Developer looks for exit strategy from bankruptcy (The Aspen Times)
January 27, 2010 by Yahoo! News Search Results for foreclosure · Leave a Comment
ASPEN – The development company seeking approval to build a hotel at the base of Aspen Mountain’s Lift 1A is disputing its lender’s claim that the property is losing value and therefore foreclosure proceedings should resume. Aspen Land Fund II LLC filed a response last week to Alpine Bank’s earlier motion to dismiss the firm’s Chapter 11 bankruptcy case. Alpine Bank claimed in federal bankruptcy …
In Gulf Shores, Plan B looks like a winner for Hangout developer (Mobile Press-Register)
January 24, 2010 by Yahoo! News Search Results for foreclosure · Leave a Comment
GULF SHORES, Ala. — In October 2007, Shaul Zislin, who owns three corners at the main intersection here, approached city leaders and told them that he wanted to open a vast restaurant and entertainment venue, not the soaring condo towers that he had once planned by the public beach.
Bonita Bay Group renews push to sell clubs, lots to avoid bankruptcy (Bonita Daily News)
January 23, 2010 by Yahoo! News Search Results for foreclosure · Leave a Comment
It’s four down, more to go for Bonita Bay Group as it continues to fight bankruptcy. Bonita Bay Group expects to sell more of its clubs this year as part of a restructuring plan. The money generated from club sales has been going to the developer’s lenders, who were owed more than $70 million.
Bonita Bay Group renews push to sell clubs, lots to avoid bankruptcy (Naples Daily News)
January 23, 2010 by Yahoo! News Search Results for foreclosure · Leave a Comment
BONITA SPRINGS —It’s four down, more to go for Bonita Bay Group as it continues to fight bankruptcy.In December, the Bonita Springs-based developer sold its beach and golf clubs to members at Mediterra. It was Bonita Bay Group’s first turnover.With the sale, the company collected $6.8 million in cash and handed over more than $15 million in debt to club members for a Community Development …
Oft-delayed, The Round in Beaverton hits another snag (The Oregonian)
January 23, 2010 by Yahoo! News Search Results for foreclosure · Leave a Comment
FRONT PORCH BLOG:This marks the second time that the City of Beaverton’s chosen developer has failed to make good on promises for the complex of shops, offices, and condos centered around light-rail
