Thursday, June 13, 2024

Mortgage spat puts downtown building on market

The four-story office building 1020 Bolivar next to Downtown Cleveland’s Erie
Street Cemetery and the under-construction Ten60 Bolivar apartments has hit the
market after a receiver was approved by a court to oversee the property’s sale to
help resolve a foreclosure (Newmark). CLICK IMAGES TO ENLARGE THEM.

In a weak office market, another office property has been listed for sale. But this time, a Downtown Cleveland property is hitting the market because Cuyahoga County Common Pleas Court Judge Cassandra Collier-Williams ordered it to, so as to resolve a foreclosure complaint.


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