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In June 2010, after a second failed sale of the building, Fifth Third Bank foreclosed on the property and all tenants vacated the building. [ 6 ] An affiliate of Columbus real estate firm E.V. Bishoff Co. acquired the building on February 8, 2013 for $535,000, ending more than five years of legal limbo for the vacant tower. [ 7 ]
There may not be a lot of homes for sale these days, but there is a lot of housing space sitting empty. Reuters 1 month ago US single-family housing starts surge; permits up slightly
Repossession, colloquially repo, is a "self-help" type of action in which the party having right of ownership of a property takes the property in question back from the party having right of possession without invoking court proceedings.
Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan.
Huntington Plaza, formerly the Huntington Trust Building, is an office building in Downtown Columbus, Ohio.It is owned by Huntington Bancshares, and is part of the Huntington Center complex, which also contains the Huntington Center skyscraper, the Huntington National Bank Building, and DoubleTree Hotel Guest Suites Columbus.
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