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troutman · 09-19-2011, 03:45 PM

Part of Glendale Westgate City Center repossessed by lender

http://www.azcentral.com/community/g...possessed.html

Westgate City Center, the Glendale entertainment complex that serves as a pre-game party destination, is now partially lender-owned after a foreclosure auction Monday.

The lender iStar Financial took back the property from the developer, the Ellman Cos., after setting a minimum bid of $40 million and receiving no offers.

09-19-2011, 03:45 PM	#155
troutman Unfrozen Caveman Lawyer Join Date: Oct 2002 Location: Crowsnest Pass Exp:	Part of Glendale Westgate City Center repossessed by lender http://www.azcentral.com/community/g...possessed.html Westgate City Center, the Glendale entertainment complex that serves as a pre-game party destination, is now partially lender-owned after a foreclosure auction Monday. The lender iStar Financial took back the property from the developer, the Ellman Cos., after setting a minimum bid of $40 million and receiving no offers.