- Home
- Builder/Developer Updates
Builder/Developer Updates
Updates on Builder/Developers in our area.
Centerpoint in Tempe Sold
- By Bill Gemmill
- Published 09/3/2010
- Builder/Developer Updates
- Unrated
_thumb.JPG)
Centerpoint Condo towers in downtown Tempe
The twin condo towers in downtown Tempe that have been sitting vacant and unfinished since the original developer ran out of funds (and went into bankruptcy) and may finally be sold. A purchase agreement was announced September 2nd with the Zaremba Group.
Leading New construction lender emerges from Chapter 11
- By Bill Gemmill
- Published 08/19/2009
- Builder/Developer Updates
- Unrated
Mortgages Limited funded Centerpoint in Tempe
Mortgages Limited, one of the larger lenders funding new residential and commercial construction projects has emerged from Chapter 11, but it will not be business as usual.
Area Builders financial picture bleak for some
- By Bill Gemmill
- Published 11/8/2008
- Builder/Developer Updates
- Unrated
Home under construction-does the builder have enought $ to finiish it?
The Greater Phoenix real estate market downturn continues to make new home building a tough business. Some developers have put everything on hold, some have lost land and unfinished homes to foreclosures, some have ended up in bankruptcy court, while others still hang on sharing the sales of about 1,900 homes/month.
