Money grab for past due rent almost derailed sale of shuttered mall

As lawyers waited for final order approving the sale of the now-closed DeSoto Square Mall, the former owner's lawyer tried to collect back rent


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  • | 10:00 a.m. November 5, 2021
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FILE: Sale of mall was almost undone when lawer for owners tried to collect back rent.
FILE: Sale of mall was almost undone when lawer for owners tried to collect back rent.
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The sale of DeSoto Square Mall in Bradenton was nearly derailed because of a dispute between Hudson’s Furniture and DeSoto Owners LLC over back rent.

The problem arose after a bankruptcy auction was completed and won by Rompsen US Master Mortgage, the lender, which paid $20 million for the shuttered mall. The sales agreement called for the new owners to assume Hudson’s lease. A hearing was scheduled to approve the sale Oct. 20 and the motion was granted by U.S. Bankruptcy Judge Jil Mazer-Marino at that time.

 

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