Submitted By: Allen Rosetti Over the past 25 years Richard Kruse has liquidated assets worth in excess of $2 billion dollars. His amazing career is a testament to the variety of opportunities available in the distressed property industry. His specialty has been court directed asset sales that include foreclosures, bankruptcies, and probate. He has managed the liquidation [...]
By Dan Eaton - Columbus Business First Another Central Ohio event venue is closed for good. Tall Timbers Banquet & Conference Center, a roughly 300-person capacity space at 13831 National Road SW near Reynoldsburg, has been shuttered and much of its furniture, furnishings and equipment is up for auction. SEE MORE
By Brian Ball The sale of 3,000-plus pieces of furniture, equipment and other items in the shuttered Franklin County Veterans Memorial should yield more than $25,000 after an auction this week. Gryphon USA auction house President Rich Kruse told me the leftovers from the 300 W. Broad St. facility’s 59 years of service as a tribute to veterans, [...]
Gryphon USA, Ltd., announces the merger of Gryphon Realty Advisors into the ongoing operations of Borror Properties Real Estate. Gryphon Realty primarily lists and sells distressed assets in insolvency situations while Borror has had more of a development and property management focus. SEE MORE
By Kevin Kemper A former sports merchandising firm has reached an out-of court settlement with Ohio State University, but the accord is being challenged by a former business partner that says it’s owed $5.3 million. After reaching a settlement in September with Ohio State, Columbus-based Silver Knight Sales and Marketing Ltd. is planning to liquidate [...]
By Dan Eaton Thom Coffman once owned two restaurants, a popular bar and had dreams of building and owning a hotel and condominium complex. Two years later, his empire is down to his flagship Clarmont restaurant in Columbus. The restaurateur’s Grandview Heights-area dining spot, Thom’s on Grandview, has gone into receivership and closed, while other [...]
By Kevin Kemper Mike DiSabato, a former OSU wrestler, placed his Silver Knight Sales and Marketing Ltd. business into receivership March 20, putting six employees out of work. The Columbus company made collegiate merchandise and at one time held rights to sell Ohio State football jerseys and other goods. SEE MORE
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
