Pittsburgh Landlord Facing Foreclosure Leaves Tenants In A Dozen Apartment Buildings With Uncertain Future

In Pittsburgh, Pennsylvania, KDKA-TV Channel 2 reports:

• [T]here's word of a massive foreclosure on a dozen apartments buildings whose tenants who face an uncertain future. All of the buildings are owned by one landlord who owes the bank more than $2 million dollars. Sheriff sales are the end of the line in the foreclosure process. Now on the block are 11 apartment buildings sprinkled through the Southside and a few other neighborhoods and towns. All of them are currently owned by one landlord, Davin Gartley, the owner of Davin Investments, who is in default to the bank for some $2.4 million in loans.

For more, see Renters Caught In Middle Of Foreclosures (read story) (watch KDKA video).

For other posts involving the problems tenants face in rented homes in foreclosure, go here, go here, go here, go here, go here, go here, and go here. TenantRentSkimmingAlpha