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SEBRING — Harder Hall is changing hands once again, after Sebring Hospitality Group withdrew its contract just hours before the due-diligence period ended Thursday. The city will now move forward with its contract with Steve Israel, an investor from New York, who has offered to purchase the hotel for $5.6 million. City council approved a back-up contract with Israel at a Sept. 19 meeting, in case the contract with Sebring Hospitality Group fell through. Sebring Hospitality Group requested a 30-day extension to its due-diligence period, which the city council denied at a special meeting Thursday. ...more
October 5, 2007
Opening night was made for optimism, so perhaps it was natural that the potential future owners and the potential former chief executive officer of the Lightning sounded similar upbeat notes Thursday regarding the impending sale of the franchise. ...more
October 5, 2007
A lot of people have been anxious to hear if Sebring's deal to sell Harder Hall would happen after the 30-day due diligence period. It didn't, unfortunately, but the good news is that another investor is in line to buy the historic property on Little Lake Jackson. Sebring Hospitality Group, a group of investors from the northeast made up of doctors, wanted a 30-day extension on their due diligence period. Sebring City Council members said no, that there was a better deal waiting from the next investor. We believe the council made a wise decision to move on. Perhaps 30 days isn't enough time, but that's the offer the first group made. Besides, the new investor, Steve Israel, is offering more money for the property. Of course, he wants due diligence as well. In the meantime, the city continues to talk to other potential buyers. ...more
October 5, 2007
SEBRING — Harder Hall is changing hands once again, after Sebring Hospitality Group withdrew its contract just hours before the due-diligence period ended Thursday. ...more
October 4, 2007
SEBRING — Sebring Hospitality Group has withdrawn its contract for the purchase of Harder Hall after the city council denied granting an extension for Sebring Hospitality Group, LLC to complete its due diligence. ...more
October 4, 2007
SEBRING — City council has denied granting an extension for Sebring Hospitality Group, LLC to complete its due diligence. ...more
October 4, 2007
Doing their due diligence to solve cases is customary among those who have chosen police detective work as a profession. ...more
September 26, 2007
Since Absolute Hockey Enterprises announced on Aug. 7 its intention to purchase the Lightning from Palace Sports and Entertainment owner Bill Davidson, very little information about the sale process has been made public. ...more
September 17, 2007
SEBRING — Although Harder Hall is on track to sell for enough to repay all claims against it, no one but the city of Sebring will see a check. ...more
September 7, 2007
SEBRING — Excitement filled City Hall as city council members unanimously voted to sell Harder Hall for $5.55 million. ...more
September 4, 2007
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