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Citigroup moves to foreclose on Patrick Turner's Westport project
Citigroup is threatening to foreclose on Patrick Turner’s $1.2 billion Westport development on the Middle Branch in South Baltimore because of an unpaid $30 million loan.
But Turner said on Monday he is close to securing new financing for the project.
Citigroup Global Markets Realty Corp. filed an order to docket a foreclosure notice against Turner’s Inner Harbor West LLC in Baltimore City Circuit Court on Nov. 20. The foreclosure claims Inner Harbor West failed to pay back the $30 million…
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