A portion of the Cortland Manor Apartment complex in north Hagerstown is scheduled for a foreclosure auction April 19, according to a legal notice issued by a Washington DC law firm, Seyfarth Shaw LLP. The auction targets 18 buildings containing 216 three-bedroom apartments, representing half of the 36 building, 431-unit complex completed in January 2010. [...]
Brad Friedel’s former soccer academy will go for sheriff’s sale Apr. 27 with an asking price starting at a little more that $4.8 million. This amount, however, won’t cover the $9.5 million in full, amount owned by Friedel to his creditors on the sprawling complex that sits on a 30 acres property and opened 4 [...]
The Commercial Real Industry is suffering – the most obvious finding by financial experts and research firms. But the questions most difficult to answer even by experts are – how much and what the trend is indicating. The monthly CoStar Commercial Repeat-Sale Indices (CCRSI) try to answer these questions fairly, but not accurately as there [...]
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