Palm Beach Community Church in Midtown on PGA Boulevard is facing a foreclosure lawsuit. The non-profit church owes about $11.3 million in principal, about $846,000 in interest and about $58,000 in late charges, the complaint filed by PNC Bank in the Palm Beach County Judicial Circuit alleges. The original promissory note the church signed un [...]
Stabfund Inc., the mortgage holder filed a complaint against Omphoy Ocean Resort in July. According to the suit the South End property’s owner is in default on the $60 million note. This suit will be followed by a possible foreclosure. The court filing talks about the Omphoy to recently inform the bank, that it would [...]
According to latest news reports appearing in San Marcos Daily Record, commercial property foreclosure listings have mushroomed in Travis, Hays, Bastrop and Williamson counties during the first six months this year, as per tracking Austin Metro by Foreclosure Listing Service (FLS) – an Addison-based firm. The figures go to show that Hays County commercial foreclosures [...]
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