Construction
Saturday May 10
In default, Newhall Ranch owner seeks to restructure $1.1-billion loan
“LandSource is still in discussion with the lenders on trying to find a way that they mutually can agree on how to restructure the loan”
LandSource Communities Development, the land development company that owns Newhall Land & Farming Co., has defaulted on a $1.1-billion loan but is working with lenders to restructure the terms, a company ... via Los Angeles Times
Posted by roboblogger
Full Story: Los Angeles Times
Complete Coverage: 1 story
- LA Daily News - Newhall Ranch parent defaults
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