--- In FairfieldLife@yahoogroups.com, "dhamiltony2k5" 
<[EMAIL PROTECTED]> wrote:
>
> >Ron F <[EMAIL PROTECTED]> wrote:
> >
> > MIDWEST BRIEFS
> > Deal completed for Blackstone
> > 
> > Tribune staff, wire reports
> > Published December 23, 2005
> > 
> 
> $112 million.
> 
> "A joint venture that includes Denver-based Sage Hospitality 
> Resources LLC has
> closed
> on the acquisition of the shuttered Blackstone Hotel.  A non-
profit 
> group headed
> by
> the Maharishi Mahesh Yogi owned the 22-story building."
> 
> Oh, a *non-profit group* headed by Maharishi.  It will be most 
> interesting to follow the money and see what they do with it this 
> time.  Past performance is no indication of future returns?
> 
> Jai Guru Dev, -Doug
> 
> 


No, may be they have enough money now they could give back that 
money they mis-appropriated from the Kaplans.  Or, is the thinking 
that the Kaplans probably deserved to have their money taken and 
that was okay...  *Actions speak louder than words* is the old 
saying. Who says MMY is a megalomaniac? 

-D 


> 
> 
> 
> 
> 
> 
> > A joint venture that includes Denver-based Sage Hospitality 
> Resources LLC has closed
> > on the acquisition of the shuttered Blackstone Hotel at 636 S. 
> Michigan Ave., and
> > plans to reopen the property in less than two years. A non-
profit 
> group headed by
> > the Maharishi Mahesh Yogi owned the 22-story building. After an 
> unsuccessful attempt
> > to convert it into condominiums, the group hired Oakbrook 
Terrace-
> based real estate
> > firm NAI Hiffman to market the property. Sage's joint-venture 
> partner in the $112
> > million project is JPMorgan Fleming Asset Management, said 
Kenneth 
> Geist, a partner
> > in Sage. The 327-room property will be part of the Marriott 
> Renaissance chain but
> > will retain its historic name.
> > 
> > 
> > 
> > Copyright © 2005, Chicago Tribune
> > 






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