Auction Scheduled for Loan on Centre at Lake in the Hills

LAKE IN THE HILLS, IL-The loan on the Centre at Lake in the Hills, a Dominick's Finer Foods-anchored shopping center located at 101 N. Randall Road, is scheduled for auction in November 2011.

By GlobeSt News Hub | October 27, 2011 at 01:01 AM

LAKE IN THE HILLS, IL-The loan on the Centre at Lake in the Hills, a Dominick's Finer Foods-anchored shopping center located at 101 N. Randall Road, is scheduled for auction in November 2011. The owners of the center last paid the loan payment in February 2011. The unpaid balance on the loan is $15.1 million. The starting bid for the loan is $2.5 million.

LNR Partners LLC is the special servicer for the loan offered by Wachovia Bank N.A. in 2005. For the full story, go to Crain's Chicago Business .

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