Munford
Real Estate
The Lake District development files for Chapter 11 bankruptcy, property auction canceled
The developer of The Lake District, a major mixed-use development in Lakeland, on Friday filed for Chapter 11 bankruptcy and announced plans to reorganize the same day the development was slated to be auctioned off. Lenders for The Lake District, which filed the foreclosure sales notice in February, were set...
Memphis real estate: As prices and sales drop, here are 4 things to know
February saw a continued trend of fewer homes sold and an overall decrease in median home sales prices year-over-year, despite some neighborhoods seeing price jumps, according to data from the Memphis Area Association of Realtors. MAAR's 2023 President Carmen Prince said more inventory coming onto the market was a good...
The Lake District in Lakeland headed for foreclosure sale
MEMPHIS, Tenn. — A sprawling mixed-use development in Lakeland is headed for a foreclosure sale this month, but the developer says he’s confident this is just a “bump in the road.” The Lake District property on Canada Road is set to be auctioned on the steps of the Shelby County courthouse March 24, according to […]
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