CHICAGO -- Banyan Mortgage Investment Fund said it will challenge an award of $3.7 million granted Banyan Mortgage Investors LP II and Banyan Mortgage Investors LP III in connection with a dispute between the company and those entities.

The dispute related to a foreclosure action brought against properties commonly known as the Buckeye Portfolio.

Banyan Mortgage Investment said a panel of three arbitrators issued the award.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.