CAMDEN — Camden Villa owner Joe Goudreau said Wednesday afternoon, Aug. 9, that his business, the Camden Hills Villa, Inc., an independent senior facility in downtown Camden, would not be auctioned off. Keenan Auction Company, of South Portland, said in an email: “Real Estate Foreclosure Auction 17-157, the 25-Unit Independent Living Facility and Commercial Waterfront Lot, located at 51 Mechanic Street and 4 Knowlton Street, Camden, Maine has been CANCELLED and will not be taking place on 8/16/17.”
“I was able to work something out with the lender,” said Goudreau. “And, it’s business as usual.”
Goudreau said he “worked it out with Camden National Bank” and that he maintains ownership of the deed to the Villa.
Goudreau also owns the nearby Knox Mill, also on Mechanic Street, and which he has converted to apartments.
“That one is going smoothly,” he said.
“My residents and my employees have been amazing and I thank them for their patience and belief