Afternoon Briefs: Suit tossed over ‘stateless’ BigLaw partners; Lafayette Square claims dismissed
ABA Journal Daily News
ABA Journal Daily News
The Duval County foreclosure auction scheduled Thursday of the Metro Square office park along Philips Highway at Emerson Street in Jacksonville was canceled. No information about a new auction date is on the clerk of courts website, but Craig Meek of The Meek Companies, the firm that manages the center, said the auction is rescheduled […]
SL Green Realty Corp. obtained $ 150 million in first mortgage financing for 2 Herald Square, received from MUFG Union Bank, according to Real Capital Analytics. The real estate firm also sold a 49% stake in the property to an unnamed Israeli institutional investor. Foreclosure News
The Enfield Square Mall, which has lost major anchor tenants and was taken over in a foreclosure in 2016, is going on the auction block. The Enfield Square Mall, which has lost major anchor tenants and was taken over in a foreclosure in 2016, is going on the auction block. Foreclosure News
SL Green Realty has landed a $ 150 million loan for 2 Herald Square, which the firm acquired the leasehold of through a foreclosure auction. MUFG Union Bank, which previously provided a $ 25 million gap mortgage on the 369,000-square-foot property, provided the real estate investment trust with the new financing. Foreclosure News
However, the Bayou City is teeming with turn-key ready, luxury properties under foreclosure from the suburbs to River Oaks. Foreclosure News
The office park along Philips Highway at Emerson Street in Jacksonville was set to be sold to the highest cash bidder at a Duval County auction Thursday. According to Duval court filings, co-defendants Metro Park Holdings LLC, Hart Advisors Group LLC, Michael Fischer and unknown tenants failed to make payments on a $ 48 million […]
Wells Fargo has filed suit seeking to foreclose on Towne West Square after its owners didn't make payments as promised into accounts set aside for improvements and repairs. Towne West Square LLC failed to pay into two reserve accounts tied to a $ 51 million loan taken out in 2011 on the 941,000-square-foot property at […]
Metro Square, the large office park along Philips Highway at Emerson Street in Jacksonville, is being foreclosed on and will be sold to the highest cash bidder Aug. 30. According to Duval County Circuit Court filings, co-defendants Metro Park Holdings LLC, Hart Advisors Group LLC, Michael Fischer and unknown tenants failed to make payments on […]
Matter Real Estate Group is developing industrial projects in the Las Vegas Valley, and its project at 4325 Corporate Center Drive in North Las Vegas, seen above, was recently completed. Through his old firm Centra Properties, Stuart teamed with actor George Clooney and others in 2005 on Las Ramblas, a $ 3 billion hotel-condo project […]