Foreclosure Market

Foreclosure Looms Over Flaherty & Collins’ Skyscraper in Indianapolis

Foreclosure Market
Prime Finance is filing a $101 million lawsuit, claiming the real estate developer defaulted on payments for the 27-story building. Flaherty & Collins’ marketing director, Nina Settappa, mentioned that rising…

Investor Boruch Drillman Fights to Stop Foreclosure in Chicago

Chicago - IL
A lender is attempting to seize an industrial property after issuing a loan of nearly $8 million for a property that is 66% leased. Boruch “Barry” Drillman, an investor who…

The Meidinger Tower in Louisville Declares Bankruptcy

Foreclosure Market
Located at 462 S. Fourth St, in downtown Louisville, Kentucky, the Meidinger Tower is now under court management due to numerous financial difficulties. Since last year, the tower’s owners have…

Foreclosure looms over an apartment complex in Oklahoma City

Foreclosure Market
The Alora apartment complex, located at 6303 NW 63rd St, Oklahoma City, faced significant challenges last year that pushed it toward a foreclosure process that would greatly impact thousands of…