Seattle Strip Clubs: Top 5: Portland posts fourth-biggest Septebmer decline in Case-Shiller index

Posted on November 25th, 2009 in Seattle strip clubs by stripclubbouncer

2. Beardsley’s company files bankruptcy to save Jazz de Opus building from foreclosure: I had a follow up in print today on developer John Beardsley’s Chapter 11 filing for his real estate company, Fountain Village Development. Here’s the top: Developer John Beardsley, who’s owned downtown Portland real estate since the 1960s,  has put his company into Chapter 11 bankruptcy. Beardsley’s company, Fountain Village Development, owns enough historic properties to fill a skyscraper. But he sent the company into Chapter 11 to prevent the loss of one small storefront to foreclosure. The old Jazz de Opus club at Northwest Second Avenue and Couch Street was headed for an auction Monday morning on the steps of the Multnomah County Courthouse. Beardsley halted the sale with the bankruptcy filing Friday. “I can’t do that,” Beardsley said of losing the building, now rented by a strip club and a tattoo parlor. “I’ve got by far the most historic buildings downtown. I’m a steward, and I’m not surrendering that. “I’m a hard loser, I guess.”

See the full article from “OregonLive.com”




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