Individual.com logo
Welcome   (I'm not )
Select a date:

My Topics
Click here to add topics
Table bottom

My Companies
Click here to add companies
Table bottom

Newsdesks
Top World News
Business
Finance
Internet
Computing
Environmental
Energy
Healthcare
Industry News, A-Z
Sports
Telecom
Transportation
Table bottom

Search
Google News
Table bottom

My Settings
Topics
Companies
Personal Info
Preferences
Forgot Password?
Log out
Table bottom

Top Topics
Should employers hire the overqualified?
Briefing.com: Bond Market Update - 08:55 ET
Pratt & Whitney Rocketdyne's Space Shuttle Main Engines Deliver Hardware to Support Science Experiments Onboard the International Space Station
South Bay Galleria to get another needed face lift
Skateboarder's death leaves many questions
Airmedia to March into Outdoor Media Field
INDONESIA'S DIAN SWASTATIKE ACQUIRES COAL MINING CO FOR US$4.8 MLN
3 teens plead innocent in burning of boy
BofA ends retiree match for nonprofits
EU Extended Deadline For Antitrust Review Of Oracle, Sun Microsystems Deal (ORCL,JAVA)
Table bottom

Top Topics
Antitrust
Corporate Performance
Stock Market
Education
Top World News
Banking
Aerospace & Defense
Alternative Energy
Insurance
Oil & Gas
Table bottom

Ex-Hecker mansion downsized

Paul Walsh
Oct 31, 2009 (Star Tribune - McClatchy-Tribune Information Services via COMTEX) --

It's enough to make you wonder what former possessions of Denny Hecker's aren't for sale.

A multimillion-dollar home in Medina once owned by the Twin Cities businessman who had enjoyed mogul status thanks to his auto dealership empire, is being sold by the bank for what the real estate agent declares is a "New Price!!!"

Here's what you can get for $5.6 million (down from $6.5 million): A private, gated estate on 200 feet of Mooney Lake shoreline, indoor and outdoor pools, tennis courts, an indoor basketball court, a guest house, six bedrooms, eight bathrooms and 11 garage stalls.

The 17,251-square-foot home, which sits on 5.35 acres at 1492 Hunter Drive, is now owned by TCF Management Corp. To see an extensive photo gallery, visit www.meredithhowell.com/22007-default.html.

The agent listing the home, Meredith Howell, confirmed that the property was formerly owned by Hecker, who filed for bankruptcy protection in June, claiming $18 million in assets and $767 million in debt. Lawsuits by Chrysler Financial and seven other lenders also have been filed, and Hecker is the target of a federal criminal investigation as well, his lawyer has said.

The gavel has fallen twice this year on a bevy of Hecker possessions as part of an effort to pay off his creditors. Those items have included autographs from golf and hockey legends, a police cruiser, dozens of watches, scooters, motorbikes, and racks and racks of golf equipment.

PAUL WALSH

To see more of the Star Tribune, or to subscribe to the newspaper, go to
http://www.startribune.com/. Copyright (c) 2009, Star Tribune, Minneapolis
Distributed by McClatchy-Tribune Information Services. For reprints, email
tmsreprints@permissionsgroup.com, call 800-374-7985 or 847-635-6550, send a fax
to 847-635-6968, or write to The Permissions Group Inc., 1247 Milwaukee Ave.,
Suite 303, Glenview, IL 60025, USA.


Copyright (C) 2009, Star Tribune, Minneapolis
News Provided by

Story Details

Tell a Friend About Us

Home Help My Settings Privacy Policy Terms of Service Advertising About Us Contact Us Logout

Copyright , Individual.com, an Office.com Company. No redistribution allowed.