|
|
|
This week, Lennar will be served with a big lawsuit from almost 90 Bakersfield homeowners alleging defective construction in new northwest neighborhoods.
Click here for the article; you can download the complaint if you're so inclined:
It's not the only such lawsuit filed in Kern after...
|
Comments [21] - Views [518]
|
|
|
|
We know SunCal has stopped paying bills at the McAllister Ranch project...but why? Bankruptcy plans? A sale in progress? They don't have money? It doesn't pen out so they're walking away from it? It's easier to process all the mechanic's liens as a group?
They seem to be buying land...
|
Comments [4] - Views [214]
|
|
|
|
• The New York Times has a feature today on longtime Sacramento developer Dunmore Homes, which is now tanking (including its Kern County projects):
http://www.nytimes.com/2008...
• The Sacto Biz Journal has a story on...
|
Comments [0] - Views [82]
|
|
|
|
More folks than usual (some even wearing nice clothes!) showed up at the daily City Hall auction this morning to see the SunCal foreclosure go down.
SunCal's debt to Lennar on 515 acres in Shafter had reached about $86 million (with interest and fees).
Bidding opened at $10 million. The...
|
Comments [1] - Views [206]
|
|
|