Clark Tower goes to lender in foreclosure sale
Wells Fargo offered the only bid — $43 million — to take ownership of the landmark building in East Memphis.
There are 2 article(s) tagged foreclosures:
Wells Fargo offered the only bid — $43 million — to take ownership of the landmark building in East Memphis.
Lenders have foreclosed on Clark Tower, saying the owner defaulted on a $60.75 million loan. But the building owner claims the lender is reneging on a refinancing agreement and filed suit in August.
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