Foreclosure Complaints Filed Against The Cliffs
/Thanks to Pete Finch for Tweeting David Dykes's story on the latest chapter in The Cliffs saga, where "Travelers Rest bank and a Florida corporation have filed foreclosure complaints naming Cliffs developer Jim Anthony as a defendant and alleging they are owed millions of dollars."
Separately, an investment fund alleges in a court filing that Anthony’s company, The Cliffs Communities, hasn’t paid more than $1.3 million in property taxes.
Anthony, whose luxury developments have made him and The Cliffs internationally known and who has ties to legendary golfers Gary Player and Tiger Woods, said he is dealing with economic challenges confronting real estate markets and is confident his company will succeed over the long term.
“We respect our creditors’ rights to exercise their legal rights,” Anthony told GreenvilleOnline.com. “We have all the confidence we will work out a solution that’s suitable to both parties. These are challenging times in the real estate market.”