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Justin
My head implode


Joined: 17 May 2006
Posts: 493
Location: Atlanta

Desert Sun Development?
PostPosted: Wed May 21, 2008 10:18 pm Reply with quoteBack to top

The Oregonian had a lengthy write-up (7 pgs) on the troubles for Desert Sun Development -- mostly centering around employees who seem to have gotten hosed. However, the company is still up and running (link):

Quote:
Meanwhile, Desert Sun hasn't gone out of business, but Fitzsimons is attempting to move on. He formed a new company, TFMH LLC., in January. A month later, eight lots in Sisters were transferred to that company from a Desert Sun affiliate. In February, according to Deschutes County property records, Columbia River Bank gave the new company a $3.4 million line of credit.


Anyone know about this company? How big were they?

What is going on here?

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