Judge Grants Receivership To Bank After Tulsa Apartment Complex Water Hearing

A judge granted the bank’s request to receive the property near 57th and Lewis, but tenants who testified on Monday say they are still going home to unlivable conditions. 

Monday, February 5th 2024, 10:44 pm



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News On 6 has an update on a story about the living conditions of tenants at a Tulsa apartment complex, Crossing at Southern Hills.

After airing that story, a law firm representing the property's lender filed an emergency hearing to take over the property.

Related Story: Tenants At Tulsa Apartment Complex Say They Have No Hot Water, Other Property Concerns

A judge granted the bank’s request to receive the property near 57th and Lewis, but tenants who testified on Monday say they are still going home to unlivable conditions. 

More than two months have passed since residents of Crossing at Southern Hills were able to access hot water, but London Square Holdings, the owners of Crossing at Southern Hills, is in a bit of hot water itself.

In the courtroom on Monday, a testimony from the property’s lender, CoreVest Finance, says the holdings group is in default on its loan and owes more than $18 million.

Chelsea Flowers shared her concerns about the property with News On 6 last month, and shortly after airing her story, she said the apartment’s management left her an eviction notice on her door.

“No explanation. I did call. I left a message asking if they could let me know what this is about and why, and no answer. No response,” Flowers said. 

She was fed up with living without hot water and having to dodge cockroaches crawling all over.

“Nobody deserves to have to live like this. No matter what your situation is. No matter if you’re on housing. No matter if you were incarcerated. We are all still human, and at the end of the day, everybody deserves a good place to lay their head down,” Flowers said. 

Living conditions are only getting worse for Regina and Julie Morgan. Pipes continue to drain into their apartment.

“I am a convicted felon. You can't get an apartment. That's how come we wound up there,” Morgan said. “We pay $965 a month there. They're behind $18 million. Don't think I’m too worried about the rent right now.”

An attorney representing the apartment made several objections in court on Monday because she says they weren’t fully prepared. 

Since the receivership was granted, the lender's attorney says a representative will soon be appointed to begin restoring the property.

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