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 5,700 acre club at Spanish Peaks resort in Montana is scheduled to be sold at an auction. This decision was made on Friday last week, in the owner’s effort to liquidate via Chapter 7 bankruptcy, several days after the high-end resort shut its doors and laid off staff. Spanish Peaks Holdings II LLC, the [...]
The Dublin-based Anglo Irish Bank is at a turning point where it tries to acquire all or portions of its $9.5 portfolio and the housing units in West Roxbury are part of it. And because their owners, which received a total of $12 million from Anglo Irish Bank run into financial difficulties and it could [...]
The company that holds the mortgage on an abandoned theme park – Freestyle Music park – has purchased it out of foreclosure. Officials of the FPI US, LLC, the mortgage holder, said it is too early to tell how the plans to reopen the park will take shape. “At this point, the lender could either [...]
An 84-acre town of LeRay property, that supposed to host a 500-unit apartment complex is scheduled for foreclosure auction Wednesday. The property at Route 11 and Waddingham Road is owned by Castles of New York LLC, which acquired the property in 2005 from Douglas Weisenberg, Orlando, Fla., who had provided the company with a $765,000 [...]
The Plymouth Radisson’s $7.1 million matured six months ago, and the owners have to come up with something very fast if they want to retain the title hotel. However, New York-based Elliot Heifetz doesn’t seem worried, at least that’s what he showed saying that negotiations with the loan’s special servicer are ongoing and the is [...]
Biscayne Harbour Shops retail center in Aventura was sold before it entered the foreclosure process. The company also used the strategy of buying its own loan to keep three other properties. The move comes after MUNB Loan Holdings, an affiliate of Bank of New York Mellon Corp. filed a foreclosure lawsuit last year against the [...]
Cummings Inc, the International Sign Service announced that its assets were sold last month through a private foreclosure sales. As part of it a new owner has taken over the Cummings Inc business, which will operate as CITISS, Inc. “The company has been struggling to deal with the credit crunch in this historically poor economy,” [...]
2011 isn’t a good year for the longtime Oshkosh furniture manufacturer Buckstaff Co as it was hit with a foreclosure lawsuit on its South Main Street factory, from a bank that seeks to recoup more than $1 million that is owed by the firm. Martin Cowie became the owner of Buckstaff Co back in 2007, [...]
Movies represent an essential part of our everyday life. And now one of the biggest movie studios are approaching a foreclosure sale. But faith somehow let the studios breath fresh air. The foreclosure sales was delayed again although it was scheduled for Thursday. The meeting scheduled for that important day in the studio’s life was [...]
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