Posted by Istvan Fekete
Mixed Use
Sunday, January 22nd, 2012
Colonial Golf and County Club ends its more than a decade financial and political struggle by closing its doors. Tony Manzella, who purchased the 88-acre property two years ago announced that after exploring all available option to develop a plan to retire the club’s debt he closes the club’s doors January 31, three weeks before [...]
Posted by Istvan Fekete
Mixed Use
Friday, January 20th, 2012

The housing crisis affected many prominent buildings across the country. Glen Falls’ Roger Building is yet another prominent building that is no scheduled to be sold at foreclosure auction due to foreclosure. The property that sits vacant for a couple years now it is located at 21 Bay St., across from City Park and Crandall [...]
Posted by Istvan Fekete
Mixed Use
Friday, January 13th, 2012

Keasarge House LLC and the Atlantic Keasarge Parking Lot LLC in York Beach were sold Thursday for $1.1 million as creditors have formed a queue for recovering debt. Kearsarge House LLC, 6 Railroad Ave., and the parking lot at 4 Main St., across the street from Kearsarge House, were sold to Kearsarge Acquisition Company LLC, [...]
Posted by Istvan Fekete
Hotels
Monday, January 9th, 2012

A Spokane Bank is now the owner of large pieces of the troubled Ridpath Hotel in a move that can lead to its clear its ownership problem surrounding the iconic downtown hotel. Furthermore, some voices say this takeover can lead to its restoration and even opening. A public foreclosure auction was held Friday in the [...]
Posted by Istvan Fekete
Mixed Use
Friday, January 6th, 2012

The financial crisis has hit hard commercial property owners and Lakeville is not an exception. Recently a downtown Lakeville business owner received a foreclosure notice on his building that houses Holly’s Centre Stage Dance, according to theDakota County Tribune. The building is located at 20721 Holyoke Ave. and it had trouble keeping tenants since it [...]