Local Developer folds - Barclay's North

edited June 2008 in Seattle Real Estate
Story in the Times

Developer Barclays North will fold, says founder
Here's a link to a site that has some of their local projects.

http://www.barclaysnorth.com/land_development.htm

effing html won't work on that link. I give up

(fixed it - LHR)

Comments

  • The Everett Herald did a big spread on Barclays a couple of months ago. We should ponder which local bank is going to have to eat the losses on BN's construction loans.

    Here, the banks are all named in this article

    http://seattletimes.nwsource.com/html/b ... ays24.html

    Frontier
    Shoreline
    Cascade
    First Sound
    and Banner Bank.

    Also watch for this to have some effect on local title insurance companies which would be on the hook for any mechanics liens.
Sign In or Register to comment.