The Park Condo Developer Files Chapter 7

Posted On: May 29, 2009 By: admin

The developer of the poplar unfinished eye sore in Uptown Charlotte has filed for Chapter 7. Last year the developer, Verna lost control of The Park Condos after defaulting on a construction loan. The lender foreclosed on the property and BB Syndication Services Inc purchased the property for 14.2 Million at auction.