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by Sarah J.F. Braley | January 27, 2010

According to local news reports, the 100-room, 38-condo Vail Plaza Hotel in Vail, Colo., now is owned by Ferruco Vail Ventures, a family-run investment group based in Mexico City. The company acquired the property on Jan. 4 with a bid in Denver's bankruptcy court. Carbondale, Colo.-based Timbers Resorts will represent the owner in Vail.