Greeley commercial landlords file bankruptcy after foreclosure ...Saudi Arabia

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GREELEY — A Greeley company has filed for Chapter 7 bankruptcy protection with $2 million in liabilities against a commercial condo building and vacant property they own in Nunn. The company, MJ 1814 LLC, is still listed as the owner of Unit E of 4689 W. 20th St., the northernmost building in the College Green commercial park off of 47th Avenue and 20th Street in Greeley, and a residence and about 73 acres of land in Nunn, all of which were used to secure various loans on which their bankers recently foreclosed. Another 10 acres worth $135,000 is guaranteed by LCB Properties LLC based in Park City, Utah. Michael Ozell and Judith Roberts, the sole members of MJ1814 LLC, filed for bankruptcy A

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