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USA Today Sports Media Group
USA Today Sports Media Group
Sport
Alexandra Clough, Palm Beach Post

Calmwater Capital takes control of troubled Banyan Cay project and its Jack Nicklaus course in West Palm Beach

Calmwater Capital, the lender to the troubled Banyan Cay Resort & Club, took control of the West Palm Beach project late last month. The move followed a failed bid to sell the property to an outside buyer in Banyan Cay’s Chapter 11 bankruptcy reorganization.

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