His lender, Fifth Third Bank, is putting 35 units up for auctionMarch 7 at starting prices that are two-thirds less than whatCantor had been asking. Cantor, who is among a select few Floridacondo developers still standing, clearly thinks Fifth Third isjumping the gun.
"I'm going to look like I've gone under," says Cantor, who hasclosed on the sale of 100 of 242 units since the first SignaturePlace residents moved in last summer. "It's a good idea but it'snot the proper time."
To read the full story from the St. Petersburg Times,click here.
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