BR’s Cyntreniks trying to buy Alexandria hotel
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ALEXANDRIA (AP) — A Baton Rouge company is putting together a new proposal to buy the Hotel Bentley, a historic landmark that is now shuttered in downtown Alexandria.
Cyntreniks Hospitality Co. LLC President John Schneider said Thursday that financing assurances from banking and investment giant Morgan Stanley and another firm, coupled with a special taxing district proposed for a part of Alexandria, make the deal more probable than ever.
Schneider said the offer to Bentley owner Bob Dean of Baton Rouge would be “somewhere south” of $6.5 million. He also said buying the Bentley is part of a $15 million project to bring the 178-room hotel to life again.
Cyntreniks has tried for a year and a half to buy and refurbish the Bentley, which Dean closed in December 2004.
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