By Elias DaSilva | September 16, 2024. A financial storm is brewing for Cyclone Investment Group, as it risks losing 600 housing units following the disappearance of its online presence. Two of the multifamily investor’s properties in San Antonio, The Grove and Westlake Villas, are scheduled to be sold through foreclosure. According to Bexar County […]
By Elias DaSilva | September 16, 2024. Without a miracle, bankruptcy could be the only remaining option to prevent Plaza Mariachi from facing a foreclosure auction scheduled for Tuesday at 11 a.m. Mark Janbakhsh, the owner of Plaza Mariachi, secured $11 million in loans from First Financial Bank during the creation of what has become […]
By Elias DaSilva | September 16, 2024. Foreclosure cases in North Carolina surged by nearly 85% compared to the previous year. In North Carolina, one in every 8,175 homes is currently facing foreclosure. The state ranks 26th nationwide for its foreclosure rate. Although foreclosure completions have reached their peak since March 2024, they remain less […]
By Elias DaSilva | September 16, 2024 After the foreclosure ruling on the Serenata Beach Club was issued to North American Trading Group Inc., the owners of the property, the auction of the property was carried out. Located in Jacksonville, specifically in Ponte Vedra Beach, the club was sold for $1.5 million. Despite the owners […]
