We agreed with the Ministry of Justice to facilitate the consolidated mortgage
procedures and the land.
The bank notes that: "Barnett is liable for the full payment of all accrued and unpaid interest, including payment of any deficiency between the amount finally adjudged to be due and owing on the consolidated mortgage
and the amount realized from the foreclosure sale or sales of the mortgaged property, up to the amount of the guaranteed interest payments, for which a deficiency judgment is being sought by this action against Barnett.
The residence previously was linked with an August 2003 mortgage of $444,600 held by First Consolidated Mortgage
5 million, reduced the Company's consolidated mortgage
debt by $42.
Upon the sale of the 18 non-core hotels, the Company expects to generate net proceeds of approximately $54 million, reduce its consolidated mortgage
debt by approximately $61.
0 million related to the retirement of a consolidated mortgage
note in advance of its scheduled 2012 maturity date.
8 million of consolidated mortgage
debt, purchasing an additional $5.
Its wholly-owned subsidiary Consolidated Mortgage
, one of the largest private trust deed investment firms in Nevada, has more than $450 million in loans under management.
With nearly 30 years of continuous real estate investment success, Consolidated Mortgage
, LLC is one of the largest private trust deed investment firms in Nevada, with over $450 million currently under management.
said, "The strong growth in this quarter is attributed to several factors, most notably the ongoing benefit of now having full ownership of Consolidated Mortgage
, a trust deed investment firm we began to acquire just over a year ago, and the substantial growth of our portfolio of more than 300 percent.
With the recent consolidation of all of our business divisions to our new corporate headquarters and the completed acquisition of Consolidated Mortgage
, now a wholly-owned subsidiary of Desert Capital REIT, we are in a solid financial position moving into the fourth quarter and look for continued growth across all segments of our business.
announced that it has acquired the final 22 percent of Consolidated Mortgage
to complete its purchase, effective October 5.