From the monthly archives:

June 2009

Fontainebleau Woes Continue

by admin on June 23, 2009

It has been a very rocky road for Turnberry Associate’s latest project Fontainebleau. Earlier this year it was in an enviable position having secured 100% of its financing prior to construction. However, despite the best planning the project was forced to file Ch. 11 bankruptcy earlier this month. The project ran out of money [...]

{ 0 comments }

Yet Another Lawsuit

by admin on June 10, 2009

The courts have been kept quite busy since the real estate bubble burst. If you surf the web, it seems that everyone was predicting that the housing market crash. One of the things that people tend to forget is that there is no guarantee that any property you buy will go up in value.
Right now [...]

{ 0 comments }