Receivership Profile Shaw’s Cove Office Building New London, CT
SHAW’S COVE 6 NEW LONDON, CT 90,000 SF   Class A Office JE Robert Companies / JP Morgan Assignment: Lender initiated foreclosure proceedings while the property was 66% vacant. Complex litigation regarding borrower representations represented a delay in gaining property control. NPG was named Court Appointed Receiver in October, 2007. Strategy / Results: NPG gained [...]