published Wednesday, September 8th, 2010

Shabby Red Bank apartment complex changes ownership


by Chris Carroll
  • photo
    Mold, trash and a collapsed ceiling mark one unit at the Ridgemont Apartments in Red Bank. Tenants at both the Ridgemont Apartments and the nearby Cambridge Park Apartments say they're frustrated with conditions at both complexes.

Red Bank residents living in Cambridge Park Apartments will have new ownership and, hopefully, speedier repairs when problems arise, according to a court ruling this morning.

In Hamilton County Chancery Court, Hawthorne Residential Partners, a Greensboro, N.C.-based company, agreed to take the reins from John Gosnell and Cambridge Hamilton, LLC, after a property manager and loan agent detailed late water bills, unresponsive maintenance staff and overwhelming piles of garbage.

John Gosnell and Patrick Phelan — the former property owners, who live in New York State — did not attend Wednesday’s hearing, and they did not have an attorney present for the proceedings.

Ed Harrington, principal executive from Hawthorne, said he will tour the Cambridge Park apartments today in the first step to fix what Chattanooga attorney Nelwyn Inman called “extreme disregard” from its previous landlords.

Inman represents Wells Fargo Bank, who loaned money to Gosnell and Phelan in connection with Cambridge Park.

Chancellor Jeff Atherton required Harrington to submit monthly financial statements so the judge can monitor the business transactions at the apartment complex.

For complete details, see tomorrow’s Chattanooga Times Free Press.

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MotorCIty79 said...

I live in an "apartment" at Ridgemont. I use the term apartment loosely. It has been an uphill battle for the past four months to get management to fix ANYTHING. I have a window that free flows water inside when it rains, and management refuses to fix it. Thanks to them, I have a 300$ electric bill for a 700 square ft apartment. That is only one of many problems. Let's just say I can see why management will not allow the local government to inspect the apartments. They need to be condemned.

September 8, 2010 at 1:29 a.m.
Tax_Payer said...

So when the landlords turn over the property, does that mean the tenants have to vacate the premises? I feel sorry for those that have to deal with deadbeat landlords. I remember years ago when I rented off such a similar management company. I had to get the city code inspector to come sweat them into doing maintenance on my rental property. Several years later, they sold the place to developers, because it got too overwhelming for them to keep up.

September 8, 2010 at 6:03 a.m.
MattKE said...

Although I wish the needs us tenants would have been met in a professional manner so no one would be facing having to vacate, I am glad, however, that all of this is finally coming out into the media and being taken seriously because God knows we have all called multiple times about these problems. If you ask me there is just something 'not right' about these slumlords, with their no-shows at court hearings, their declining any and all comments, and seemingly sketchy way of dealing with money out of state (not to mention their 7 million dollar debt). When they FINALLY appear before a judge to face these serious charges it would not be much of a surprise to find out that these guys have been doing a lot more illegal things than ignoring the water codes. I guess we'll just have to wait and see, but personally I hope they fry.

September 8, 2010 at 12:16 p.m.
whatever said...

I hope everybody who has to live in these places either gets the problems fixed, or can be found a new place to live.

September 8, 2010 at 4:36 p.m.
olddude said...

If the City of Chattanooga would do the same at Mountain Brook Apartments on Mountain Creek Road they would find the same conditions. All of the above mentioned [no water, no garbage pick up,and a very long wait for maintenance. It's like you have to almost beg for something you are entitled to.

September 8, 2010 at 11:19 p.m.
LULU said...

LAST YR. I CALLED MAYOR LITTLEFIELD'S OFFICE ABOUT THESE PROBLEMS AT RIDGEMONT. HE SAID HE DID NOT TAKE CARE OF PROBLEMS LIKE THESE. I CALLED LAWYERS,THE RENTAL ASSOCIATION, CALVIN SNEED. IT WAS A NEVER ENDING THING. I'M GLAD SOMEONE FOUND SOMEONE WHO WOULD TAKE INTEREST IN THESE PROBLEMS.

September 13, 2010 at 10:06 p.m.
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