Key facts
- Hilco Global has set a June 26 deadline for bids for Hawthorne Race Course real estate.
- The announcement is part of the course's Chapter 11 bankruptcy process.
- Hilco Global is seeking a buyer or investor for recapitalization.
Hilco Global's Real Estate Practice, working with Province LLC, has announced that June 26 is the deadline for submitting bids for the real estate of Hawthorne Race Course. This initiative is part of the course's ongoing Chapter 11 bankruptcy proceedings, where the goal is to secure a buyer or investor that can facilitate a recapitalization and ensure the business continues as a going concern. The engagement aims to find a suitable party to take over the property.