The buyer, Washington, D.C.-based Petra Development LLC, is the only bidder for the prime undeveloped land at the northwest corner of the Dallas North Tollway and John Hickman Road that’s been tied up most recently in receivership.
is currently facing criminal charges and civil charges levied by the U.S. Securities and Exchange Commission in connection with a scheme to allegedly scam more than 100 Chinese investors out of $26 million involving land sites for proposed housing communities in North Texas.
The sale of The Gate property would bring in roughly $3 million in net proceeds after paying secured lenders with liens on the property, according to filings by Barton and Thomas.The developer’s attorneys argue in one filing that the receiver “seems fixated on selling items that are particularly dear to Mr. Barton,” including his personal residence on Rock Creek Drive in Dallas and commercial properties that are at too early a stage in the development process to profitably sell.
ایران آخرین اخبار, ایران سرفصلها
Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.
UNT Dallas partners to bring food pantries on its campus - Dallas Business JournalThe university partnered with the North Texas Food Bank to serve its students, faculty and staff but expanded its reach once the pandemic hit.
ادامه مطلب »
Delta Air Lines adding flights at Love Field after gaining permanent gate - Dallas Business JournalAtlanta-based Delta is expanding its service from Love Field after gaining a permanent gate following a settlement last year that ended a feud with Southwest Airlines over gate space.
ادامه مطلب »
Delta Air Lines adding flights at Love Field after gaining permanent gate - Dallas Business JournalAtlanta-based Delta is expanding its service from Love Field after gaining a permanent gate following a settlement last year that ended a feud with Southwest Airlines over gate space.
ادامه مطلب »
Frisco’s $201M investment will result in 65 miles of road improvementsFrisco officials release information about street projects
ادامه مطلب »