Movies represent an essential part of our everyday life. And now one of the biggest movie studios are approaching a foreclosure sale. But faith somehow let the studios breath fresh air. The foreclosure sales was delayed again although it was scheduled for Thursday. The meeting scheduled for that important day in the studio’s life was [...]
Palm Beach Community Church in Midtown on PGA Boulevard is facing a foreclosure lawsuit. The non-profit church owes about $11.3 million in principal, about $846,000 in interest and about $58,000 in late charges, the complaint filed by PNC Bank in the Palm Beach County Judicial Circuit alleges. The original promissory note the church signed un [...]
Bank of America foreclosed on the Renaissance on the River building, becoming the owner of the real estate. The lender bought the commercial and residential Mediterranean building in downtown Fort Pierce after it was the sole bidder at the February 15 auction, said Robert Powell, and assistant supervisor with the St. Lucie County Clerk of [...]
The housing collapse signed many dream’s death verdict and Semiahmoo is one of them. The horizon here once was envisioned as a 200-acre, 650-home subdivision where some dwellings would sell for as much as $2 million. Now: the all but vacant site is scheduled for an April 29 foreclosure auction to cover almost $41 million [...]
The well-known DiRimini apartment complex developer is now facing a foreclosure lawsuit as he defaulted on a $2.8 million loan given by the Louisville-based Stock Yards Bank Trust & Co. The 31-unit project at the southeast corner of Capitol Avenue and St. Clair Street has been troubled since city officials halted the work after finding [...]
An empty Milwaukee office building in then heart of the city – at the corner of East Wells and North Milwaukee street – was foreclose on February 9 and possibly candidate for demolition. The principal at Milwaukee Wells Building Co, Joel Lee said he bought the real estate ten years ago. The four-story office was [...]
Ceebraid-Signal Corporation is forced to turn its Village Club Apartments in Palm Springs, after it lost a $26.6 million judgement. The winner of the judgement is LaSalle Bank, who acts as a trustee for a commercial mortgage-backed securities fund. Village Club Apartment are affiliated with the West palm Beach-based developer, Ceebraid Corp. The lender won [...]
The owners of Hard Rock Hotel & Casino in LA filed a lawsuit to prevent lenders from foreclosing the property and selling it on the courthouse steps in Manhattan on February 7. The complaint says that the lenders don’t have approval from the Nevada Gaming Commission and their claims of loan default aren’t real or [...]
First Family Church in Overland Park is now threatened by its lenders to take possession of the property if it doesn’t pay more than $14 million in mortgage and other costs. There is a foreclosure petition filed in Johnson County District Court by Regions bank that asks the property to be foreclosed and if the [...]
Prudential Insurance Co. made every possible move to foreclose on the developer of the W Hotel & Residences which filed bankruptcy protection in 2010, after it wasn’t able to sell most of its Theatre District condominiums. Judge Joan Feeney ruled “the developer SW Boston Hotel Venture is making progress stabilizing its finances and should be [...]
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