Mortgages Ltd. Properties
June 2, 2010
The collapse of the real estate and financial markets sent Mortgages Ltd., a real estate investment firm, into bankruptcy. The company has emerged from Chapter 11 and is now selling off assets to try to recoup money for investors. We’ll hear from former Arizona Land Commissioner Mark Winkleman who has been hired to oversee that process. And we’ll go inside two premier properties: the Centerpoint Towers in downtown Tempe and the Chateaux on Central brownstones in central Phoenix, which were recently sold to a company that plans to put them on the market by the end of the year.