Brian Tuttle accused of trying to “sabotage” $60M Main Street bankruptcy sale
Brian Tuttle is trying to “sabotage” a $60 million bankruptcy sale of his distressed Main Street development site in Royal Palm Beach, a lawsuit alleges. Concord Wilshire Capital is in line to purchase the site and says it was working to close the deal within all deadlines. But Tuttle “conspired” to divert the deal to a backup buyer, The Ardent Companies, because that would allow him to keep a stake in the property, the lawsuit alleges. Los Angeles-based Concord Wilshire Capital, led by Steve Sirang, sued Tuttle and his affiliates Main Street at Tuttle Royale and TLH-26 Giles on Thursday […]This article originally appeared on The Real Deal. Click here to read the full story.
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