Blue Rose Backers in Bankruptcy?
Published: 05 December 2008 - Author: Marcus BurkeAccording to this weeks Orlando Business Journal (OBJ), the backers of the Blue Rose condo hotel project, could be forced into bankruptcy.
A UK-based equity partner, Jaymar Estates, filed a Chapter 7 petition against Blue Rose Orlando LP in Miami. According to the OBJ, South Florida developer Camilo Aguirre labelled the petition as “ridiculous”. He claims the developer will file a motion to dismiss it and describes the action as a “power play” to take over the project.
ron wrote:
well, i think this is way to much & expensive place any way to buy ,
that project sould be cheaper price ,
like that it will be more affordable…
Thank you
Posted 23 Jan 2012 at 11:37 pm ¶