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Senate Square auction gets cancelled, again

Two properties whose auctions were rescheduled to take place yesterday will go unsold, at least for now: the embattled Senate Square apartments in Benton Park, and the tornado-stricken Delmar Savoy apartment building at Delmar and Union Boulevards. The two properties have the same owner, David Shemano (identified in court documents as Pinchos D. Shemano), and […] Two properties, Senate Square in Benton Park and Delmar Savoy in St. Louis, which have the same owner, David Shemano, and are now in receivership after failing payments to their lender. The rescheduled auction was cancelled due to a receivership lawsuit currently being lodged in St Louis Circuit Court. Property management firm Aurox Equities, an investor in the properties, filed a motion to halt the receivership, sale, and intervene in the lawsuit. A judge granted this request last week and a hearing on the matter is set for Monday, Nov. 2. The attorney for the cancellation of the auction, David Unseth, stated that the lender may re-file a public notice for auctioning off the properties.

Senate Square auction gets cancelled, again

प्रकाशित : 2 घंटे पहले द्वारा Samir Knox में Business

Two properties whose auctions were rescheduled to take place yesterday will go unsold, at least for now: the embattled Senate Square apartments in Benton Park, and the tornado-stricken Delmar Savoy ap... [2322 symbols]

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