State Treasurer Alexi Giannoulias. (PHOTO SUPPLIED) National real estate firm selected to sell property
Springfield, IL—(ENEWSPF)— The state will hold an auction in May to sell the Collinsville Holiday Inn to a new owner, finally ending the state’s ill-fated saga of granting multi-million dollar loans to politically connected insiders, Illinois State Treasurer Alexi Giannoulias said today.
Giannoulias also announced that Chicago-based Sheldon Good & Company, a national real estate auction firm, will conduct the sale of the hotel.
Sheldon Good will accept sealed bids from prospective buyers . . .