Three Pioneer Square buildings were purchase out of foreclosure by a Canadian investment company, the Seattle Business Journal reported. The buildings were put into foreclosure since September and they include the iconic Grand Central Building on First Avenue South. Nicola-Crosby Real Estate Investments, a Vancouver-based company said on its website, that its Spire US LP [...]
The Venice company led by Richard R. Grose, Warfield Properties LLC has declared bankruptcy and filed for Chapter 7 bankruptcy protection with $651,353 is assets and $1.062 million in debts. The assets consist of three manufacturing warehouses which the company acquired back in 2007 and 2008 for a total of $725,000. Now creditors have lined [...]
Alterra Cafe, which originally was a Milwaukee foundry building faces a foreclosure lawsuit. The building features 9,000 square-foot and it is located at 170 S. 1st St. in Walker’s Point, and it (yet) belongs to 1818 LLC an investment group led by developer Tim Dixon. According to information obtained by the Milwaukee-Wisconsin Journal Sentinel, Dixon [...]
Buyers of the foreclosed Executive Airport Business Center in Fort Lauderdale could only get 10% discount from the property’s foreclosed mortgage. According information published by South Florida Business Journal the sale involved a leasehold interest in 76,273 square-feet of offices at 801 N.W. 50th St. (West Commercial Boulevard) and the broker for the seller was [...]
The Richmond Pines County Club was auctioned off Wednesday at the steps of Richmond County courthouse in front of a handful of people. The property was pushed through foreclosure as the club failed to meet its financial obligations to Fidelity Bank. No one bid for the club. “We bid it in at $396,137.53,” said Fidelity [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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