A new hotel could finally be back on track for the former Days Inn at the corner of Lincoln Avenue and Wells Street in Lincoln Park. Wextrust Capital bought the place for $15.5 million in 2005, but redevelopment stalled when one of the company's principals was accused of running a Ponzi scheme. A joint venture of Centrum Properties and AJ Capital reportedly paid $11.4 million for the 195-room hotel. [Crain's]
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