Financial woes downstream for Falling Waters (IN)

With years of financial and legal woes now in the past, developers of the Falling Waters subdivision are hoping to get back on track, welcoming new buyers to the upscale development.  “The homeowners are just ecstatic,” said Babe Woodward of Prime Real Estate in Crown Point.  The development, located just east of the Lake/Porter County line and south of Division Road, was taken over by a new owner, who cleared the site of the $19 million debt that was holding it back, according to attorney David Woodward.    Read the article…………..


Related Articles

Master-Planned Communities Look to Innovative Future

Developers of master-planned communities (MPCs) must innovate to remain relevant, said Kathleen B. Cecilian, a ULI governor and chief executive

Fake grass gains ground in California amid concerns about ongoing drought

Comprehensive numbers are hard to come by, but makers and installers of synthetic turf say they are experiencing an unprecedented

Residents to demand change in Poinsiana HOA battle (FL)

Residents spent the day protesting property management company First Service Residential, alleging the company mishandled millions in HOA dues.   “This