View Single Post
  #7448  
Old Posted Sep 9, 2020, 8:05 PM
Natoma Natoma is offline
Registered User
 
Join Date: Dec 2017
Location: Chicago/London
Posts: 42
Well wait a minute. I thought the issue isn't that outside factors sunk the Wanda hotel. It's that Magellan knew the hotel wasn't happening before the sale, but didn't disclose it to the buyer and sold the condo anyways. And actually (according to the buyer) they didn't simply not disclose it, they actively promoted the Wanda hotel even though they knew it wasn't happening. So that's the misrepresentation.

And as I typed this post out, looks like another top floor condo buyer suing Magellan.
https://www.chicagobusiness.com/resi...looks-back-out
But this guy says they upcharged him for his custom build out after initially saying they wouldn't.
Reply With Quote