[Download] "In re Woodbrook Associates" by United States Court of Appeals for the Seventh Circuit # Book PDF Kindle ePub Free
eBook details
- Title: In re Woodbrook Associates
- Author : United States Court of Appeals for the Seventh Circuit
- Release Date : January 18, 1994
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 67 KB
Description
ZAGEL, District Judge. Woodbrook Associates ("Woodbrook"), is an Indiana real estate limited partnership whose sole asset is the Woodbrook Apartments constructed in 1980 in Indianapolis. The apartment complex was primarily funded by a first mortgage loan of $5,559,700.00, at 7.5 percent, insured by the United States Department of Housing and Urban Development (HUD). Woodbrook Apartments failed to generate the expected income levels, the partnership defaulted, and the original mortgage holder assigned the mortgage in 1988 to HUD.
![](http://pinterest.com/pin/create/button/?url=https://ytkkmcavej.blogspot.com/2021/08/download-in-re-woodbrook-associates-by.html&media=https://is4-ssl.mzstatic.com/image/thumb/Publication/v4/b4/2d/b5/b42db5c8-b2f0-1f69-89c6-01af9ba1cf8e/source/700x700bb.jpg&description=[Download] "In re Woodbrook Associates" by United States Court of Appeals for the Seventh Circuit # Book PDF Kindle ePub Free){kind=link}