Slutzky Wolfe, Kilpatrick on retail foreclosure near Hilton Head

Posted on May 28, 2009 17:00 by Andy Peters
Harbour Town Lighthouse

The Atlanta firm Slutzky Wolfe & Bailey is representing a developer whose retail and movie theater complex near Hilton Head Island has fallen into foreclosure. 

Sea Turtle Entertainment LLC this month defaulted on a $23.5 million loan for its Berkeley Place shopping center in Bluffton, S.C., according to the Island Packet newspaper. Wells Fargo Bank has begun foreclosure proceedings against Sea Turtle, the Island Packet said, citing records in Beaufort County Circuit Court.

Slutzky Wolfe & Bailey commercial real estate partner Brad Wolfe is representing Sea Turtle in the matter, the paper said. Kilpatrick Stockton partner James Pulliam in Charlotte is counsel to Wells Fargo. Wells Fargo filed its complaint to initiate foreclosure on May 15.

Berkeley Place includes a movie theater and an Outback Steakhouse. The shopping center located in Bluffton, about 10 miles northwest of Hilton Head Island.


More about: ,
E-mail | Share on Facebook | del.icio.us | Permalink | Add a comment | Comments (3) | Comment RSSRSS comment feed

Comments

Comments are closed
ADVERTISEMENT
An Affiliate of the Law.com Network
Sign up to receive Legal Blog Watch by email
From the Law.com Newswire

[about RSS] Law.com Privacy Policy

Categories

Recent posts

Archive

About this blog

Janet ConleyThe Deal Watch Blog is devoted to bringing you the latest news in business law in Atlanta, the Southeast and the U.S. The lead writer is Daily Report associate editor Janet L. Conley.

Janet L. Conley is an attorney who returned to journalism after practicing law with Akin, Gump, Strauss, Hauer & Feld in Washington and with the Georgia Legal Services Program in Atlanta.

During her tenure at the Daily Report, Janet, now the paper's associate editor, has covered law firm economics and management, business and federal courts. In 2007, she received the Georgia Associated Press Story of the Year award and the Atlanta Press Club’s Journalist of the Year award, both for small circulation newspapers, for "Green to Gold," a series of articles on how climate change will alter business and the law.

Janet has written for The American Lawyer magazine and the National Law Journal, among other publications. She also served as managing editor of GC South magazine.

Janet holds a journalism degree from Southern College and a juris doctor degree from the University of Pennsylvania. She lives in Decatur with her husband Mark Harper, also an attorney, and their three children.

She can be reached at jconley@alm.com.

Andy PetersThe contributing writer is Daily Report staff reporter Andy Peters.

Andy Peters has been a journalist since graduating from Furman University in 1992. A short list of the subjects he’s covered includes the Georgia state Legislature, the U.S. semiconductor industry, the Alabama-Florida-Georgia “water wars” litigation, the 1999 American Airlines pilots strike, Coca-Cola and PepsiCo’s battle to acquire the Gatorade sports-drink brand, indie rock music and high school football. Andy has written for Bloomberg News, the New York Times Web site, the Macon Telegraph, the Spartanburg (S.C.) Herald-Journal and the Atlanta Business Chronicle.

Andy has written the Deal Watch column for the Daily Report since March 2006. He was born in Chattanooga, Tenn. in 1971 and grew up in Ringgold, Ga. He lives in Decatur with his wife and two children.

He can be reached at apeters@alm.com.

Blogroll







Sign in