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With new Loveland city council, developer threatens legal action over Centerra South project

With new Loveland city council, developer threatens legal action over Centerra South project
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De Vore named McWhinney's VP for marketing, communications – BizWest

De Vore named McWhinney's VP for marketing, communications – BizWest
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Bank likely to take title to Promenade Shops when no one bid during foreclosure auction

Bank likely to take title to Promenade Shops when no one bid during foreclosure auction
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Bank likely to take title to Promenade Shops when no one bid during foreclosure auction – BizWest

Bank likely to take title to Promenade Shops when no one bid during foreclosure auction – BizWest
bizwest.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizwest.com Daily Mail and Mail on Sunday newspapers.

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McWhinney, partners paid $45M for Foothills – BizWest

FORT COLLINS A joint venture between Loveland-based McWhinney Real Estate Services Inc. and Los Angeles-based Prism Places paid $45 million for the troubled Foothills shopping center in Fort Collins.
MXD Fort Collins LLC, based at McWhinney’s Loveland headquarters, purchased the 662,000-square-foot property from Cordes & Co. LLP, the court-appointed receiver for the property, according to a deed recorded with the Larimer County Clerk and Recorder.
The buyer also filed a $30.6 million deed of trust with Independent Bank.
A spokesperson for McWhinney could not immediately be reached for comment on the purchase price.
MUFG Union Bank NA in December filed a lawsuit in Larimer County District Court against Foothills’ prior owner Walton Foothills Holdings VI LLC. MUFG claimed that Walton Foothills had defaulted on a $145 million loan, with $46.59 million remaining in unpaid principal and interest at that time. ....

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