TITLE

Biggest woe for condos: financing

AUTHOR(S)
Smith, Hubble
PUB. DATE
July 2008
SOURCE
Las Vegas Business Press (10712186);7/14/2008, Vol. 25 Issue 28, pP9
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on problems facing condominium construction projects in the U.S. According to Eileen Bechtol, senior vice president at Chicago Title of Nevada, the primary reason many condo projects are on hold or were canceled is the inability to secure development financing. The residential project Vantage Lofts had ground to a halt and some $17 million in liens were filed by subcontractors.
ACCESSION #
33309351

 

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