The Future of an Unfinished Condo Project

MIAMI-Early condo investors find themselves in a quandary when an unfinished property goes back to the lender.

By Paola Iuspa-Abbott | April 05, 2010 at 07:48 AM

(This story originally appeared in the Daily Business Review)

MIAMI-Attracted by glossy promotional pitches, Rupert andBeverley Henry say they almost emptied their retirement account afew years ago to buy a condo where they hoped to spend the rest oftheir lives.

They liked what the brochures and what the developer told themof the proposed Oaks at Biscayne Landing near Biscayne Bay in NorthMiami.

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