Enders Place Condos Scheduled For Auction
Published: 14 April 2009 - Author: Jens RaduschewskiEnders Place condos, Baldwin Park
is scheduled to go to auction on April 21st 2009, if New York condo conversion firm Lexin Capital fails to pay the $46 million owed to HSH Nordbank AG.
According to the OBJ, Lexin Capital Inc. took over the 220-unit property in Orlando suburb Baldwin Park in 2006 but due to a lack of sales, have been unable to keep pace with their debts.
Lexin Capital also converted the Celebration community now known as Siena at Celebration in 2004.
Karen Walker wrote:
So will Enders Place condos be auctioned off? I don’t think Sienna Place was auctioned. There are still tons of vacant units at Sienna Place but they’re not selling.
Posted 25 Apr 2009 at 7:51 pm ¶