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South Florida

Fifth Third foreclosing on Fort Lauderdale Holiday Inn

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The Cincinnati-based Fifth Third bank seeks to foreclose on the
Holiday Inn hotel near the beach in Fort Lauderdale. The
93,824-square-foot, five-story hotel sits near the ocean, at 4116 N.
Ocean Drive. It has 186 rooms, a meeting room to accomodate 75 people
and a beach café. It is the latest in a line of South Florida hotels
slipping into foreclosure amid the recession. The Comfort Inn in Palm
Beach Gardens has been scheduled for a foreclosure sale.