Article: 31 properties of Howard County-based Dale Thompson Builders set for auction

An auction has been scheduled for 31 more properties owned by Dale Thompson Builders Inc., as creditors continue to divvy up the overextended and debt-ridden Howard County residential developer's assets.

Thompson's company defaulted on the PNC Bank loan it used to finance Hopkins Choice, a subdivision located at the corner of Ryon Drive and Patterson Farm Court in Glenelg. The site has been subdivided and graded, with some infrastructure improvements, but no houses have been built.

In April, two other lenders foreclosed on 35 of Thompson's properties at Scot's Glen, a townhouse development in Columbia.

An advertisement for the auction, to be held by Alex Cooper Auctioneers on the site on ...

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