Monthly Archives: March 2009

Columbus offices placed in receivership

By Brian Ball A six-building office campus in northeast Columbus has ended up in receivership after lender Bank of America foreclosed on the 200,000-square-foot complex. Franklin County Common Pleas Court Judge Michael Holbrook appointed Gryphon Asset Management LLC on March 2 as receiver for the Northeast Business Center properties. SEE MORE

By Kevin Oldham|2020-12-14T10:41:36-05:00March 19th, 2009|Foreclosure, Real Estate, Receivership|Comments Off

Delaware Hotel lender opts for auction in bid to avoid taking title

By Brian Ball The lender to a foreclosed hotel in Delaware hopes a bit of extra marketing will help it avoid the typical two-step auction process to getting a troubled asset off its balance sheet. Ciena Capital Funding LLC has hired Lewis Center-based Gryphon Realty Advisors and Oklahoma-based auctioneer National Commercial Auctioneers to drum up [...]

By Kevin Oldham|2020-12-14T10:31:21-05:00March 9th, 2009|Auction, Foreclosure, Real Estate|Comments Off