Colorado eyes foreclosure against troubled Pueblo water company | Colorado Springs News

An Arkansas Valley water and land company has left Colorado on the hook for nearly $1.4 million in delinquent loan payments and emergency dam repair bills, and may face a rare foreclosure proceeding by the Colorado Water Conservation Board.

At issue are two state deals, including a loan from the CWCB that has a remaining balance of $622,000 and an unpaid bill involving the Division of Water Resources and the CWCB’s emergency dam repair fund that has a remaining balance of nearly $750,000, according to the state.

Two Rivers Water & Farming Company, which has a history of chronic late payments, this year failed to make any payments on the $622,000 loan and has missed several payments on the emergency dam repair bill, according to the CWCB.

Greg Harrington, Two Rivers’ chief executive officer, did not respond to requests for comment.

In a letter to shareholders late last summer Harrington

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Register of Deeds promotes foreclosure assistance programs

Community Content
 |  Wicked Local

Register of Deeds William P. O’Donnell recently reminded Norfolk County homeowners who are struggling to pay their mortgage or facing foreclosure that there are consumer programs available to help them out.

“The COVID-19 pandemic has caused a great deal of upheaval in all our lives,” O’Donnell said. “Some more than others. Some of our neighbors have been furloughed or lost their jobs all together due to the economic impact resulting from the COVID-19 pandemic. In the beginning of the pandemic, policy makers at the state and federal levels recognized the impact the pandemic was having on the ability of many to pay their mortgages and rents. A moratorium was put in effect which suspended foreclosure and eviction proceedings.” 

The moratorium expired on Oct. 17.

“While the pandemic has been ongoing, the Norfolk Registry of Deeds has been working in close cooperation with Attorney General Maura

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Foreclosure jolts Milpitas mixed-use project

MILPITAS — A lender has seized ownership of a Milpitas townhouse development site through the foreclosure of a loan for the mixed-use project.

The property that suffered a foreclosure is the site where a project of townhomes and retail had been proposed at 808 S. Main St. in Milpitas, Santa Clara County documents show.

The mixed-use development was slated to include 27 townhomes and 1,800 square feet of ground-floor commercial space at a prominent Milpitas site.

Greenlake Real Estate Fund, which in 2019 provided $17.85 million in financing for the property, wound up owning the site as a result of the foreclosure proceeding, public records filed on Nov, 17 show.

A growing number of Bay Area properties, including some big hotels, are being haunted by the specters of mortgage delinquencies and foreclosure amid coronavirus-linked economic uncertainties and business shutdowns.

The project’s developer, Eighty-Eight Homes, filed for bankruptcy in August 2020,

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Richard M. Weaver Bankruptcy Attorney Is Rated Top Among Debt Relief And Foreclosure Prevention Law Firms

(MENAFN – GetNews)

Dallas, TX – A lot of things can cause a person to lose their financial standing and stability. When such occurs, having the right information can make a world of difference. With many people battling growing debts and harassment from collection agencies and creditors, Richard M. Weaver Bankruptcy Attorney offers its services to help such people. They do everything possible to navigate the murky waters of debt by helping them to seek debt relief and preventing foreclosures on their property.

Richard M. Weaver Bankruptcy Attorney has a long history of helping the members of the Dallas, Texas community who are dealing with bad debt. The attorney has been successful over the years due to the unique approach to handling each case that comes into the law firm.

By taking a personalized approach to handling legal needs, Richard M. Weaver Bankruptcy Attorney has been able to deliver the

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Moms 4 Housing mark anniversary with march to foreclosure auction

A year after a group of homeless Oakland moms grabbed hearts and headlines by seizing a vacant West Oakland house, Moms 4 Housing and some supporters marked the anniversary by marching on the René C. Davidson Courthouse Tuesday to disrupt a foreclosure auction in the rain.

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Oakland’s Moms 4 Housing mark movement’s anniversary with march to foreclosure auction

A year after a group of homeless Oakland moms grabbed hearts and headlines by seizing a vacant West Oakland house, Moms 4 Housing and some supporters marked the anniversary by marching on the René C. Davidson Courthouse Tuesday to disrupt a foreclosure auction in the rain.

No one showed up for the twice-weekly auction on the courthouse steps, so the housing activists counted it as a victory — one of many the group has tallied since it took over the house.

“This is typical — they see us coming, they start a-running,” said Alia Phelpa, a member of the Moms group.

Since last Nov. 17, when four homeless moms moved into a rundown home in the process of being fixed up and sold for a profit by the owner, Wedgewood Properties — the Moms have experienced many victories, including attracting national attention and support for their cause of housing homeless

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Register O’Donnell promotes foreclosure assistance programs

Community Content
 |  Wicked Local

Register of Deeds William P. O’Donnell reminded Norfolk County homeowners who are struggling to pay their mortgage or facing foreclosure that there are consumer programs available to help them out.

“The COVID-19 pandemic has caused a great deal of upheaval in all our lives,” said O’Donnell. “Some more than others. Some of our neighbors have been furloughed or lost their jobs all together due to the economic impact resulting from the COVID-19 pandemic. In the beginning of the pandemic, policy makers at the state and federal levels recognized the impact the pandemic was having on the ability of many to pay their mortgages and rents. A moratorium was put in effect which suspended foreclosure and eviction proceedings. However, this moratorium expired on Oct. 17”

“While the pandemic has been ongoing,” said O’Donnell, “The Norfolk Registry of Deeds has been working in close cooperation with Attorney

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Sarasota Square mall loses H&M store

Another major tenant has left Sarasota Square as the mall continues to battle a foreclosure lawsuit in court. 

H&M, which had one of the bigger stores inside the quiet south Sarasota mall, has packed its bags. It joins Old Navy and Hollister on the list of stores that have closed in 2020. 

In August, lender U.S. Bank National Association filed a foreclosure suit against mall owner Unibail-Rodamco-Westfield of Los Angeles, saying the mall was more than $43.3 million under its loan agreement, including an outstanding principal balance of $38 million, $3.6 million in prepayment consideration and various other fees as of July 1.

A Zoom hearing in the case is scheduled for Friday. 

There are several major retail chains that still have a presence at Sarasota Square, including JCPenney, which has a Sephora store inside, Journeys, Bath & Body Works, Claire’s, Hot Topic, Spencer’s, Torrid, Rack Room Shoes, LensCrafters and

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Marley Station Mall Faces Uncertain Future

GLEN BURNIE, MD — The coronavirus pandemic has hampered many businesses, among them Marley Station Mall, the 364,000-square-foot mall at Routes 2 and 100 in Glen Burnie. The mall lapsed into foreclosure this year and the owner, Marley Station Mall LLC, a subsidiary of G.L. Harris, filed for bankruptcy. But the mall was purchased by a local investor at auction for $1.65 million this fall shortly thereafter.

Now, the local investor has discovered that the bankruptcy filing in Texas has put a stop to the foreclosure auction sale. The Marley Station property holds two loans: one for $15.6 million and the other for $1.6 million. It is the second loan that was foreclosed on. If the sale is upheld, the investor must pay the remaining $15.6 million, Paul Cooper of Alex Cooper Auctioneers, which handled the auction, told Biz Journals.

G.L. Harris, the Dallas-based investor, bought the mall in 2017

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Troubled Southridge Mall will be given to its lender through a deed in lieu of foreclosure, report says

Southridge Mall’s ownership will be transferred to its lender through a deed in lieu of foreclosure, according to a new report — following an earlier report forecasting the same fate for the financially troubled property.



a group of people standing in front of a store: Round 1 and Dick's Sporting Goods are among the new tenants in Southridge Mall's redeveloped former Sears store.


© Tom Daykin / Milwaukee Journal Sentinel
Round 1 and Dick’s Sporting Goods are among the new tenants in Southridge Mall’s redeveloped former Sears store.

Simon Property Group Inc., which operates Southridge, recently disclosed plans for a  “friendly foreclosure” for the Greendale mall and two other malls outside Wisconsin.

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That’s according to a report from New York-based Kroll Bond Rating Agency.

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The financial performance of Southridge and the other malls has deteriorated significantly since Simon used the properties as collateral for the loans, the report said.

It also said Southridge has a 73% “in-line” occupancy rate.

“An in-line occupancy rate below 75% represented our

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