TITLE

Prudential sues Turnberry developer

AUTHOR(S)
MILLER, VALERIE
PUB. DATE
May 2009
SOURCE
Las Vegas Business Press (10712186);5/4/2009, Vol. 26 Issue 18, pP5
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the lawsuit filed by Turnberry financial partner Prudential against the developer of Turnberry Towers claiming that Turnberry failed to make its loan payments, misappropriated funds and breached its contract. It states that those included in the lawsuit were developer Jeffrey Soffer with Turnberry West LLC as well as Turnberry Residential Limited Partner LP and Turnberry Residential Pipeline LP. Bruce Weiner, president and chief operating officer of Turnberry, Ltd. cited the economic downturn for the problems at Turnberry.
ACCESSION #
47881250

 

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