The Cupples Station’s vacant building slowly find their new owners. One of the vacant buildings sitting vacant in the heart of St. Louis was recently bought out of foreclosure by an affiliate of Koman Group for $3 million. TKG Acquisitions LLC was the only bidder for the seven story building at 900 Spruce Street. In [...]
Gallery Row is known as a prominent Tucson shopping center that features arts, crafts and a locally owned restaurant. The problem with that real estate is that its owners slipped into default. Borrower Gallery Row LP, the owner of the property located on East Skyline Drive near North Campbell Ave. is delinquent on a $5.9 [...]
100 Wall Street, a 29-story, 504,000 square-foot building was acquired by Savanna, a New York-based real estate company though foreclosure auction. The title of the Class A building now belongs to the real estate private equity and management firm. Herrick Feinstein LLP and Savanna worked together for the transaction to close and Savanna to gain [...]
Biscayne Harbour Shops retail center in Aventura was sold before it entered the foreclosure process. The company also used the strategy of buying its own loan to keep three other properties. The move comes after MUNB Loan Holdings, an affiliate of Bank of New York Mellon Corp. filed a foreclosure lawsuit last year against the [...]
A planned Northern Colorado Boondocks Fun Center designed to bring joy in the life of thousands, won’t be able to do that. It was put on hold indefinitely last summer as a result of the uncertain economy, and it slipped into foreclosure recently, court records show. The planned 52,000-square-foot facility on 10 acres in Johnstown [...]
The foreclosure auction of a new boutique hotel in the Flatiron District was postponed Tuesday morning, as the developers of MAve hotel filed for Chapter 11 bankruptcy protection Monday. Court documents show that Madison Hotel Owners filed for reorganization. Joseph Ben Moha, owner of Roxy Deli and Benzon Suky, a principal at Livorno Properties are [...]
Cummings Inc, the International Sign Service announced that its assets were sold last month through a private foreclosure sales. As part of it a new owner has taken over the Cummings Inc business, which will operate as CITISS, Inc. “The company has been struggling to deal with the credit crunch in this historically poor economy,” [...]
Fortune has avoided the shopping center located in Kendall. Just three days after it got gut with a foreclosure lawsuit, the same shopping center was subjected to a $20 million judgment and it is scheduled for an online auction. Kendall Pointe LLC, a Miami-based entity managed by Barry M. Brant filed a foreclosure lawsuit on [...]
The Old Spanish Village, located on 5.8 acres at Ponce de Leon Boulevard and Palmero Avenue has a new owner since Monday: Firstbank Puerto Rico won the foreclosure auction. FirstBank Puerto Rico used a bid based on its $83 million foreclosure judgment against the developer Ponce Circle Developers, which had a $60 million mortgage. The [...]
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