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    • Partially Built, Bank Owned, Financially Distressed Projects Pose Legal, Insurance Challenges
Partially Built, Bank Owned, Financially Distressed Projects Pose Legal, Insurance Challenges
 

The American landscape is littered with partially built, financially distressed or bank owned properties. Whether they are towering condos, gleaming hotel resorts, urban mixed use or suburban office space, many of these are now seeking new investors, developers and contractors to complete what someone else began in a rosier economic environment.

While many of these properties can look like great bargains on the surface, failing to properly investigate the background and potential roadblocks for future development can result in losses rather than profits. Read more

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