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LSREF2 BARON, LLC v. ALEXANDER SRP APARTMENTS, LLC

Civil Action No. 1:12-CV-2545-AT.

17 F.Supp.3d 1289 (2014)

LSREF2 BARON, LLC, Plaintiff, v. ALEXANDER SRP APARTMENTS, LLC, Defendant/Third-Party Plaintiff, Hudson Americas LLC, Third-Party Defendant.

United States District Court, N.D. Georgia, Atlanta Division.

Signed March 31, 2014.

Attorney(s) appearing for the Case

Lisa Fivars Harper, Taylor, Feil, Harper, Lumsden & Hess, PC, Atlanta, GA, for Plaintiff.

Andrew Mabon Beal, Beal Law Group, Nicholas Prince Smith, Nicholas P. Smith, Attorney at Law, Atlanta, GA, for Defendant/Third-Party Plaintiff.

ORDER

AMY TOTENBERG, District Judge.

This case arises out of Defendant Alexander SRP Apartments, LLC's ("Alexander") default on a nearly $17 million loan from Regions Bank ("Regions") to fund the development of the Odyssey Lake Apartments in Brunswick, Georgia ("Apartment Complex" or "Property"). Plaintiff LSREF2 Baron, LLC ("LSREF"), Regions's putative successor in interest, foreclosed on the property with the assistance of Hudson Americas LLC (...

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