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Entries Tagged ‘Developers’

IL: Chicago Takes on Bad Developers, With Mixed Results (NPR Audio)

Just a few years ago, homebuyers stampeded into brand-new condos all over Chicago. Then, reality hit. Water started leaking in. Mold crept up the walls. Elevators stopped working. Now the city of Chicago is trying to clean up the mess by chasing after developers responsible for shoddy work Originally from Community Associations Network National

KY: Developers try to use loophole for condos

Ten Louisville developers hoping to overcome a tough credit market and get their stalled condominium projects back on track have come up with a novel approach for getting around tight national lending rules: Originally from Community Associations Network National

NY: Developers Hold On to Deposits at Rushmore

The developers of the Rushmore condominium are refusing to give up the fight for $16 million in security deposits, blocking the return of the money to 41 condo buyers at the West Side building, despite a Second U.S. Circuit Court of Appeals ruling last week. Originally from Community Associations Network National

NV: Condo Developers Turn to Renters for Relief

The condo craze exploded in the Las Vegas valley just a few years back, but now with the foreclosure crises, people aren’t buying into condos when housing prices are so low. It leaves condos floundering with too much inventory. Originally from National Community Associations News

NY: Six developers try selling condos in bulk

With homebuyers becoming increasingly scarce, desperate sellers aim to tap the interest of real estate investors with bundled apartment units and reduced prices. Originally from National Community Associations News

DC: The City Forces Developers to Sell Cheap Condos. But Can You Find Them?

Peltzer’s now informing all of her friends about the affordable-condo process—which is key because the average D.C. real-estate agent doesn’t know or isn’t talking about the deals. Nor is the average developer, it seems, or the average city housing official. Originally from National Community Associations News

IL: Chicago Takes on Bad Developers, With Mixed Results (NPR Audio)

Just a few years ago, homebuyers stampeded into brand-new condos all over Chicago. Then, reality hit. Water started leaking in. Mold crept up the walls. Elevators stopped working. Now the city of Chicago is trying to clean up the mess by chasing after developers responsible for shoddy work Originally from National Community Associations News

KY: Developers try to use loophole for condos

Ten Louisville developers hoping to overcome a tough credit market and get their stalled condominium projects back on track have come up with a novel approach for getting around tight national lending rules: Originally from National Community Associations News

KY: Developers try to use loophole for condos

Ten Louisville developers hoping to overcome a tough credit market and get their stalled condominium projects back on track have come up with a novel approach for getting around tight national lending rules: Originally from National Community Associations News

IL: Chicago Takes on Bad Developers, With Mixed Results (NPR Audio)

Just a few years ago, homebuyers stampeded into brand-new condos all over Chicago. Then, reality hit. Water started leaking in. Mold crept up the walls. Elevators stopped working. Now the city of Chicago is trying to clean up the mess by chasing after developers responsible for shoddy work Originally from National Community Associations News

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