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Atlantic City's Claridge Hotel Sells for $12.5M

Caesars Entertainment Corp Divests Claridge Casino Hotel
By Stephanie Kanney
April 23, 2014 | 1:49 P.M.

TJM Property Management, Inc. purchased The Claridge Hotel at 1900 Pacific Ave. in Atlantic City, NJ for $12.5 million, or $25,000 per room, from Caesars Entertainment Corporation.

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