Quote:
Originally Posted by Hill Country
I think the main unanswered question about this project concerns the financing. Do they need a certain amount of pre-sales to secure financing? Or do they already have financing? The 5th & West and Seaholm condo towers had financing in place before they started taking reservations. But I suspect this project is not fully financed because developers tend to announce that they have financing because that is a good thing and will spur sales.
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My source says this project indeed does have funding.
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