SunCal defaults on yet another massive real estate project

Suncal, a developer that once hired Red County blogger Matt/Jubal Cunningham to promote a project in Anaheim, has “defaulted on a $235 million loan borrowed against Bakersfield

About Admin

"Admin" is either editor Vern Nelson or Greg Diamond, sharing something that they mostly didn't write themselves, but think you should see. Before December 2010, "Admin" may have been former blog owner Art Pedroza.