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There is a sizeable foreclosure in Lane County, OR by Columbia State Bank. Amount owed is $6 Mil +. Sandpines Development, LLC. Date of sale will be April 13, 2009. It was in the Eugene newspaper. Looks like it was dated 2-25-09. Best I can tell by the plat map, it is a development in Florence, OR, date of note is 4-11-07.
All public record. That is going to hurt. I do not hold this stock--didn't recognize the name at first, since it is a Washington Bank. Must be a Bank of Astoria transaction. Good luck! Rating :
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