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New developer buys Town & Country parcel in Sunnyvale for $19 million

August 31, 2010 By Yahoo! News Search Results for foreclosure Leave a Comment
A San Francisco development company has bought part of the former Town and Country shopping center in downtown Sunnyvale for $19 million, with plans to put 280 housing units and possible street-level retail on the site.
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Middle-class NYC apartment complex sold at auction (Seattle Times)

March 12, 2010 By Yahoo! News Search Results for foreclosure Leave a Comment
The developer of a high profile middle-class Harlem apartment complex has lost ownership of the property after defaulting on the mortgage.
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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 ...
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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.
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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.
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