NEW YORK— The Bauer Partnership, a real estate investment company, has entered into a letter of intent to acquire The Mosquito Blue Resort in Playa del Carmen, Mexico for US$65 million through one of its subsidiaries, Bauer Capital Management Ltd. The Mosquito Blue Resort, located 40 miles south of Cancun, was built in 1995 and underwent an expansion in 1999, which now totals 46 luxury suites.
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