Three condo developments in Charlotte have a new owner: a Florida developer. The deal which was closed two days ago Patten Sales and Marketing bought the Garrison At Graham, 28th Row in Noda and The Vyne on Central Avenue from Community One Bank. Each property slipped into the foreclosure process in the past 24 months. [...]
South Lee County Courthouse will host the foreclosure auction of the River City Mall in Keokuk on Sept. 14, as Bayview Loan Servicing LLC of Florida is foreclosing on a $980,000 loan. The money was serviced to River City Mall LLC and Shannon Zetterlund a couple of years ago. Meyers Driveway and Septic Tank Service [...]
The Dublin-based Anglo Irish Bank is at a turning point where it tries to acquire all or portions of its $9.5 portfolio and the housing units in West Roxbury are part of it. And because their owners, which received a total of $12 million from Anglo Irish Bank run into financial difficulties and it could [...]
The Hooters restaurant in Beckley will be sold at a foreclosure auction,according to an ad placed by Walker Commercial Real Estate Services. The nearly 6,000 square-feet building that sits on 1.79 acres is scheduled at a foreclosure auction, which will take place at the Raleigh County Courthouse, September 7. Right now the Hooters location is [...]
Alpha Hospitality Ventures LLC is the new owner of the Airport Hotel & Conference Center property at 2240 Democrat Road. The entity paid purchased the real estate on a foreclosure auction for $4.4 million, on July 22. Memphis Airport Hotel & Conference Center is about 270,000 square feet, according to the Shelby County Assessor [...]
Two mostly vacant Sacramento-area business parks are part now of a revitalization project issued by a real estate fund. Their non-performing loans were acquired by KBS Strategic Opportunity REIT, a non-traded investment trust, entity which foreclosed on the business parks. One of the foreclosed parks is Roseville Commerce Center in Roseville, consisting of five flex [...]
The company that holds the mortgage on an abandoned theme park – Freestyle Music park – has purchased it out of foreclosure. Officials of the FPI US, LLC, the mortgage holder, said it is too early to tell how the plans to reopen the park will take shape. “At this point, the lender could either [...]
The three-story Downtown headquarters of retail developer Broadbent Co. faces foreclosure from Huntington National Bank, entity claiming that Broadbent defaulted on the loan it took out in 2008 to renovate the offices. The lender sued Broadbent over the default on the $12 million loan last week in Indianapolis, asking the court to appoint a receiver [...]
Boone County Courthouse saw a couple of foreclosures last week, and among those it was one for an old laundry building and one for a sizeable chunk of land. Mark and Georgia Ladlie owned and operated Sunshine Linen for years, but this is history now. The building located at 2207 Nelwood Drive near Vandiver Drive [...]
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