The True Life Companies is headed for the exit door from Ahwatukee as former owner Wilson Gee prepares tomorrow, Sept. 20, to foreclose on his $8.6 million note the developer signed more than two years ago in its ill-fated quest to build an “agrihood” on the site of the defunct Ahwatukee Lakes Golf Course.
Unlike the last-minute move by the short-lived owner of the Club West Golf Course that stalled his foreclosure on a $1.3 million note by two weeks and has continued to leave uncertainty surrounding that course’s short-term future, Gee expects the Lakes trustee sale to proceed smoothly.
“Everything looks like a go,” Gee said. “I don’t expect any delays.”
