TransAmerican Properties out of debt with Peoria, Ill.

05/13/2005 | Peoria Journal Star (Ill.)

The Kansas-based owners of Hotel Pere Marquette say they paid the remaining debt owed to the city of Peoria, Ill., allowing it to move forward with new renovations. In addition, the money TransAmerican Properties owed one of its partners, Caterpillar, was also restructured, despite defaulting on the payments four times.

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Peoria Journal Star (Ill.)

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