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As I have stated before in other threads, this is one of the worst areas of OC. I work not too far from there so we will sometimes go to El Farralito by these units to get lunch. It was my turn to pick it up, and I felt like I could get shot at any moment. This area is old, beat-up, seedy...

They seemed like very nice looking buildings. They're just 100% overpriced is all. If Nexus is healthy enough to unload it at a big loss now, it seems like that would make more sense than trying to wait it out and making things worse. It just doesn't work for you to be able to buy a newer...

Anyone know the financial condition of this project?

The amusing part is that I keep reading all of these pundolts talking about how she's breaking with JMC's aides in order to preserve her own political career and possible '12 presidential bid. If that's what the GOP has to offer in 4 years, I will feel sorry for them. I really feel that they...

Oversimplifications like these are devised in order to let people of simple intelligence feel like they're participating in politics. Unfortunately any national (and many local) candidates must find ways to appeal to the "hyuk hyuk everyman". At least this time the president himself won't be...

OK but how is taking money from someone who makes minimum wage an application of a plan that doesn't raise your taxes unless you make over $250k per year? I'm not in here to disagree or agree with Obama's policies... but I am just so tired of how every policy *from both candidates* is taken to...

I would also do a search in the forums. But as I commented before, I work close to that development. It's probably one of the worst areas that can still call itself "Orange". It's tucked in right on the border of the ghettos of Anaheim/Placentia. The Mello Roos are obscene given what you get...

Way to go, IR!! You lay it out so intelligently, it makes me glad to have studied finance all these years :)

I like Fountain Valley, I grew up there. But come on! <a href="http://www.redfin.com/CA/Fountain-Valley/8558-Cape-Canaveral-Ave-92708/home/5923538">http://www.redfin.com/CA/Fountain-Valley/8558-Cape-Canaveral-Ave-92708/home/5923538</a> 8558 Cape Canaveral Ave Fountain Valley, CA...

Over on Lasner's blog they have a story about California Coastal getting their loan terms extended. <a...

I did a few searches looking for this development and came up empty. I've been watching it since before they broke ground. <a href="http://www.loscabwest.com">LosCabWest</a> is a building with 40-50 units in my old stomping ground, Fountain Valley. IMO, they priced them far too high. The...

Yes they will. They're just slower to follow.

So then, Marquee Owner, why don't you sell it now? Better now than later.