US sells one-of-a-kind Wu-Tang Clan album to satisfy forfeiture judgment of ‘Pharma Bro’
ABA Journal Daily News
Public company sells 58 homes in Broward to private equity firm
SRP SUB LLC, an affiliate of Dallas-based Invitation Homes , sold the properties to Cerberus SFR Holding II, an affiliate of New York-based private equity firm Cerberus Capital Management. The price equated to $ 215,172 per home. Foreclosure News
Stamford Marriott property sells for eight figures
The site of the Stamford Marriott hotel at 243 Tresser Blvd., in the city's downtown, has sold for $ 31.6 million. The site of the Stamford Marriott hotel at 243 Tresser Blvd., in the city's downtown, has sold for $ 31.6 million. Foreclosure News
Zombie Bay Street office building sells for $1.25M
The zombie office building at 365 Bay St. in Stapleton, which was constructed at least 10 years ago and has laid dormant ever since, was just purchased for $ 1.25 million, according to the Realtor who brokered the deal. Michael Schneider, broker/owner of the New Dorp-based Schneider Realty Services, said international investors purchased the property […]
LI office complex sells at auction for $15.7M
An entity controlled by Rallye Auto Group was the high bidder at a foreclosure auction last month to purchase the two buildings, 125 and 131 Jericho Turnpike, according to real estate sources. Constructed in 1967, the five-story buildings, which total 103,580 square feet on close to 4 acres, are about 75 percent occupied. Foreclosure News
Chase Tower, Arizona’s tallest building, sells in foreclosure deal for $79 million
Chase Tower sold for almost $ 79 million through a foreclosure deal. Its new owners said plans are underway to renovate the 40-story tower built in 1972. Foreclosure News
Green Flash Brewery sells assets in foreclosure
Green Flash Brewery has been sold to a new investment group, continuing a turbulent start to the year for the San Diego-based brewery. The company announced Monday the finalized sale to the group made up of “individuals with extensive experience” in craft beer and food and beverage industries. Foreclosure News
$2 million surge in 2 years: Wiederhorn’s foreclosed mansion sells for $4 million
Some people are calling it a monumental flip: The storied Southwest Portland Ivy estate, with 24,000 square feet of living space and a well-recorded history of ups and downs, sold in October 2017 for $ 4,072,000. Just two years before, in October 2015, after the owner had long defaulted on payments, the property at 4311 […]
John Hartness Brown complex on Euclid Avenue sells after years of litigation, vacancy
One of downtown Cleveland's worst eyesores finally changed hands Monday, after years of court fights and false redevelopment starts. Alto Partners bought the long-vacant John Hartness Brown complex on Euclid Avenue for $ 9.1 million, in a deal that sprang from a messy foreclosure fight . Foreclosure News
Strongsville Corporate Center, now vacant, sells to New York buyer as settlement averts foreclosure
The new owner of Strongsville Corporate Center is hoping that a financial reset and potential for nearby development will turn vacancy into an opportunity. An affiliate of Somera Road, Inc. , a New York-based buyer with an appetite for troubled real estate, bought the 125,000-square-foot office building on June 8, according to property records. Foreclosure […]