Arizona Real Estate News Access
All the real estate and mortgage news you need to know in Arizona
Categories:

Archives:
Meta:
April 2024
S M T W T F S
« Oct    
 123456
78910111213
14151617181920
21222324252627
282930  
04/11/10
Centerpoint’s auction yields no bids; lender forced to take over project
Filed under: General, Real Estate
Posted by: Lillian Wong @ 5:55 pm

The Centerpoint condominium towers in downtown Tempe failed to sell at a foreclosure auction Tuesday, forcing the lender, ML Manager LLC, to take over the property.

Peoria-based ML Manager, the successor to real-estate lender Mortgages Ltd., asked a minimum bid of $8 million to sell the property at the foreclosure auction. Because there were no bidders, ML Manager now owns the property.  more…


Bookmark and Share
Subscribe

share

Leave a Reply