St. Francis Hospital pulled from tax sale
The former St. Francis Hospital property has been pulled from Friday’s county judicial tax sale after an emergency appeal filed by the property owner.
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The former St. Francis Hospital property has been pulled from Friday’s county judicial tax sale after an emergency appeal filed by the property owner.
For Tim Fulkerson, it’s an all too familiar story.
Michael Mota’s public company is making all kinds of claims to investors and the OTC markets about what it’s doing with the former Memorial Hospital. But those claims aren’t true — and that’s a problem under federal securities laws.
“We welcome the Attorney General’s participation in this foreclosure procedure that we presented to the court,” said Michael Mota, the founder of Memorial Real Estate Group LLC. “We all have to be on the same team if this building is going to work for everyone in the state.”
Memorial Real Estate Group, a company founded by R.I. businessman Michael Mota, announced this week that it has renovated part of the former hospital building in Pawtucket for use by Amos House. But the state’s housing department and the homeless services provider both say they are not working with Mota on the project.