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Old Posted Nov 24, 2013, 9:45 PM
Larry King Larry King is offline
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Join Date: Apr 2011
Location: Philadelphia
Posts: 976
Quote:
Originally Posted by summersm343 View Post
If they are talking with property management companies, it is probably likely. Every company has to start somewhere. They could be wealthy individuals or children of wealthy individuals looking to break into the real estate game. Or, as Cro said, they could have sold the land, development plans and Planning Commission approvals to another developer. Or they could be partnered with a credible developer. Either way, don't be so quick to dismiss this.
Ya my initial post may seem harsh... I was very shocked at the time.. academics living in fantasyland is a pet peeve of mine, hope they can pull it off