Park Lafayette Condos Face Foreclosure Suit in Latest Legal Action, Lender Says Investors Owe $100 Million

Summary


By TOM DAYKIN

Park Lafayette, the largest new condominium development in Milwaukee, is facing a $100 million foreclosure suit after being plagued with slow sales.

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Extract


Park Lafayette Condos Face Foreclosure Suit in Latest Legal Action, Lender Says Investors Owe $100 Million

New York-based Amalgamated Bank, the project's construction lender, is suing investment group Renaissant Lafayette LLC, whic...

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