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Real estate heirs locked in a bitter feud

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.
  • 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.
Sturgeon, 33, said her family members' claims are false. "The allegations in the documents are inaccurate," she said, declining to elaborate.

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
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