Toledo Yacht Club facing sheriff auction amid loan default

TOLEDO, Ohio — The historic Toledo Yacht Club could soon have a new owner. The property is set to be sold at a Lucas County sheriff’s auction next month, leaving its future unclear.

This comes after the club defaulted on a bank loan back in 2023. In total, the property owes more than $260,000 plus interest.

“It’s just devastating for our community. That building is so beautiful. It represents a strong history,” said Toledo City Council member Theresa Morris…

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