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REIT Faces Another Suit Over $41M Hotel Loan Write-Down

By Fola Akinnibi ( January 23, 2017, 6:32 PM EST) -- Another Resource Capital Corp. shareholder has brought a suit against the real estate investment trust's directors in New York federal court, accusing them Monday of mishandling a Puerto Rico hotel loan portfolio that prompted a $41 million write-down in August 2015. . . .

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