Sagamore Hotel wants judge to halt sale

The Sagamore Hotel wants a judge to block its lender from auctioning off its delinquent mortgage to the highest bidder this week.<p/> In a countersuit filed in Miami-Dade Circuit Court, the stylish South Beach boutique accused lender LNR Property of duping it into halting loan payments in hopes of restructuring its debt. LNR, a servicer that took over management of the loan when it went into default, plans to auction off the $32 million mortgage, setting the stage for a foreclosure on the 93-room hotel. http://bit.ly/dwBd2Y