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Entries Tagged ‘investors’

FL: Bulk buyer’s condo coup busts small-time investors

Sixty-five percent of units at The Kensington owe fees to the homeowners association. Maintenance has suffered Originally from Community Associations Network National

MN: Condo groups sue Gassen, other investors

Three Southwest condo associations are suing several development investors, including former condo-converter Clark Gassen, for not providing adequate reserves for maintenance and repairs at projects they completed. Originally from Community Associations Network National

CA: Investors are duped in condo scheme

Real estate experts say some of the investors, like Greenspan, were straw buyers recruited to purchase properties on behalf of another for a fee. Originally from Community Associations Network National

FL: Condo associations turn to receivers to fight deadbeat investors

Seth Heller’s job description is “professional receiver.” But to some condominium owners and their financially-struggling associations, he might as well be called a super hero. Originally from Community Associations Network National

FL: Bulk buyer’s condo coup busts small-time investors

Sixty-five percent of units at The Kensington owe fees to the homeowners association. Maintenance has suffered Originally from Community Associations Network National

FL: Bulk buyer’s condo coup busts small-time investors

Sixty-five percent of units at The Kensington owe fees to the homeowners association. Maintenance has suffered Originally from National Community Associations News

FL: Bulk buyer’s condo coup busts small-time investors

Sixty-five percent of units at The Kensington owe fees to the homeowners association. Maintenance has suffered Originally from National Community Associations News

TX: Investors sue to recover $1.65 M from fraudulent condo development

In 2005, two Arkansas men thought they were investing $1.65 million in a hot deal in North Carolina to develop condominiums on the last available beachfront on the entire East Coast. Originally from National Community Associations News

MN: Condo groups sue Gassen, other investors

Three Southwest condo associations are suing several development investors, including former condo-converter Clark Gassen, for not providing adequate reserves for maintenance and repairs at projects they completed. Originally from National Community Associations News

CA: Investors are duped in condo scheme

Real estate experts say some of the investors, like Greenspan, were straw buyers recruited to purchase properties on behalf of another for a fee. Originally from National Community Associations News

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