ShoDeen fights bank in foreclosure
GENEVA – The 120-acre Tanna Farms Golf Club owned by Geneva developer Kent Shodeen was placed in receivership over a default on a nearly $3.6 million loan borrowed against the golf course in 2009, records show.
ShoDeen built Tanna Farms, 39W804 Hughes Road, Blackberry Township, in 2001.
Bank of America is suing ShoDeen in Kane County for default on that loan and another loan on a different property in Kane County, together totaling nearly $40 million.
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