HUD suspends Millennia. Whats next for Serenity Towers as court considers takeover? [Video]

MEMPHIS, Tenn. — Attorneys for the owners of the troubled Serenity Towers are due back in Shelby County Environmental Court on Tuesday, March 19th for a special hearing that would put the company a step closer to possibly being stripped of its power at the senior high rise.

It’s a legal process that’s fairly rare, but if it happens, it would coincide with the company potentially being banned from the federal housing business because of how much taxpayer dollars.

WREG visited Serenity Towers recently where longtime resident Robert Nichols pointed out the fact that one of the glass panels on the automatic front doors is missing. It’s difficult to see from the sidewalk, so much so that Mr. Nichols turned his body and pointed during our conversation.

“When that door shut, that second door, you see that,” asked Nichols.

“That’s a empty glass. That glass been out for two months,” …