Article: PARK CO-OWNER LOSING HOME TO FORECLOSURE.(Local News)

Byline: TOM SHARPE

Venture capitalist Charles Kokesh could be losing his east-side residence as well as his polo grounds southwest of Santa Fe.

On Thursday, a judge agreed to allow a foreclosure sale of Kokesh's home at 708 Camino Corrales in seven weeks.

According to a complaint filed by Thornburg Mortgage Home Loans Inc. last year, Charles R. and Marla Gokee Kokesh took out a $3.9 million adjustable-rate mortgage with an initial interest rate of 6.875 percent on June 19, 2006.

By Oct. 31, 2008, it says, the Kokeshes still owed the full principal of $3.9 million and were unable to keep up with the payment schedule.

Santa Fe ...

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