Terry Penrod, HER Realtors: Information for my clients, friends and family about real estate, politics, LGBT equality and sometimes just fun stuff.
Friday, February 18, 2011
Business First: Ibiza slapped with foreclosure lawsuit by county seeking unpaid property taxes
The financial fallout of the scrapped Ibiza condominium tower has deepened with the filing of a foreclosure for unpaid property taxes and several more lawsuits from would-be buyers over the past few months.
Even so, the property’s lender still hopes a revised project can succeed on the Short North site.
Franklin County Treasurer Ed Leonard’s office filed foreclosure lawsuits Feb. 8 against Apex Realty Enterprises LLC for more than three years of unpaid taxes on the site at 830 N. High St. and a neighboring property at 26 E. Hubbard Ave.
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