YOUR BUSINESS AUTHORITY
Springfield, MO
A month after OMB Bank filed suit against Springfield Property LLC to start foreclosure proceedings on Plaza Towers, the property has been sold in a trustee's sale.
Trent Overhue, of Springfield, submitted the winning bid of nearly $13.4 million in the proceedings held Thursday afternoon on the Greene County Historic Courthouse steps. Another bidder, Shawn Bryant, of Nixa, traded back-and-forth bids before the final amount of $13,364,000 was set.
Overhue has been involved in real estate and Affordable Family Storage, according to media reports.
“I just do my own thing,” he told reporters after the trustee’s sale concluded.
Attorney Rod Nichols, who served as the successor trustee for the sale via Spentrust-Missouri Inc., said the sale would not be final until the full sum is presented tomorrow morning.
The sale is for the roughly 4.5-acre Plaza Towers property at Sunshine Street and Glenstone Avenue, according to a trustee's sale notice in The Daily Events publication and Greene County assessor records.
OMB Bank sued Springfield Property LLC and its owner, Marco Denis, to call the note on the property due last month. The lawsuit alleged Springfield Property was in default of the Plaza Towers loan and had not satisfied mechanic's liens filed against the company.
In August 2024, Denis was indicted by a federal grand jury for allegedly possessing eight firearms illegally and lying about his criminal record when buying two of the weapons, according to past reporting. Denis was arrested and jailed in mid-July amid Greene County Circuit Court charges of domestic assault and kidnapping.
A separate trustee’s sale is scheduled tomorrow for Springfield Property’s holdings at 1930 S. Glenstone Ave., according to The Daily Events. The recorded amount is listed at $1 million.
An expanded version of this article is planned for the Springfield Business Journal April 11 Daily Update.
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