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Former Illinois Hospital to Be Auctioned in Bankruptcy Sale

Former Illinois Hospital to Be Auctioned in Bankruptcy Sale

by Phil Hall | Jun 17, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

An Illinois hospital that closed in 2023 after 120 years in operation is being put up for auction in a Chapter 11 bankruptcy sale. The former St. Margaret’s Health Hospital in Spring Valley, Illinois, encompasses a five-story former hospital plus an adjacent two-story...
Brooklyn’s Tallest Building Going to Public Foreclosure Auction

Brooklyn’s Tallest Building Going to Public Foreclosure Auction

by Phil Hall | Mar 29, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The tallest building in Brooklyn is facing a public foreclosure auction after its developer defaulted on a mezzanine loan. According to a GlobeSt.com report, the property in question is the 93-story residential Brooklyn Tower, which was completed last year by JDS...
Real Estate Company Bids $4.9 Million for Bankrupt University’s Campus

Real Estate Company Bids $4.9 Million for Bankrupt University’s Campus

by Phil Hall | Dec 29, 2023 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

A federal bankruptcy court in West Virginia has scheduled a hearing for the possible sale of a defunct university’s campus. The Associated Press reported a court-appointed trustee filed a motion to sell the land and assets once belonging to Alderson Broaddus...
Auction Scheduled for Jacqueline Kennedy’s Georgetown Mansion

Auction Scheduled for Jacqueline Kennedy’s Georgetown Mansion

by Phil Hall | Oct 6, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The luxury home purchased by First Lady Jacqueline Kennedy following the assassination of President John. F. Kennedy will be the subject of a no-reserve auction on Oct. 24. The property is based in the Georgetown section of Washington, D.C., and was designated as a...
7,428 Acres of Wisconsin Farmland to be Auctioned in August

7,428 Acres of Wisconsin Farmland to be Auctioned in August

by Phil Hall | Jul 5, 2023 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Approximately 7,428 acres of Wisconsin farmland will be offered in a two-session auction from Aug. 23-24. Schrader Real Estate and Auction Co. is marketing the land, which will span six counties – Barron, Dunn, Polk, Chippewa, Marathon and Clark. “The land is owned by...
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