So why would Wachovia Bank file a suit against Centrum Properties partners John McLinden, Sol Barket, and Arthur Slaven, their Lakeview Collection LLC, Chicago Title Insurance, the Evangelical Lutheran Church, Cook County, and the Illinois State Treasurer, in the Chancery Division of the Cook County Circuit Court?
I can’t say — county offices were closed on Friday, and McLinden, Barket, and Slaven hadn’t responded to my voicemail by yesterday evening. Given the parties involved, the filing in the Chancery Division, and the lack of progress on Centrum’s Lofts at Lakeview Collection at the corner of Lincoln and Belmont avenues, I’d say it walks and talks a lot like a foreclosure suit. I’ll find out more when the Daley Center reopens on Tuesday.
How did St. Luke’s getting pulled into this? Damn, cut the Lutherans a break. There attendance records are down as it is.
Dan:
As a reader noted in an e-mail to me over the weekend, the church had an easement providing for a playground, parking and ingress/egress to the site. If that’s still the case, then they would have to be named in the suit.
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