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Company Neglected Properties Acquired In Foreclosure, City Says - Latest News

Company neglected properties acquired in foreclosure, city says

The Columbus city attorney's office has filed a complaint against a corporation based in Nebraska and Columbus that owns 11 blighted properties here and created companies to shield it from liability. ... read more

New company building modular homes on vacant lots in north Minneapolis

A Twin Cities start-up construction company is launching an effort to fill hundreds of vacant lots in north Minneapolis — remnants of the city’s predatory lending and foreclosure crisis — with factory ... read more

Owner of former Echelon Mall, called 'slumlord' in Fla., taps overseas cash to become nation's biggest mall buyer

In other parts of the country, malls acquired by Namdar have suffered sewage ... But lawsuits filed by would-be tenants at the property don’t portray a company bent on reinvesting in neglected malls. ... read more

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Land Bank: seeking productive uses for countless “ugly duckling” properties

As Kansas City copes with ... of about 400 properties, its inventory has grown to more than 4,200 (3,100 vacant lots and about 1,000 structures), as it adds more foreclosures each year than it sells. ... read more

Shopko Plaza acquired by Texas firm

The 10.9-acre property was acquired by Stafford, Texas-based Key Star Capital on May 18 through a deed in lieu of foreclosure ... neglected over the last several years," Sauthoff said. As for specific ... read more

Columbus-owned land-bank properties becoming eyesores

Kowalczuk and others say they understand why the city acquired abandoned homes during the housing crash. But they don't understand why it continues to accumulate property when private demand is huge, ... read more

Foreclosures peak in Wyoming

"We acquired the property through foreclosure and have taken measures to secure both it and the grounds until it can be sold," said Brazil. Laurel Lunstrum says gutting ... them OK." City concerns The ... read more

Bowser Orders Review Of All Properties Owned By Slumlord

Bowser ordered city inspectors to review the more than 1,300 apartments the company owns ... which Sanford only acquired in August of 2015, say that if the administration had addressed the problems at ... read more

City Securities Insurance Acquired

property & casualty, retirement and individual private client solutions. The company did not say whether any other jobs would be affected by the acquisition. In September, the former parent of City Se... read more

Group alleges bias in Bank of America’s handling of KC area foreclosures

Bank of America staunchly denied the allegations. The complaint says Bank of America neglected basic maintenance tasks in its foreclosures in ... In the Kansas City area, the complaint involves 14 pro... read more

How Resorts, Atlantic City's first casino, is still in the game

Casino workers — who weathered the loss of 10,000 jobs, fled to other jurisdictions, lost homes, floundered ... Caesars, parent company of Caesars, Bally’s, and Harrah’s casinos in Atlantic City, told ... read more

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