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Home / News / Legal News / The latest on Morgan: a delinquency, a possible sale, finalized package sale

The latest on Morgan: a delinquency, a possible sale, finalized package sale

The $29.1 million loan on one of the few remaining properties wholly under the management of Robert Morgan's Morgan Communities went delinquent in August and the lender is preparing to foreclose, according to the latest advisory from Trepp. Rivers Pointe Apartments Phase II in the Syracuse suburb of Liverpool is the fourth-largest commercial mortgage backed securities ...

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