In checking the Court Docket today, it seems that several new foreclosure cases have been filed by National City Bank against Tremont's Lori Properties, Inc., (West 6th and West 5th Street high-end condos owned by developer Sammy Catania and built by Sutton Builders). CV-09-686026 - $91,811.51
TWDC's own Development Director, Roberta Rocco and Catania Investments, Inc., will be spending time before Judge Joan Synenberg since National City Bank is taking back the West 6th Street vacant lot property too, to the tune of $85,869.51 - filed 8/13/09.
Also case No: CV-09-700847, in the amount of $53,067.70. At the TWDC Board meeting in June, Sammy (TWDC SII Development Director/Project manager)stood and out right stated that he had sold his properties in the community.