Lender buys land surrounding Padre Island Schlitterbahn park in <b>foreclosure</b> auction

Austin lender Axys Capital Credit Fund took over ownership of 270 acres surrounding Schlitterbahn's water park and resort on North Padre Island Tuesday after no one else bid on the land at a foreclosure auction in Nueces County, according to an Ayxs lawyer. Eric Taube, Axyx's attorney, couldn't ...