http://www.weknowurban.com/blog/2009/08/century-plaza-goes-bk/ WeKnowUrban.com Blog, discussion and news about loft, high rise, and urban condo living in Phoenix, Scottsdale, and Tempe. Wed, 25 Jan 2012 02:08:55 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.weknowurban.com/blog/2009/08/century-plaza-goes-bk/comment-page-1/#comment-2032 David Tue, 23 Feb 2010 16:56:35 +0000 http://www.weknowurban.com/blog/?p=1612#comment-2032 When you look at the numbers it is no wonder the realestate market collasped like it did. It might not be JUST the developers going bankrupt, the financing bank might be there too! When you look at the numbers it is no wonder the realestate market collasped like it did. It might not be JUST the developers going bankrupt, the financing bank might be there too!

]]> http://www.weknowurban.com/blog/2009/08/century-plaza-goes-bk/comment-page-1/#comment-1690 St. George Homes Mon, 28 Sep 2009 20:41:29 +0000 http://www.weknowurban.com/blog/?p=1612#comment-1690 My best guess is the property is worth approx 15mil at the most. This doesn't even account for marketing and fees when the condos sell. That bank might be asking for a bailout just on this property. My best guess is the property is worth approx 15mil at the most. This doesn’t even account for marketing and fees when the condos sell. That bank might be asking for a bailout just on this property.

]]>