pivotal group: Woooo Hoooo FINALLY a Market Update! - 07/30/08 03:31 PM
Sorry it has been a while since the last market update, but we have been working on changing the the layout of this website...it is going to be great when it is complete! So in the last week we saw 76 properties come on the market, 30 go under contract, and … (0 comments)
pivotal group: The market is heating up a bit and Promontory news - 07/11/08 02:45 PM
Just before the long weekend, the bankruptcy court approved dip financing that will continue operations at Promontory through January 2009. Pivotal (the current developer of Promontory, who was forced into Bankruptcy in March) provided the financing from one of their other Pivotal company...the judge ruled that the two companies, Pivotal Promontory … (0 comments)
pivotal group: A Quick Little Update Regarding Promontory - 06/26/08 04:01 PM
Promontory update:There is no real news to speak of on the Promontory hearings, as the judge said that she should have a decision on July 3. Supposedly Credit Suisse, the first lien holder, does not want Pivotal, the current developer, to continue developing or operating the club. Hopefully, we will know … (0 comments)
pivotal group: Promontory and Glenwild Updates - 06/06/08 08:44 PM
PROMONTORY: -Not too much to report on the Promontory bankruptcy situation. There is another hearing scheduled in court for the end of June. The lien-holders and Pivotal are trying to work out a plan to move forward. Last that we heard Pivotal and the 2nd lien holder had teamed up, and Credit … (0 comments)
pivotal group: What's the deal with Promontory?!?!?!? - 04/03/08 11:18 AM
So there's been plenty of talk lately about the Promontory development and what is going to happen with it's future.....This statement was released from Pivitol Group, the developer of Promontory, on 3/28/08 to its members.
In January, Promontory announced that deteriorating market conditions impacted by the sub prime mortgage crisis led … (0 comments)
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Sorry it has been a while since the last market update, but we have been working on changing the the layout of this website...it is going to be great when it is complete! So in the last week we saw 76 properties come on the market, 30 go under contract, and … (0 comments)
