Foreclosure Auction Set After Failed Debt Restructure
GreenState Federal Credit Union moved to foreclose on property tied to Marc Moen and multiple defendants after yearlong talks failed. A summary judgment was granted and a sheriff's sale order issued, though sale date remains unset. Parties involved include Central Park LLC The Chauncey LLC Plaza Towers LLC Iowa City Health Club LLC Hills Bank and Trust and individual lenders.
MENTIONED IN THIS ARTICLE
GreenState
Marc Moen
Michael Moen
Robert J. Jett
Monica Moen
Central Park LLC
the Chauncey LLC
Plaza Towers LLC
Iowa City Health Club LLC
Foreclosures hit downtown Iowa City mixed use Chauncey
Properties bought individually foreclosed in downtown Iowa City affecting Plaza Towers and 70 units at the Chauncey while FilmScene operations remain largely unaffected. The 15 story Chauncey opened in 2019 after tax incentives and a legal challenge. Debts total over 19.8 million with Green State holding a first mortgage.
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Green State
Betsy Potter
The
Iowa City Down
Chauncey
FilmScene
Iowa City
the Chauncey
Plaza Towers
Bread Garden Market
Coalition Against the Shadow
Iowa City Council
Iowa Supreme Court
Iowa property tax reform faces questions amid slow pace
Republican leaders Rep. Bobby Kaufmann and Sen. Dan Dawson defend a broad property tax reform plan as Iowa lawmakers delay decisions to study impacts on local governments and households. Proposals would cap growth, offer exemptions for veterans, and create credits, while critics urge fiscal analyses and caution that residential relief remains unclear.
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Bobby Kaufmann
Wilton
Dan Dawson
Council Bluffs
House
Senate
American Legion of Iowa
Common Good Iowa
Mike Owen
Kaufmann
The
Gazette
Jennifer Konfist
Windsor Heights
Konfist
Pat Grassley
New Hartford
Grassley
Dawson
R-Wilton
Iowa Capitol
Tom Barton
the Gazette
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Business Impact
Iowa City Properties
Coalition OF the
Plaza
Central Park
Iowa City Health Club
Jared Strong
Megan.woolard
Thegazette.com
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Old Capitol Building
E. Washingto
Iowa
E. Burlingtor
E. College
E. College St
Park
E. Washington St
Starbucks
E. Burlington St
Gazette Map
Nick Rohlman
Common Good
Owen
State General Fund
Tax Foundation
Tom
Barton
Thegazette
Rep