It appears that Millennia Companies is doing more than assembling financing to redeem a foreclosed loan on 925 Euclid Ave. and remove the Downtown Cleveland property from a court-ordered receivership. It appears that it is also seeking to close on financing to undertake a redevelopment of the property per its city-approved plans.
Read MoreCentennial transformation may get financing soon, too Read More »
With hours to go before a July 30 deadline to settle its debts or lose its property in a potential Nov. 3 auction, the owner of 925 Euclid Ave. won a third option — an extended deadline.
Read MoreOwner of 925 Euclid wins more time Read More »
For a large, vacant, old building needing significant repairs before it can even host new occupants in a soft market, there is a healthy amount of interest in buying The Centennial, 925 Euclid Ave. in Downtown Cleveland. The difficulty in redeveloping the building resulted in a lender foreclosing on the property.
Read MoreBuyer interest in 925 Euclid is high Read More »
