This isn’t the first foreclosure lawsuit Irwin Tauber, CEO of Bay Harbor Islands-based Taubco faces. It’s the fifth in a series of lawsuits but this one might be the last one, as it is the biggest foreclosure lawsuit which could result in the loss of his Causeway Square mixed-use project. Wells Fargo filed a foreclosure [...]
The Hagerstown Hotel and Convention Center foreclosure auction lasted about 3 minutes. Or more precisely until the Richard Hagerty read the legal notice and asked for final bids. There was only one bidder present: the company holding the promissory note on the property being sold for $2 million. VFC Partners 8 LLC placed its bid [...]
A portion of the Cortland Manor Apartment complex in north Hagerstown is scheduled for a foreclosure auction April 19, according to a legal notice issued by a Washington DC law firm, Seyfarth Shaw LLP. The auction targets 18 buildings containing 216 three-bedroom apartments, representing half of the 36 building, 431-unit complex completed in January 2010. [...]
Custom built motorcycles are entering a new era right in this moment. Motorcycles shops are closed each day throughout the country, as they are getting in trouble paying their mortgages. This is the story of the 17 year old motorcycle shop Big Dog Motorcycles too, which was shut down after its bank, Intrust Bank foreclosed [...]
A longtime local family business run into trouble as the lender, MainSource Bank of Potomac filed a foreclosure lawsuit March 14 against Michael and Elizabeth Gutterridge, owners of the Gutterridge Harley-Davidson business. Although the owners are having hard times, they are still open. The Gutterridge family has run the motorcycle business for 75 year and [...]
Brad Friedel’s former soccer academy will go for sheriff’s sale Apr. 27 with an asking price starting at a little more that $4.8 million. This amount, however, won’t cover the $9.5 million in full, amount owned by Friedel to his creditors on the sprawling complex that sits on a 30 acres property and opened 4 [...]
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