School's Out for Latest Foreclosure Victim

The cobalt blue Rolls Royce had been carefully nosed into a parking space at a strip mall converted into an elementary school called the Charter School Institute. A private lender had evicted the school from its Hallandale, Fla., campus Monday, changing the locks on the doors. Joseph Valbrun, the school's founder and proud owner of the Rolls he says he bought for a song from retired NBA player Alonzo Mourning, was $300,000 behind on the school's mortgage payments. So Tuesday, the school's...Full Story
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