Pablo Escobar’s Tulum Spread Gets New Life as $100 Million Hotel
Tulum, the fashionable beach destination on Mexico’s Yucatan Peninsula, is getting a new luxury hotel with a colorful distinction: It once belonged to the cocaine kingpin Pablo Escobar. Thor Equities Group bought Casa Magna, part of a beachfront compound once owned by Escobar, for $17.5 million, according to a representative for the firm. It plans to spend…