TRD-
When Canadian fashion mogul Maurice Benisti’s company lent nearly $19 million to a buyer of a new apartment at Extell Development’s One57, there was no indication that the deal was doomed.
But the entity reportedly linked to Sheri Izadpanah failed to pay back the mortgage by its due date of July 8, 2016, and an LLC tied to Benisti put the four-bedroom unit on the auction block in June 2017 — marking the first foreclosure on Billionaires’ Row.
That same month, another lender seized a $50.9 million penthouse in the 75-story condo tower.
© 2010-19 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.
