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 Sonoma-Marin Area Rail Transit district wants to participate at a foreclosure auction, as it is interested in purchasing a former Petaluma lumber yard. SMART’s board of directors has directed its staff to enter a bid when the auction is held July 21 at the Petaluma Community Center. “We have a piece of foreclosed property [...]
The owners of Hard Rock Hotel & Casino in LA filed a lawsuit to prevent lenders from foreclosing the property and selling it on the courthouse steps in Manhattan on February 7. The complaint says that the lenders don’t have approval from the Nevada Gaming Commission and their claims of loan default aren’t real or [...]
According to the McLoud Century house website the building is closing its doors. There will be an auction at the end of the month. "The Century House Inn is closing its doors! Thank you to all of our customers and friends throughout the Years," their home page starts. "The building and it’s content of antiques [...]
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