BANKING & FINANCE - June 8, 1991
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From Times Staff and Wire Reports
CenTrust Tower, a Miami office high-rise stuffed with luxuries ordered by ousted Chairman David Paul, will be sold for $44 million, a $6-million discount on the asking price, federal regulators announced. The sale to Winthrop Financial Associates, a Boston-based real estate investment management firm, is the second-biggest real estate deal by the Resolution Trust Corp., which is responsible for selling seized savings and loan assets.
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