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Senior apartments in Rocky River, Richmond Heights face lender woes


Senior apartments in Rocky River, Richmond Heights face lender woes
Stan Bullard
The Harbor Court assisted living center in Rocky River is one of two Northeast Ohio properties that Fannie Mae seeks to foreclose upon and sell to make good on loans it backed. Harbor Court and The Waterford in Richmond Heights are owned by Capital Senior Living, a Dallas-based public company.
Forbearance, or a loan payment holiday, is a key way lenders deal with distressed commercial properties during downturns, especially in 2020 in the rapid run-up to a national recession during the pandemic.
However, forbearance has finally run out for the six-floor Harbor Court and the two- and the three-story Waterford assisted living centers for seniors in Rocky River and Richmond Heights, respectively. Both were given forbearance from March to July 31 of last year. ....

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Man gets life sentence after pleading guilty to beating 94-year-old WWII veteran to death


By CORY SHAFFER | cleveland.com | Published: January 19, 2021
CLEVELAND, Ohio (Tribune News Service) A judge sentenced a Parma man to life in prison Tuesday after the man pleaded guilty to beating a 94-year-old World War II veteran to death last April during a home invasion in Cleveland’s Old Brooklyn neighborhood.
Michael Dudas, 42, pleaded guilty to aggravated murder, aggravated robbery and misuse of credit cards in the killing of Charles Vonderau, a former owner of hardware store in Lakewood and U.S. Navy veteran who served as a Yeoman Second Class on the U.S.S. Bangust warship in the Pacific Theater, according to his obituary. ....

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