Less than five months after seeking bankruptcy protection, Marina Puerto del Rey in Fajardo has a new owner with big plans on the horizon for its newest Puerto Rico property.
Puerto Rican company Green Isle Inc., which owns and operates several small hotels in the Isla Verde area, has filed for Chapter 11 bankruptcy, listing nearly $8.1 million in debt.
Businessman Thomas Ward, who less than a year ago opened a Selectos supermarket in the upscale Ciudadela apartment complex in Santurce, recently filed for Ch. 11 bankruptcy protection, listing some $5 million in debt.