsold units were slated for a bankruptcy auction and generated plenty of interest but no qualified bidders, more than likely because the coronavirus pandemic put the hospitality industry in a historic nosedive.
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