bidders – Motor City Muckraker

Exclusive: New Packard Plant owner at risk of losing property over delinquent taxes

By Steve Neavling on June 25, 2014 Abandoned Buildings, Art & Entertainment, Buildings, Headline

Peru-based developer Fernando Palazuelo is more than $80,000 delinquent on property taxes and late fees on the abandoned Packard Plant that he purchased six months ago at a tax-foreclosure auction.

Does Texas Doc have $6M for Packard? Lots of red flags

By Steve Neavling on October 30, 2013 Abandoned Buildings, Buildings, Headline, posts, Real Estate, The Packard Plant

New concerns were raised after the investors released a rambling, grammatically flawed statement about a “prophesy.”