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 and the other Pivotal [...]
Continue reading about The market is heating up a bit and Promontory news
MARKET UPDATE:
Over the past week we’ve seen 55 properties come on the market, 32 close, and 31 go under contract.
Of note:
ACTIVE:
-Fantasically priced home in what has turned out to be a hot Lower Deer Valley market. It comes in at $1.883m; 4660 sq ft, 5bd/4ba, $404 psf.
-Great deal on an income generator in Upper Deer [...]
