Posted by Istvan Fekete
Retail
Monday, September 19th, 2011

Andrew Filipowski, the former billionaire is at risk of losing his land, just half year after he managed to settle with the successor of Carolina First Bank, TD bank regarding the Barefoot Landing shopping center. TD Bank filed a lawsuit against Filipowski in September for an unpaid debt of $14.2 million and it tries to [...]
Posted by Istvan Fekete
Retail
Monday, September 12th, 2011

Panattoni Development Co. fell behind in payments on its $26.5 million loan owed to Bank of America, which resulted its Longmont property, the Twin Peaks mall slipping into foreclosure. However, city officials are interested in seeing redevelopment at the mall, sooner rather than later, Brad Power, the city’s economic development director said in an interview. [...]
Posted by Istvan Fekete
Office Buildings
Monday, September 5th, 2011

The former headquarters of United Western Bank was hit with foreclosure. US Bank filed a foreclosure notice against the owner of 700 17th Street. The owner of the 24-story building in downtown Denver is 700 17th Street Operating LLC, which belongs to Toma West Management Corp. And now the entity faces a $17.6 million notice [...]