Failed Chesterfield senior living site sold at auction

By Corey Noles

A bankrupt development company has officially lost a Chesterfield property intended to be the home of a new senior living facility.

The property, located at 17655-17659 Wild Horse Creek Road in Chesterfield Valley, was recently sold at auction for $1.1 million. Providence Bank, the holder of the original lien, was the buyer.

The land was owned by Vision Ventures LLC, a company led by Principal Rodney Henry of O’Fallon, Missouri. The company filed for Chapter 11 bankruptcy in March 2015 which… …read more

From:: biz journal foreclosures

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