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OPTIMUM HOTEL BROKERAGE ARRANGES SALE OF NOTE TO PA. HOTEL

LEHIGHTON, PA. — Optimum Hotel Brokerage has completed the sale of the first-mortgage note secured by the Hampton Inn Lehighton, a 79-room, select-service hotel located in Lehighton. The sale was completed for 90 percent of the mortgage balance. Joe McCann of Optimum brokered the sale between the seller, a New York-based regional bank, and the buyer, a Manhattan-based private real estate investment company.

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