Tuesday, March 10, 2009

Landlord With Arizona Buildings In Foreclosure Faces Same Problem In Georgia; Tenants Face Water Shutoffs, Accumulating Trash

In Norcross, Georgia, WXIA-TV Channel 11 reports:
  • Dozens of residents at a Norcross apartment complex are on edge, even though mounds of garbage piled at their front door have been hauled away. Plenty of problems remain at the Steeplechase Apartments on Singleton Road, now that the complex is a target for foreclosure.

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  • The California management company that owns this complex and four others in Metro Atlanta hasn't been paying the bills -- not for sanitation -- which is why the garbage piled up, and a community improvement group had to step in to pay for the cleanup. The management company didn't pay the power bill, so, no more electricity at the front office. [... Employee Tainia Haywood] says the management company e-mailed her to say the complex and others run by the Bethany Group are on their way to foreclosure. Eventually, it will come under new management -- no one's sure when.

For more, see Management Company Deliquent On Rent, Power.

Go here for other posts on Bethany Group buildings in foreclosure.

For more on the problems faced by the Arizona tenants of this landlord facing foreclosure, see: