Investor wants to foreclose on two Baltimore hotel sites

A private investment group is looking to foreclose on and sell two historic downtown Baltimore buildings, both of which were being converted into hotels when their owner halted the projects.
A group calling itself RL BB Financial LLC asked the U.S. Bankruptcy Court Dec. 13 for permission to sell the buildings — 207 E. Redwood St. and 101 N. Charles St. — to collect on about $28.7 million in unpaid mortgage debt.
RL BB Financial claims selling the properties is the only solution since neither structure is generating income.

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