A possible foreclosure auction for Elvis’ former home now seems to be off the table. But how did it become a possibility in the first place?
It looks like Graceland won’t be auctioned off. But how did the possibility ever occur?
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PCCP’s 296,000 SQFT Park Square in Portland Scheduled for Foreclosure Sale in October
Park Square, a 296,000-square-foot office complex in downtown Portland, is headed for a foreclosure auction on October 30th due to its owner, an entity affiliated with PCCP LLC, defaulting on $37.5 million in debt. This is not the first Portland office property to face financial trouble, as Montgomery Park also recently faced foreclosure and is now being marketed for sale.