Real estate heirs locked in a bitter feud
- Written by Oregon Business Team
- Published in High Five
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Heirs of influential Portland real estate developer Tom Moyer are in a bitter feud over his granddaughter Vanessa Sturgeon's handling of the business empire.
Heirs of influential Portland real estate developer Tom Moyer are in a bitter feud over his granddaughter Vanessa Sturgeon's handling of the business empire.
In documents filed Monday in Multnomah County Probate Office, 14 of the 19 Moyer family members claim:
- Millions of dollars of family assets have been wrongfully diverted.
- Loans were improperly closed on the signature of Tom Moyer at a time he suffered from advanced dementia.
Sturgeon, 33, said her family members' claims are false. "The allegations in the documents are inaccurate," she said, declining to elaborate.
- That the Moyer dissidents earlier this year ousted Sturgeon as manager of the family's 1000 Broadway Building and forced the return of $14 million in diverted 1000 Broadway proceeds.
Read more at OregonLive.com.
Read about Sturgeon's struggles to revive Park Avenue West from Oregon Business.
{biztweet}tom moyer{/biztweet}
Last modified onMonday, 19 October 2015 11:40