Popular pumpkin farm faces $7.2 million foreclosure lawsuit

BRADENTON — Hunsader Farms, a landmark Manatee County attraction known mostly for its popular fall pumpkin festival, faces a foreclosure lawsuit on a $7.23 million loan. The loan, court documents show, originated with Synovus Bank. It's since been sold to Portland, Ore.-based Red Hills Holdings, an equity firm that buys distressed assets. 

The Bradenton farm is one of the defendants listed in the lawsuit, filed in September in Manatee County civil court. Other defendants include  Michael Hunsader, David J. Hunsader, Constance M. Hunsader, Cathy Marie Raye and Bridge Creek Inc. Michael and David Hunsader have pledged personal guarantees to repay the debt, records in the lawsuit show.