🏙Shahal Khan, Kamran Hakim in contract to buy Plaza Hotel for $600M
May 03, 2018 01:50PM
Subrata Roy, Shahal Khan and the Plaza Hotel
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.
Plaza Hotel | Shahal Khan | Hakim Organization