Angas Securities has taken control of a Bondi building as the Adelaide-based lender seeks to recoup its funds on a block owned by former KPMG deal-maker Jon Adgemis.
Adelaide-based lenders Angas Securities stepped in on Friday to seize the apartment building on Campbell Parade, with plans to sell the four level site rather than accept a debt deal offered by Mr Adgemis’ backers.
Angas Securities had extended some of the almost $15.5m in debt attached to the block, with a further $3m…
