The Cascades Grandview apartment building in Greensboro is set to be foreclosed and sold at auction on November 13:
Mortgage lender Spartan Heights Apartments claimed Cascades Grandview LLC was in default on its loan for 830 W. Market Street. The apartment building has been under scrutiny this year from Duke Energy and the city of Greensboro for unpaid utility bills.
At a foreclosure hearing Guilford County Superior Court this afternoon, only the receiver overseeing the property was present. Judicial Hearing Officer Amanda Sheek granted the sale of the building, to take place at the court house noon, Nov. 13.
The building and land are worth $6.2 million, according to county tax records.