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Who’s taking over stalled condo projects? A few risk-takers

October 21st, 2009 · 2 Comments

Here’s the story I had in the Globe this week about the interesting business of taking over stalled condo projects. It’s a bit of a specialty area that’s developing for lawyers and accounting firms, as they work with companies willing to take the plunge. They’re not the easiest development deals, as there are lots of legal, tax and financing complications, but some are forging ahead anyways.

By the way, lawyer John Sandrelli, whom I quote in this story, says this is only the beginning, with lots more to come.

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