This time it is the Convention Center Hotel.

Perhaps it is like the building (aircraft hanger, repair facility, whatever) where the Oregon Investment Council got snookered? Something about cash flow for operations and expectations that the private party would put up their own cash, but obtained it only by way of the exaggerated purchase price above their own construction cost. It is the same MO. Therefore . . . it must [be] structured by the same advocate. One guess.

If aircraft repair business fails to materialize, no sweat. If not a soul shows up at the hotel, no sweat.

[Earlier note before closer inspection.]