Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 -0.00451783355350064
Stock impact report

Auction of former Dearborn Hyatt ends with $5.9M bid [Yahoo! Finance]

CoStar Group, Inc. (CSGP) 
Last costar group, inc. earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: costargroup.com/investors/stock-info
Company Research Source: Yahoo! Finance
The identity of the triumphant bidder for the empty 18-story, 773-room property, once the second largest hotel in Michigan, was not immediately known. The auction began Monday and ran until just after 2:45 p.m. Wednesday on the Ten X commercial auction website. The hotel has sat empty since December 2018 and last operated as the Edward Hotel & Convention Center. It was shut down in the days before Christmas by city of Dearborn officials for alleged code violations and maintenance issues. The property later was forfeited by its then-owner, Edward Gong, a Chinese national living in Canada, who faced criminal charges at the time that eventually were withdrawn. Gong bought the hotel for $20 million in 2016. In a 2021 sale handled by the U.S. Marshals, the hotel sold for $18.25 million to New York-based Rhodium Capital Advisors, which went on to announce plans — never fulfilled — to transform the empty hotel into apartments. More recently, a Rhodium-linked entity defaulted on the Show less Read more
Impact Snapshot
Event Time:
CSGP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for CSGP alerts
Opt-in for
CSGP alerts

from News Quantified
Opt-in for
CSGP alerts

from News Quantified