I waved Dianne Kyte, a realtor with Coldwell Banker South Metro, over to my corner office at GBM yesterday morning to ask her for an update on the status of the residential condo building at The Crossing where she lives. She confirmed that Highland Bank has taken over ownership of it from the developer, Mendota Homes. (The bank foreclosed on the property 6 months ago.)
Dianne has the listing for the seven unoccupied finished units (street address: 101 St Olaf Avenue N). And yes, the prices have been slashed. (continued)
