Latest News 2010 August Night Spot Developer Files for Bankruptcy

Night Spot Developer Files for Bankruptcy

The developer of EpiCentre in the Charlotte, North Carolina area has filed for bankruptcy protection. Afshin Ghazi reportedly filed for bankruptcy protection as the complex is more than $90 million in debt. For now, due to the filing, foreclosure proceedings against Ghazi's Pacific Avenue will be stalled. According to reports, EpiCentre is valued at only $41.5 million.        

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