CHICAGO-A foreclosure lawsuit for $16.75 million has been filedagainst Joseph Freed & Associates LLC by the US Bank. The suitis related to failure of mortgage payments towards a loan taken forthe development of a hotel and residential complex at State andRandolph streets in Block 37.

|

The loan on the property had matured on January 2009. Thelawsuit was filed in Cook County Circuit Court on July 7.For the full story, go to Crain'sChicago Business.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.