Gregory Management & Consulting Services Industry Blog.
Thursday, June 13, 2013
Chased by Caplan's collectors, Blumenfeld says 'nothing gonna stop' Divine Lorraine rebuild
North Broad Street developer Eric Blumenfeld's ex-business partner, Market St. developer Ron Caplan has purchased Blumenfeld's $28 million personally guaranteed but sadly defaulted Wells Fargo Bank loan, which was supposed to fund the aborted conversion of the Marine Club apartments at Broad and Washington into condominiums. Read more here…
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