Posted by John Merchant on November 08, 2006 at 23:13:59:
Litigation or the threat of it in so many condo conversions is the big reason for NOT making condo loans.
condo litigation - Posted by Bryce
Posted by Bryce on November 08, 2006 at 14:51:34:
Is there any way to lend on a condo project in litigation? The HOA is in suite with the developer over defect amounting to $10 mil.