The developer of the high rise Centerpoint Condo's in downtown Tempe, Tempe Land Co. LLC filed a motion this week to convert their Chapter 11 Bankruptcy to a Chapter 7 filing.  This will add further delay to a project that has been delayed since the summer of 2008 when the project stopped due to lack of funding from their lender, Mortgages Limited, who then filed Bankruptcy itself.  Tempe Land owes $135 Million to Mortgages Limited.  The project will most likely be sold, and Mortgages Limited will have to decide what to do with two unfinished condo buildings standing in downtown Tempe...stand by for more information from the Bankruptcy courts.