A Greenwich, Conn.-based private-equity firm has filed a foreclosure lawsuit to collect $6.06 million on a construction loan it says is unpaid for a completed condominium project in Arlington Heights.
Silver Point Capital L.P. alleges that Arlington Heights-based Gettysburg Development Corp. defaulted on the loan, although the reasons for the default could not be determined, according [...]
Entries Tagged as 'Arlington Heights Real Estate'
Private Equity Firm Has Filed Forclosure Lawsuit on a Construction Loan in Arlington Heights
October 13th, 2008 · No Comments
Tags: Arlington Heights Real Estate
Arlington Heights Real Estate
September 5th, 2008 · No Comments
Arlington Heights has experienced a recent boom in development of condominiums, restaurants and other businesses in the Central Business District or downtown area of Arlington Heights, with restaurants experiencing the greatest overall success. Although land and space is now limited in Arlington Heights; business and community development along with community design are key concerns of [...]