Pursuits

Doral Golf Resort Owner Agrees to $170 Million Property Sale

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The Doral golf resort’s owner agreed to sell the Miami property for $170 million as part of a restructuring of a group of luxury resorts.

A joint venture that includes hedge fund Paulson & Co. took control of eight resort properties including the Doral through a foreclosure earlier this year. The Doral, which was put into bankruptcy, was then put up for sale.