A troubled multimillion-dollar luxury condo development in Anchorage’s Bootlegger Cove neighborhood will go on the market at a foreclosure auction in early January. Dubbed “The Alexis,” the planned seven-unit building on the shore of Cook Inlet has racked up about $ 4 million in construction costs, yet is only about 60 percent completed, said Nick Mystrom, a New Mexico-based developer who purchased the $ 2.4 million lien from Keystone National Group , the previous lender.

Foreclosure News

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