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Arizona LLC on the Block

October 21st, 2011 Matthew Silver

Inside Tuscon Business reports Continental West manufactured housing community in Tuscon, AZ defaulted on a $10.95 million loan and will be sold at public auction 11 AM, Jan. 4, 2012 in the Pima County Courts Building. The 319 homesite community was built in 1960, and boasts two swimming pools, a clubhouse/community center, a playground, and basketball court. Public records show Continental Communities of Oak Brook, IL through its affiliate North Star MHC LLC, as the owner. The 2011 Allen Report lists Continental as the 12th largest LLC operator in North America with 13,106 homesites in 51 communities.

(Photo credit: Continental West)

 

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