Foreclosures in Central Ohio have made workers at Gryphon USA Ltd. incredibly busy. The Columbus company specializes in helping insolvency attorneys, bankruptcy trustees and state court receivers manage foreclosed real estate. SEE MORE
By Kevin Kemper A regional builder has lost an uncompleted condominium complex to foreclosure, leaving the project’s future in question. Portrait Homes, a division of Burr Ridge, Ill.-based Pasquinelli Homebuilding LLC, had its Townes at West Albany development put into foreclosure proceedings last month after defaulting on two bank loans. A Franklin County Common Pleas [...]
After closing up shop for good late last month, Clintonville Electric is opening its doors to the public over the next three weekends for an inventory liquidation sale. The retailer shut down weeks ago after 69 years in business, and about four years after being sold to new owners and moving miles from the neighborhood [...]
By Kevin Kemper Less than a mile from a cluster of foreclosed condominiums, nearly two-dozen speculators gathered at the First Community Bank in Whitehall for a chance to pick up some real estate on the cheap. The April 8 auction of 44 units at the rundown Woodcliff complex attracted a mix of large and small [...]
By Laura Newpoff In the past 15 months, Richard Kruse has seen 152 housing units fall into receivership, bankruptcy or head for auction - not across Central Ohio, but along just one small strip of a suburban city thoroughfare. The president of Gryphon Realty Advisors pins the location from 700 S. Hamilton Road north to [...]