Scottsdale Condo Development Proposed Solis property slated for trustee sale!

http://www.HOMESSCOTTSDALEFOR.com Realtor Juan Pesqueira 480.458.8007 Buy   Sell   Search   Contact A vacant downtown Scottsdale property that was cleared for a luxury hotel and condominiums is scheduled for a trustee sale next week. A development group headed by Mark Madkour of Scottsdale Canal Development had plans to build the 240-room Solis Scottsdale hotel and 140 condominiums on the 10.57-acre property. But the lender foreclosed on the property and Scottsdale Canal Development filed for Chapter 11 bankruptcy last fall. The site northeast of Scottsdale and Camelback roads and east of the Arizona Canal has been vacant for nearly three years. Madkour’s group tore down aging apartments along…