(Peoria, IL) — No one wants to buy the Pere Marquette Hotel in Peoria. The hotel was up for auction yesterday, but Peoria City Manager Patrick Urich says no one offered a bid. That means the firm that took over the hotel earlier this year will take ownership. It also means the city of Peoria will lose the seven-million dollars it had invested in a second mortgage in the hotel.
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Benjamin Yount/acb IL)
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