A local developer whose mission for the past decade has been trying to develop Derby’s K-15 corridor — and who recently closed his Wichita coffee shop for good — is being sued by his lender, who is seeking to foreclose on four commercial properties.
KS State Bank filed the suit March 9 in Sedgwick County District Court against Brant Dumford and his Brody Holdings LLC. Dumford owns Layali Mediterranean Restaurant and The Coop coffee shop in Derby and recently closed The Coop coffee shop Wichita, which operated out of a three-story, 1909 house at 2812 E. Douglas.
The suit says that Dumford has defaulted on loans at four commercial properties— two in Derby and two in Wichita. The bank is seeking foreclosure on the properties and the principal amount owed — which totals $1.7 million— plus accrued interest and fees, including late fees…