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02/28/10
Foreclosure is looming for Hotel Monroe site
Filed under: General, Real Estate
Posted by: Lillian Wong @ 3:58 pm

A downtown Phoenix 1931 bank building that was entangled in Mortgages Ltd.’s collapse appears headed for foreclosure.

The 12-story Professional Building at 15 E. Monroe St. is scheduled to be auctioned on April 20, according to a notice of trustee sale filed at the Maricopa County Recorder’s Office. The notice is the first step in the foreclosure process.  more…



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