In 2011, an Ohio man was served foreclosure papers on his $4.5 million, 17,000-sq-ft mansion; after nearly 15 years of hearings, mediation and court fights, an eviction notice has now been approved

In 2011, an Ohio man was served foreclosure papers on his $4.5 million, 17,000-sq-ft mansion; after nearly 15 years of hearings, mediation and court fights, an eviction notice has now been approved

According to reporting by Realtor.com and News 5 Cleveland, along with Ohio court records, an unusually long foreclosure battle involving a sprawling mansion in Aurora, Ohio, has reached another turning point. A magistrate has approved the eviction of Louis Telerico, who has continued living at the property despite the home changing ownership. The 17,000-square-foot estate, … Read more

Peter Thiel quietly bought Los Angeles’ 40,000-sq-ft Casa Encantada for $130 million at foreclosure after it had once been listed for $250 million; his identity as the buyer stayed hidden for months

Peter Thiel quietly bought Los Angeles’ 40,000-sq-ft Casa Encantada for $130 million at foreclosure after it had once been listed for $250 million; his identity as the buyer stayed hidden for months

Casa Encantada, a 40,000-square-foot Bel-Air mega mansion, known as Los Angeles’ most iconic estate, has found a new owner in billionaire investor Peter Thiel. According to a report by LA Times, the venture capitalist and PayPal co-founder quietly bought the property through a limited liability company at a foreclosure auction in Pomona in July this … Read more

In 1907, New Jersey’s Clementon Park opened; after surviving a 1931 fire and a $2.37 million foreclosure rescue in 2021, it has permanently closed; now the 52-acre site goes on sale

In 1907, New Jersey's Clementon Park opened; after surviving a 1931 fire and a $2.37 million foreclosure rescue in 2021, it has permanently closed; now the 52-acre site goes on sale

After more than a century of welcoming families through its gates, Clementon Park and Splash World in Camden County, New Jersey, has announced the ‘difficult decision’ to close permanently. The landmark amusement park made the announcement on September 9, marking an end to its 119 years of operation. The property is now up for sale. … Read more