-
Developer seeks $3.8M in damages, says bank violated agreement for Pa. property
WILLIAMSPORT-A Lycoming County firm that specializes in the development of serious estate for the restaurant marketplace is in search of far more than $3.8 million in damages professing a lender violated a ideal-of-first-provide settlement with a State College region house. Pennsylvania Expenditure Qualities II (PIP II) in a criticism submitted Friday in U.S. Middle District Court accuses Truist bank of selling the property in the 2500 block of East University Avenue without having giving it the required chance to buy it. PIP II, dependent in Williamsport, statements it paid out BB&T (predecessor to Truist) an supplemental $50,000 for the arrangement when it ordered the adjacent house for $500,000 in 2016.…
-
The Manor, an iconic L.A. mansion, seeks $165 million
In 2019, the Manor pushed Southern California’s luxury real estate market to new heights when it sold for $119.75 million. At the time, it was the priciest sale ever in L.A. County. Now, the iconic estate is back up for grabs with an even bigger price tag: $165 million. When someone spends more than $100 million on a home, their identity usually trickles out at some point, but the Manor’s owner remains unknown. Records show it was purchased by a California-based limited liability company called 594 Mapleton, but the entity behind the company is a mystery. The previous history is a bit clearer. Spanning 4.7 acres, the Holmby Hills property…
