Buyer picks up last of four apartments in large 2007 foreclosure

By Richard Lawson

The last apartment complex of a four-property foreclosure fiasco three years ago finally has a new owner, although the selling bank still is fighting a previous owner over the old loans in a New York federal court.

For a song late last week, Columbia, Ky.-based investor Premier Real Property Holdings closed on the acquisition of Rolling Hills Apartments at 6535 Premier Drive.…{+}