Posted by Istvan Fekete
Mixed Use
Wednesday, November 30th, 2011

The historic Ioka theater was lost in foreclosure and it is scheduled for public auction tomorrow. Since Robert Detzler of Immer Besser LLC, its previous owner has closed the building three years ago, he struggled to find a buyer, but nobody was interested in purchasing the real estate. After two years of struggle, Detzler reopened [...]
Posted by Istvan Fekete
Mixed Use
Monday, November 28th, 2011
45 lots at the Camden Crossing townhome complex on downtown Baltimore’s west side are scheduled to be sold at auction Dec. 15. According to the company handling the foreclosure sale the properties are valued at more than $1.4 million, and include 34 lots for townhomes and 11 open-space lots. The scheduled lots are part of [...]
Posted by Istvan Fekete
Hotels
Friday, November 25th, 2011

The historic Oregon hotel was built in 1920, and it became a focal point of Union tourism and history. But this didn’t help the owners facing financial woes. December 12 will be a historical date, as the hotel will change ownership at a foreclosure auction. City leaders hope a buyer will be on the hotel [...]
Posted by Istvan Fekete
Retail
Wednesday, November 23rd, 2011

Cross Creek Shopping Center was claimed by a New York-based company at a large foreclosure auction held at auction.com. The 363,333-square-feet retail center located at Riverdale Road was formerly the asset of JPMCC 2005-LDP2 Riverdale Retail, but now it belongs to Allied Development of Memphis LLC, which paid $12.7 million for the property. The real [...]
Posted by Istvan Fekete
Mixed Use
Monday, November 21st, 2011

The stalled Base Village project was repossessed by its lender at a foreclosure sale held on the steps of the Pitkin County Courthouse in Aspen. There were no bids for the project, so it went back to the mortgage holder, Hypo Real Estate Group. “This means nothing happens,” said James Pavisha, with Destination Snowmass Services [...]
Posted by Istvan Fekete
Mixed Use
Friday, November 18th, 2011
The Warrenton Outlet Center was purchased for only $1.8 million Tuesday by US Bank during a foreclosure sale that took place outside the Warren County Courthouse. The former owner was Prescott Capital Management, since 2006, but it ran into financial troubles, which triggered foreclosures. The mall was once a popular shopping destination for local and [...]
Posted by Istvan Fekete
Mixed Use
Saturday, November 12th, 2011
Eagle Country’s largest private landowner slipped into foreclosure with a ranch north of Wolcott. Public records show a nearly $4.5 million in debt. The foreclosure auction is set to June 20, as the ranch went into foreclosure November 3. County records show 48 parcels of Piney River Ranch in foreclosure, totaling 2,422 acres. The owner, [...]
Posted by Istvan Fekete
Mixed Use
Monday, November 7th, 2011
Old National Bank filed a foreclosure lawsuit against a the owners of a building on the west side of Indianapolis. The prominent businessman is now the target of a $2 million foreclosure complaint. The lawsuit was filed in Marion County Circuit Court at the end of October, and today a judge was expected to sign [...]
Posted by Istvan Fekete
Mixed Use
Friday, November 4th, 2011
Hillcrest Country Club, a 95-year-old golf venue will have a new owner, as it couldn’t pay its debt during these hard times, an attorney for its owners said. The golf club is scheduled for a foreclosure sale Nov. 11, said Tim West, an attorney for David Francis, who owns Hillcrest with other family members through [...]