A Hennepin County judge has appointed an administrator to oversee 17 apartment complexes owned by a Minneapolis landlord under fire by tenants and city regulatory authorities. The receivership covers more than a quarter of Stephen Frenz's properties in Minneapolis and includes 436 apartment units.
North Carolina's House speaker wouldn't say at first why the Republican-led General Assembly cut much of the state funding legal aid groups use to help low-income clients facing evictions and other legal trouble in civil court. The $ 1.6 million cut in the final state budget in June was approved with little or no debate,…
North Carolina hoteliers Colin and Deanna Crossman have acquired the Resort on Mount Charleston, some 40 miles northwest of the Strip, from The Siegel Group. North Carolina hoteliers Colin and Deanna Crossman acquired the Resort on Mount Charleston, about 40 miles from the Las Vegas Strip. Foreclosure News
ABA Journal Daily News
Shortly into the new millennium, the future looked hopeful for Perth Amboy, N.J., a city on Raritan Bay a skipping stone's throw from Staten Island. As part of a larger revitalization plan, the town's mayor at the time, Joseph Vas, promised a $ 600 million development at the water's edge, with 2,200 housing units, shops,…
The debt lender for the 1401 Elm St. building in downtown Dallas has filed public records stating that the building's developer is in default on a $ 55 million loan for the property. These records do not indicate foreclosure, however, they do indicate an administrative step towards that end. Foreclosure News
Big investors are valuing homes with a method outlawed for everyone else after the housing crash – and the SEC is asking questions Large investors are increasingly using so-called broker price opinions to value and purchase thousands of homes on the brink of foreclosure. A method of valuing homes that was outlawed for most people…
