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Port Charlotte office complex sold out of foreclosure

    Home Real Estate Law Port Charlotte office complex sold out of foreclosure
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    Port Charlotte office complex sold out of foreclosure

    By joncoats | Real Estate Law | Comments are Closed | 30 July, 2013 | 0

    Michael Braga | Herald-Tribune |

    AC75B84E-2C3B-4603-85AA-F6EF73749E74-300x225

    “Golden Key Properties, a Rotonda West company managed by Andreas Kirchbeger, bought a 44,317-square-foot office condo complex at 942 Tamiami Trail in Port Charlotte out of foreclosure for $3 million.

    The property previously belonged to CDR of Southwest Florida LLC, a Port Charlotte company managed by Dean R. DeGross and Carol J. Dunn, that bought the land for $770,000 in December 2003 and erected the office condo complex in 2007.

    A subsidiary of BB&T hit CDR of Southwest Florida with a $9.75 million foreclosure judgment in November 2011 and seized the property three months later.”

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