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Fortress Real Developments woes

DSC

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From G & M

Real estate developer Fortress faces foreclosure battles as mortgage lenders circle

There are, according to the Database, 14 of their developments underway or in pre-construction. (One "on hold".)
 

mikejb

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It has to be a stressful time if you are one of the buyers, or mortgage holders tied up with these guys. The article says the Avenue Road and Brookdale job has been shut down, three stories out of the ground.
 

LMVDR

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If you didn't spot this train wreck from 100 miles away and you have anything to do with the real estate industry then you are ignorant, blind or just plain incompetent.
 

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