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Article: COMPLAINT: HORSE PARK'S MORTGAGE IN DEFAULT.(Local News)
- Article from:
- The Santa Fe New Mexican (Santa Fe, NM)
- Article date:
- February 20, 2009
CopyrightCOPYRIGHT 2009 The Santa Fe New Mexican. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: TOM SHARPE
Co-owner says there are no plans to file for bankruptcy, shut down
By Tom Sharpe
The New Mexican
The Santa Fe Horse Park is in default on its $2.25 million mortgage, according to a complaint filed this week by Los Alamos National Bank.
Venture capitalist Charles Kokesh, one of four owners of the equestrian center and polo grounds, said Thursday that he was surprised to hear about the complaint because the park paid its mortgage through December and is behind on its January and February payments.
"That seems a little vindictive or at least hair-trigger," he said. "It doesn't make good banking ...