Linggo, Mayo 31, 2015

Another lawsuit springs up around foreclosed Downer Avenue buildings

With a foreclosure auction pending in late June for retail properties he partially owns along Downer Avenue, Milwaukee developer Joel Lee filed a lawsuit alleging the lender’s agents have refused to perform needed maintenance on the buildings. The lawsuits involve buildings on North Downer Avenue on Milwaukee’s lower east side that have a substantial number of storefronts along a two-block retail stretch. A Milwaukee County court in November foreclosed the retail spaces in the properties, appointing…

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