Lender sells $60M note on 'abandoned' Wadsworth apartment project
The 350-unit apartment complex in Lakewood is two-thirds complete, its receiver says, after the bank put another $750K to stabilize it.
Source: businessden.com
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$60M apartment project in Lakewood "all but abandoned," lender says
Construction on a $60 million apartment complex along Wadsworth Boulevard “has come to a standstill due to infighting” and been “all but abandoned,” its lender alleges.
Source: denverpost.com
$60M apartment project in Lakewood 'all but abandoned,' lender says
A 350-unit project “has come to a standstill due to infighting,” lawsuit alleges.
Source: businessden.com
Patrick Nelson Fights With Students, Investors, and a Big Hedge Fund
Investors say Nelson Partners owes them tens of millions, and student tenants complain about poorly run properties. Now a $54 billion investment firm is in the mix.
Source: nytimes.com